The Swiss and French branches are leveraging the family name in a bid to control the global wealth-management market
The Rothschild family’s Swiss and French branches are battling for dominance in the wealth management industry, which is causing tension and sparking speculation of a merger that would significantly impact the global financial landscape, Bloomberg wrote this week.
The Swiss private bank, Edmond de Rothschild Group, and the smaller French lender, Rothschild & Co., are the only remaining banks with links to the family whose name has been a synonym for wealth and power for more than two centuries.
The Rothschild family emerged from the Jewish ghetto in Frankfurt in the 19th century to become one of the world’s richest and most powerful financial dynasties that bankrolled wars and empires, and helped shape Europe’s economic and political history. ......more below
https://www.rt.com/business/592880-rothschild-family-banks-switzerland-france/