Schroders

Schroders is a global asset management company.

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People News: BofA Merill Lynch, Schroders

Now hiring - not

Bank of America Merrill Lynch has appointed Philippe Chryssicopoulos as its head of power, utilities and renewables investment banking for Europe, Middle East and Africa, according to a memo seen by Reuters.

Schroders said to make changes at board level

Schroders is preparing to refresh its board with two new non-executives this year as part of an olive branch to investors concerned about the unorthodox decision to appoint the wealth firm’s long-standing chief executive Michael Dobson as chairman.

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Here Is The City News Shorts

Barclays Bank CEO John Varley said at an investor conference in New York earlier this week that his bank's wealth management operations should be able to generate £500m in profits before too long. The unit posted pre-tax profits of £172m in 2005.

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