Industry | Financial services |
---|---|
Founded | 1953 |
Founder | Edmond Adolphe de Rothschild (1926-1997) |
Headquarters | Geneva |
Key people
|
Benjamin de Rothschild Ariane de Rothschild |
Subsidiaries | Banque Privée Edmond de Rothschild Compagnie Financière Edmond de Rothschild |
Website | www.edmond-de-rothschild.com |
The Edmond de Rothschild Group is an international, family-owned and independent financial group, specialised in private banking, asset management, private equity, corporate finance and funds administration.
In 1953, Edmond de Rothschild set up the Compagnie Financière Edmond de Rothschild in Paris. This laid the groundwork for the international group through the acquisition of the Geneva-based private banking practice in 1965 and the opening of a branch in Luxembourg three years later.
In 1989, his 23-year-old son, Benjamin de Rothschild, founded the Compagnie de Trésorerie to offer advanced financial risk management services. Following the death of his father in 1997, Benjamin de Rothschild became president of the Group.
Ariane de Rothschild, his wife, was appointed vice-president of the Group in 2009, and was nominated chief executive of Group in January 2015.
In 2010, the LCF Rothschild (La Compagnie financière) group changed its name to Edmond de Rothschild as a tribute to its founder. According to Benjamin de Rothschild, "the Edmond de Rothschild group gathered all its banking and non-banking activities under the new heading to clarify and strengthen the Group's identity".
Edmond de Rothschild Holding S.A., the parent holding of the financial group controlled by Benjamin de Rothschild, holds:
As of 30 June 2015, the Edmond de Rothschild Group employs 2700 people, is present in 33 countries and operates through 6 international management groups (Frankfurt, Geneva, Hong Kong, Luxembourg, Paris) with CHF 163bn managed assets (€150bn), 47% of which comes from the Private Banking business and 53% from Asset Management.
The Group's core business, private banking, offers a wide range of bespoke solutions aimed at private clients and entrepreneurs.
Asset Management is the second strategic pillar of Edmond de Rothschild Group's activities. Financial services are offered through management mandates available in 14 countries.
In parallel to asset management, the Group provides a diverse set of high-value added services in funds administration and asset servicing (funds structuring, management operations, central administration, custodian banking, domiciliation, private equity and real estate).
Corporate finance is a historical activity of the Group, supporting shareholders in their day-to-day portfolio management (mergers & acquisitions, high value operations, financial engineering, and strategic counsel in real estate).
In 2015, the Group invested in more than EUR 3,5bn in socially responsible investments. These investments included investment funds for biotechnologies, decontamination, agroforestry and Africa.