Schroders names Matthew Westerman chair ahead of Nuveen sale
The appointment precedes the British money manager’s £9.9 billion ($13.3 billion) sale to U.S. rival Nuveen, Reuters reports.
TLDR
Schroders has named veteran former banker Matthew Westerman as its new chair, Reuters reports, citing the company. The appointment comes ahead of the closing of its £9.9 billion ($13.3 billion) sale to U.S. rival Nuveen.
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