Pathetic Financial Times column pretends US must dominate global asset management like it does banking.
Yet, surely competitive tension requires competition. Duh!
If UK antitrust regulators let this Schroders takeover take place, then they don’t know what they are for.
Force America’s BlackRock to divest/break up, while you are at it.
In our democracy, the people set the rules. Businesses who don’t want to obey them must leave or sell.
Competition regulators: Get a freaking backbone.
Represent the people of Britain, for a change.
Watch the BBC TV show about treacherous behavior and learn what treachery is.
Yes, London city is still too corrupt. That does not require complete capitulation.
Regulate it properly.
Plus the USA has overtaken on the corruption front, right? Including abuse via the USD.
Deep sigh.
Trump is a bully. I thought abusive British private schools (boarding schools?) showed the UK elite how to deal with bullies….or have you forgotten?
What am I missing? Mathew@carrzee.net
https://www.ft.com/content/86b8a9e2-14fb-4790-924c-aa8da8e72a89?shareType=nongift
————