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Schroders - Fear and loathing on Cheapside

Was he the wrong man for the job or was the task too tough? Eight months after the departure of Richard Broadbent as head of global corporate finance, Schroders is no nearer to finding its direction. With his abrasive style, Broadbent caused shockwaves at an old city firm run by consensus. But he also produced results especially in Europe. Ironically, he came unstuck when he took his individualistic approach to the US and lost a fight with long-standing American managers. The fall out from his departure is still continuing. Nick Kochan reports

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