Schroders £9.9bn Sale Ends 200-Year Family Era
#MergersAndAcquisitions #FinancialSectorSchroders agrees to a £9.9bn takeover by US firm Nuveen, ending over 200 years of family ownership. The deal creates a global fund management giant. The Schroders brand and its large London office will be retained. read more
#ClimateChange #FinancialSector
In 2023, Jamie Dimon, CEO of JPMorgan Chase, faced allegations from US senators, led by Elizabeth Warren, for potentially retracting climate commitments and misleading investors. Concerns arose over the bank's actions, indicating a shift away from environmental goals towards short-term financial gains. read more