ROTHSCHILD (EPA:ROTH) - Joint Press release - Rothschild & Co and Edmond de Rothschild announce the signing of an overall agreement

Transparency directive : regulatory news

29/06/2018 07:30

Press release
Paris, 29 June 2018

  Rothschild & Co and Edmond de Rothschild announce the signing of an overall
                                 agreement

In keeping with the family values, "Concordia, Industria and Integritas",
Rothschild & Co and Edmond de Rothschild have reached an agreement on the use
of their respective brands in order to continue growing their businesses and
their customers.

As part of this agreement, the Edmond de Rothschild Group will continue to
develop its business under the Edmond de Rothschild brand. The Rothschild & Co
Group will use the name Rothschild & Co, adopted as a company name since 2015.
Rothschild Martin Maurel will be used to identify the private banking and asset
management activities of Rothschild & Co from France, Belgium and Monaco.
Neither group may use the name Rothschild on its own in any form whatsoever in
the future.

The two groups have also agreed to work together to protect the family name in
the banking sector. They are thereby putting a definitive end to the litigation
between them, before the Tribunal de Grande Instance in Paris.

In addition, the two groups will unwind all of their cross-shareholdings.

For further information:

Edmond de Rothschild                      Rothschild & Co
Media Relations                           Investor Relations
Florence Gaubert                          Marie-Laure Becquart
Tel: + 33 6 25 28 11 51                   Tel: +33 1 40 74 65 26
     + 41 22 818 98 72                    Marie-laure.becquart@rothschild.com
f.gaubert@edr.com
                                          Media Relations
                                          Caroline Nico
                                          Tel: +33 1 40 74 43 44
                                          Caroline.nico@rothschild.com

Media Contact                             Media Contact
Portland                                  DGM
Alois Nuffer                              Olivier Labesse
Tel: + 44 7 432 729 041                   Tel: +33 1 40 70 11 89
Alois.nuffer@portland-communications.com  labesse@dgm-conseil.fr

About Edmond de Rothschild

Edmond de Rothschild is an ambitious, independent family-run investment house
which specialises in private banking and asset management based on the idea
that wealth should be used to create tomorrow's world. In all its activities,
the Group focuses on bold strategies and long-term investments which are rooted
in the real economy - infrastructure, healthcare, biotechnology and impact
investing. Founded in 1953, the Group has been managed since 2015 by Baroness
Ariane de Rothschild as President of the Executive Committee. The Group's Swiss
hub is spearheaded by Edmond de Rothschild (Suisse) S.A., a publicly traded
Swiss company. The Group has CHF 182 billion in assets under management, 2,600
employees and 27 sites worldwide as of 31 December 2017. It is also active in
corporate finance, private equity and fund administration.

About Rothschild & Co

With a team of c.3,500 talented financial services specialists on the ground in
over 40 countries across the world, our integrated global network of trusted
professionals provide in-depth market intelligence and effective long-term
solutions for our clients in Global Advisory, Private Wealth & Asset
Management, and Merchant Banking. Rothschild & Co is family-controlled and
independent and has been at the centre of the world's financial markets for
over 200 years.

Rothschild & Co is a French partnership limited by shares (société en
commandite par actions) listed on Euronext in Paris, Compartment A with a share
capital of EUR154,895,024. Paris trade and companies registry 302 519 228.
Registered office: 23 bis avenue de Messine, 75008 Paris, France.

ROTHSCHILD's latest news

10/10/2023 15:46

ROTHSCHILD (EPA:ROTH) - Joint Press release - Rothschild & Co and Edmond de Rothschild announce the signing of an overall agreement

Transparency directive : regulatory news

ROTHSCHILD's latest news

Other stories