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Schroders-Lloyds wealth joint venture announces management team [Reuters (UK)]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Reuters
Schroders-Lloyds wealth joint venture announces management team | Reuters 1 Min Read LONDON (Reuters) - Schroders Personal Wealth, a planned joint venture between asset manager Schroders and Lloyds Banking Group, announced its management team on Tuesday. Schroders and Lloyds said they were teaming up on the project in October last year, and at the time said it would be led by Schroders’ co-head of intermediary, James Rainbow. Among other top appointments announced on Tuesday, Nick Allen will take on the role of chief operating officer and Marcus Brookes that of chief investment officer, subject to regulatory approval, it said in a statement. “We are making great progress on designing a leading financial planning offering backed by Lloyds Banking Group’s and Schroders’ expertise,” Rainbow said. Reporting by Simon Jessop; Editing by Rachel Armstrong All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserv Show less Read more
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