Asset Management Giant: A German-British Bank is Reinventing Itself
The German-British asset manager Schroders faces a potential takeover by US competitor Nuveen for £10 billion, marking a significant turning point in its 220-year history.
Schroders agrees £9.9bn takeover by US investor, ending 200 years of family ownership
UK asset management group Schroders has agreed to a £9.9 billion takeover by US firm Nuveen, concluding two centuries of family ownership.