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    City stalwart Schroders to be sold to US rival in £9.9bn deal

    Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per […]

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    By MDYEASINARAFATSHUVA
    February 12, 2026February 12, 2026

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