In July 1871 the firm underwent reorganisation, in the course of which a Bookkeeping Department was created. Richard Roberts in 'Schroders: Merchants and Bankers' (1992) writes that the department "overseen by the bookkeeper [...] looked after client balances and advances, and the journal and cash book. Hitherto the accounts had been organised alphabetically by client, but henceforth they were divided on a geographical basis so that clerks became expert on the firm's clients and activities in particular parts of the world." (p.85).
From 1922 external firms of chartered accountants are involved in the preparation of these accounts: firms include Spicer and Pegler & Co. (1922 to 1929), A.F. Saunders & Co. (1938 to 1943), Allen, Baldry, Holman and Best (1941 to 1957), Cooper Brothers & Co. (1957 to 1963)
The 'corporate finance' division undertook J. Henry Schröder & Co.'s issuing and advisory work for corporate clients in the years after the second world war. In the absence of any earlier surviving arrangement, this term has been extended retrospectively to encompass issuing and financing activities undertaken for corporate clients and public bodies before the war. Some files now placed within this artificial arrangement may have originally been created by the 'issues, coupons and registration' department, leading to some instances of duplication.
In 1908 the government of Chile passed legislation to connect up the fragmented railway system north of Santiago: the Ferrocarril Longitudinal del Norte was to run from Cabildo to Arica in the far north of the country. In 1910 contracts were awarded to the Howard Syndicate to carry out the necessary works between Cabildo and Copiapo, and to the Chilian Longitudinal Railway Construction Company for the section between Copiapo and Arica. Both companies were based in London. The Howard Syndicate, headed by Howard de Walden, contracted Griffiths & Co. as the construction engineers in 1910, and in 1911 appointed the Société de Travaux Publics au Chili, based in France, to oversee general construction. The work was completed in 1913, but under the terms of the contract with the Chilean government the Syndicate found it impossible to run the railway without making a loss. The government took over running the railway in December 1914. The Syndicate maintained that the government had withheld some final payments, but political unrest in Chile delayed official recognition of the debt until 1928. By 1929 the Howard Syndicate was in voluntary liquidation and the debt was taken up by the South American Assets Realisation Co., a company set up in Canada in 1928 to hold securities in Chilean government debt.
J. Henry Schröder & Co. was a major shareholder in the Howard Syndicate, and subsequently in the Société de Travaux Publics au Chili. Albert Pam, of J. Henry Schröder & Co., was a director of the Howard Syndicate and actively involved in its management. The firm acted as a trustee for the company, and provided other banking facilities.
In January 1960 J. Henry Schroder & Co. and Pressed Steel formed Prestcold Finance Ltd to provide hire-purchase finance to buyers of commercial refrigerators manufactured by Pressed Steel. In August 1965 J. Henry Schroder Wagg acquired the whole of the Prestcold equity and in 1966 the name was changed to Schroder Finance Ltd. In 1977 it was renamed Schroder Leasing.