Is the sale of Schroders really so bad for the City?
iShares’ sale to BlackRock holds lessons for the UK
iShares’ sale to BlackRock holds lessons for the UK

History might be repeating itself after the sale of investment banks to bigger US rivals

Richard Oldfield reassured government before sale of centuries-old institution to US investment firm

Asset manager is ending its listed life with a whimper rather than a bang

Along with SG Warburg, the asset manager played a pivotal role in London’s financial growth

Deal would end independence of one of City of London’s most historic names

The sale of the UK’s largest independent asset manager comes after the death of a patriarch and the rise of giant US funds