A 222-year-old U.K. firm to fall into American hands as Nuveen to buy Schroders for $14 billion

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A venerable City of London institution is being snapped up by a U.S. asset manager in a nearly $14 billion deal that comes amid growing fears that AI will severely disrupt the finance sector.

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A 222-year-old U.K. firm to fall into American hands as Nuveen to buy Schroders for $14 billion

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