Schroders and Lloyd's Wealth Arms Confirm Joint-Venture Talks

The joint venture is expected to be a tie up between the asset manager and the wealth-management business.

London financial district

Schroders and Lloyd’s Banking Group have confirmed they are in talks to form a wealth-management alliance. 

First reported by Sky News, the firms have outlined intentions to forge greater ties by moving the bank’s £13 billion ($17 billion) wealth-management arm into the joint venture. According to reports, Lloyd’s would use the merger to harness Schroders’ technology and investment-management capabilities, and in turn, enable the asset manager to benefit from Lloyd’s distribution network.

Weal

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: