Schroder Family Facing Defining Moment for City Dynasty (Repeat)

(This story was originally published on July 7, 2025. On Feb. 12, 2026, it was announced that Nuveen is buying Schroders in a £9.9 billion ($13.5 billion) deal. Prices and other data in the story reflect the situation as of July 7.)

Bruno Schroder may have conceded defeat to the barons of Wall Street when he sold his family’s investment bank back in 2000. But he was always adamant he’d never do the same for its cherished asset manager.

Now, as the next generation of relatives holds sway over the famous old City of London institution that still bears his ...