Compagnie Financière Edmond de Rothschild

Compagnie Financière Edmond de Rothschild S.A.
Industry Financial service
Founded 1953
Founder Edmond Adolphe de Rothschild
Headquarters Paris, France
Key people
Benjamin de Rothschild, Chairman
René de La Serre, Deputy Chairman
Products Private banking
Asset management
Profit € 57,707 thousand (2010)
AUM €37.7 billion (2010)
Total assets € 2500.9 million (2010)
Number of employees
959 (2010)
Parent Edmond de Rothschild Group
Website www.edmond-de-rothschild.fr

La Compagnie Financière Edmond de Rothschild Banque is an independent and family private bank in France. Established by Edmond Adolphe de Rothschild in 1953, it has been directed since 1999 by his son, Benjamin de Rothschild. It is a part of Edmond de Rothschild Group.

Key figures

As of the end of 2010, Compagnie Financière Edmond de Rothschild reported a net profit of €57,707 thousand and total assets under management of €37.7 billion.

Activities

La Compagnie Financière Edmond de Rothschild offers a tailored service focused on protecting and growing assets over time. The company participates in the following ones:

• Financial planning

• Advisory services for mid-size family-owned companies

• Open architecture management

• Life insurance

• Family Office

• Fund Management

Recently, the bank has been in talks on buying a minority stake in a Chinese fund management company.[1]

In Edmond de Rothschild Group, private bank in France is operated by La Compagnie Financière Edmond de Rothschild, and private banks in other countries is mainly operated by Banque privée Edmond de Rothschild Group including its subsidiaries.

Structure

La Compagnie Financière Edmond de Rothschild is the French banking subsidiary of Edmond de Rothschild Group, and is owned by Compagnie Financière Saint-Honoré, a holding company belonging to Baron Benjamin de Rothschild. The bank’s other shareholders include Caisse des Dépôt et Placement du Québec, which holds a 10% ownership interest.

Gouvernance

The board of directors is chaired by Benjamin de Rothschild. They also take part of the board : René de La Serre, Ariane de Rothschild, Véronique Morali, John Alexander, Jean Dumoulin, Carlo De Benedetti, Claude Janssen, Claude Messulam, Daniel Trèves, François Boudreault.

The executive committee is composed of the CEO Michel Cicurel, Guy Grymberg, Marc Samuel, Patrice Dordet, Jean Laurent-Bellue.

External links

References

  1. http://www.reuters.com/article/mergersNews/idUSSHA31900820070411