Richard Boath

Richard Boath seems to have lots of friends and no enemies. He is also seen to be a very creative banker. Some say that when he left Salomon Brother’s London office (along with 10 others) in the spring of 1999, he set off a chain of events that eventually led to his old firm buying Schroders. “When he left,” recalls a former colleague, “lights started flashing in New York.”

One of the reasons that Boath left Salomon was his frustration at the restrictions on the development of its investment banking.