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JPMorgan Chase acquired Cazenove from Schroders, while Schroders ended its joint venture with Lloyds Banking Group and underwent restructuring overseen by Richard Oldfield.

2 reports, 2 independent Updated Sep 22
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What happened

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JPMorgan Chase acquired Cazenove from Schroders, while Schroders ended its joint venture with Lloyds Banking Group and underwent restructuring overseen by Richard Oldfield.

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  1. Schroders announces takeover of Nuveen LLC.1 source
  2. Schroders executes strategic pivots including an acquisition by JPMorgan Chase and the end of a joint venture with Lloyds Banking Group.1 source

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