AstraZeneca shareholder calls on board to reverse Pfizer takeover bid rejection
Top 20 investor Schroders criticises rejection but analysts believe it unlikely shareholders can make Anglo-Swedish drugs giant rethinkA major AstraZeneca shareholder has called on the Anglo-Swedish...
View ArticleFTSE 100 falls as Argentinian default unnerves investors
Calm start soon washed away by Argentina's problems, US interest rate concernsLeading shares seemed to belatedly decide an Argentinian default and a possible US interest rate rise, not to mention...
View ArticleFTSE 100 edges higher despite oil company fall, as Imperial Tobacco gains
Cigarette maker reports in-line results and lifts dividend despite challenging marketsDespite oil companies proving a drag on the market, leading shares are managing to make a little headway.Imperial...
View ArticleNigel Farage targets hedge funds as key to Ukip’s financial future
Party’s drive to woo City investors, shown in leaked internal 2012 report, saw Ukip outspend Labour for first time last MayNigel Farage, who has pledged to build a “people’s army” separate from vested...
View ArticleWhy Schroders' reshuffle looks like a triumph of chumminess
The fund manager’s chief has been elevated to chairman, a move that rightly raises concerns over governanceWell played, Michael Dobson, that was a terrific 14-year innings as chief executive of fund...
View ArticleSchroders criticised after chief switches to chairman role
Institute of Directors condemns succession plan, saying strong performance ‘no excuse for ignoring corporate governance rules’Schroders, one of the City’s oldest financial institutions, has come under...
View ArticleDobson's switch at Schroders: corporate governance, anyone?
A successful chief executive moves into the chairman’s office at a grand old City fund manager; continuity is not a convincing argumentWell played, Michael Dobson, that was a terrific 14-year innings...
View ArticleNational Grid leads utilities higher but Next and miners drag down FTSE
Markets hit by retail and commodity falls ahead of the long weekendIt has not exactly been a calm run-in to the Easter break.On the last trading day before the long weekend, shares are sharply lower...
View ArticleFTSE on track for biggest rise for five weeks, as Aberdeen climbs on bid talk
Asset management groups lifted by comments from Aberdeen chief executiveLeading shares have recovered much of the fall seen on Thursday, as worries about a possible US interest rate rise in June...
View ArticleFormer Schroders trader jailed for two years for insider trading
Damian Clarke had pleaded guilty to nine counts over nine years yielding more than £155,000 in profitsDamian Clarke, a former equities trader at Schroders Investment Management, has been sentenced to...
View ArticleSainsbury's £1bn reveal is unlikely to move the competition authority | Nils...
The supermarket’s merger with Asda would permanently reshape the UK grocery marketSainsbury’s pitch to the Competition and Markets Authority didn’t work the first time, so here comes chief executive...
View ArticleSchroders shareholders urged to rebel over CEO's £6m bonus
Adviser says re-election of chairman and appointment of Leonie Schroder should be blockedThe fund manager Schroders is at risk of a shareholder backlash after an influential advisory firm issued a...
View ArticleBarclays deposits a large dose of common sense at the Post Office
Bank’s unilateral exit from Post Office cash withdrawals was always a PR own goalBarclays U-turns on ban on Post Office withdrawals“At Barclays, stakeholder engagement is key to ensure responsible...
View ArticleSchroders is right to warn on executive pay. Now it can lead by example
As staff are laid off in the coronavirus crisis, the fund manager says bosses cannot carry on as normalMany chief executives have already worked out that their pay packets, and those of their senior...
View ArticlePwC and Schroders will allow staff to work from home after Covid crisis
Accountancy firm and the fund manager will ‘rethink the rulebook on flexibility’Coronavirus – latest updatesSee all our coronavirus coveragePricewaterhouseCoopers and Schroders are to allow the...
View ArticleRyanair's flight cuts are no surprise and signal an aviation nosedive
Decent test-and-trace systems at airports might help sector as Covid-19 cases rise in EuropeThat didn’t take long. A rise in Covid-19 cases in Europe has prompted Ryanair to cut flight capacity by 20%...
View ArticleDeloitte’s UK employees to decide ‘when, where and how they work’
Accounting firm embraces ultra-flexible working with staff able to choose if they come into the office at allDeloitte will allow its 20,000 UK employees to choose how often they come into the office,...
View ArticleSunak’s hospitality bailout is only enough for now, just
The £1bn support package merely plays catch-up with the current ‘stealth lockdown’. More may well be needed – and soonCoronavirus – latest updatesSee all our coronavirus coverageIt’s something. The...
View ArticleTesla shareholders are forgotten constituent in Elon Musk’s Twitter deal
Risks for EV company include sale of stock to fund takeover and spill-over political effectsElon Musk’s public description of how he plans to run the Twitter show could currently be transcribed in...
View ArticleUK asset managers warn of tough times as investors pull or divert cash
Firms such as Jupiter and Schroders suffer net outflows as inflation, economic uncertainty and Ukraine war weigh on investors Asset managers have said they are navigating tough investment conditions in...
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