Rothschild In the U.S.

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dealmaker

Rothschild In the U.S.

Alexandre de Rothschild, who will become the next chairman of the family's bank, plans to push hard into the U.S. He told the Financial Times that, while Rothschild currently only has a relatively small New York office, he wants to expand there in order to diversify the bank's core Franco-British advisory business. "In the past we've probably made some casting mistakes in the U.S. and in our culture it takes a little bit longer to correct those," he said. FT
 
Rothschild Shift

The de Rothschild family is to take the Edmond de Rothschild bank private, with each share netting its owner around $17,800 in cash. The Swiss group's banking unit had client assets of 128 billion francs ($127.3 billion) last year. The Edmond de Rothschild Group will become the bank's operative holding company. Reuters
 
Jacob was very loyal to UK. The focus stayed in London. Now...a completely new direction toward USA. Brexit effects. UK prolly made a big mistake economically with Brexit. The privatization allows them to move the headquarters and the Corp address. They will prolly re-list eventually with a USA base of operations. The swiss banking sector also in a turbulent state of affairs. London and Zurich had some of the best trading desks in the world.
 
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