The asset manager is downgrading its involvement in the LSE-chaired Capital Markets Industry Taskforce even as its chair joins the board of the exchange's parent company, Sky News learns.
Dame Elizabeth Corley's appointment as a non-executive director of LSEG puts her in the frame to be an eventual successor to chairman Don Robert, Sky News learns.
Net Operating Income: Stable despite net outflows in Institutional and Solutions business.Operating Expenses: Contained to a 2% increase.Operating Profit: Down
Mar 06, 2025 / 09:00AM GMTRichard Oldfield - Schroders PLC - Group Chief Executive All right. Good morning, everybody. Thank you for joining us on investing you
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meani…
The chief executive officer of Impax Asset Management Group Plc says the sudden exit of one of its biggest clients represents a setback, as the firm embarks on a nu…
Layoffs: Sources told Bloomberg that Schroders is cutting 3 per cent or 200 jobs, mostly in tech, as new CEO Richard Oldfield looks to revive the UK’s largest standalone asset manager.
Schroders Plc is pruning the size of its executive committee to nine members from 22, marking new Chief Executive Officer Richard Oldfield’s push to revive the fort…
European stocks fell as traders’ focus turns to Tuesday’s too-close-to-call US election and a Federal Reserve interest-rate decision looming later in the week.