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
January 01, 2000