Rothschild sets up partnership to unite British and French units

Rothschild, the 202-year-old investment bank, has set up a partnership for 48 of its most senior bankers as the final step of a drawn-out process to unite its French and British branches.

The Daily Telegraph reports that although membership of the international partnership will come with no voting rights – which are held by the Rothschild family – it will allow for enhanced remuneration.

London-based bankers within the partnership are believed to include Robert Leitão, the bank’s most senior M&A banker in London, and Olivier Pécoux, head of its global financial advisory arm.

Work on the partnership began last April, but no details have emerged until now. It follows a move in April 2012 to unite the French and the British parts of the bank. Rothschild & Cie Banque and Rothschild Continuation Holdings were combined under Rothschild Group, which is owned by Paris Orléans et Cie, France.

To access the complete Daily Telegraph article hit the link below:

Rothschild bankers made partners

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image: © Neil Willsey

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