Rothschild heir takes reins of banking dynasty

[Muhammed45]

Rothschild heir takes reins of banking dynasty
Published time: 17 Apr, 2018 15:02
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Alexandre De Rothschild at the the Longines Masters Series, Paris © Panoramic / Global Look Press

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Probably the most well-known European banking dynasty has announced the appointment of a new chairman of its family investment bank, according to a statement published on Tuesday.
Alexandre de Rothschild, 37, was picked to replace his 75-year-old father, David de Rothschild, as the bank’s top executive. The successor will become the seventh generation of the dynasty to take charge of the Franco-British investment bank, which was founded in 1838.

According to the group, David de Rothschild will step down, allowing his son to take his place, on May 17. Rothschild senior will join Rothschild & Co's Supervisory Board.

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“This change in leadership at Rothschild & Co has been carefully prepared over time. Alexandre, with 15 years of experience, has demonstrated deep knowledge of all our businesses and his ability to build relationships,” he said.

“I believe that those who make our firm so successful are as delighted as I am about the family continuity at the head of the firm.”

Alexandre, who currently serves as an executive deputy chairman at Rothschild, first joined the lender during the financial crisis in 2008, shifting from private equity firm Argan Capital. Before that, he briefly worked for Bear Stearns, a New York lender that collapsed during the crisis.

“I look forward with great enthusiasm to working with this team to continue the firm's development in the direction so clearly established by my father,” he said, commenting on the appointment.

Last month, Rothschild reported higher annual profit and revenues, buoyed by its advisory work. The group reportedly had a half-year revenue of €852 million. The firm employs roughly 2,800 people in 40 countries, according to its website.

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[Muhammed45]

https://www.rt.com/business/424399-rothschild-announce-new-boss-appointment/

@Azadkashmir bro, it can be interesting for you.

 

[Mr ambassador]

countries who have better diplomatic relation with Israel has stronger currency.


Take an example of landlocked countries of central Asia.

I can't understand what's the logic of illumanti economy.

 

[war&peace]

I hope the scumbags kill each other through poisoning.

 

[PeaceGen]

countries who have better diplomatic relation with Israel has stronger currency.


Take an example of landlocked countries of central Asia.

I can't understand what's the logic of illumanti economy.

global stability through strength and assertiveness, probably.
combined with an elitist power structure, which i don't agree with.

 

[Mr ambassador]

global stability through strength and assertiveness, probably.
combined with an elitist power structure, which i don't agree with.

Do you Switzerland is a landlocked country with highest GDP and stronger currency... Even though it has not any major source of income .




There many such countries with rich natural resources where people do hard work just to eat two times.

E.g Indonesia ,Iran and many states are victim of illumanti economy system.

 

[PeaceGen]

Do you Switzerland is a landlocked country with highest GDP and stronger currency... Even though it has not any major source of income .




There many such countries with rich natural resources where people do hard work just to eat two times.

E.g Indonesia ,Iran and many states are victim of illumanti economy system.

or they are the victim of local greedy folks. or both.