Edmond de Rothschild Group

Edmond de Rothschild Group
Industry Financial services
Founder Edmond de Rothschild (1926-1997)
Headquarters Geneva
Website www.edmond-de-rothschild.com

Formerly named the LCF Rothschild Group, the Edmond de Rothschild Group is a private Swiss banking group. It was established by Baron Edmond de Rothschild (1926-1997), of the non-winemaking branch of the French Rothschild family, in 1953.[1] Since 1997, the group has been managed by the late Baron's son, Benjamin de Rothschild. It describes itself as an independent, traditional, family-owned business, based in Paris, Geneva and Luxembourg.[2]

Structure

LCF Holding Benjamin and Edmond de Rothschild S.A. is the principal holding of the financial group controlled by Benjamin de Rothschild. Other holdings include:

• 77% of the Banque privée Edmond de Rothschild, parent of the Swiss group. The shares are listed in the Swiss Stock Market.

• 97% of the Compagnie Financière Saint-Honoré, head holding of the French group, which owns the Compagnie Financière Edmond de Rothschild, a French private bank.

The LCF group also contains the Compagnie Benjamin de Rothschild, set up in 1989 in Geneva by Benjamin de Rothschild, which offers leading edge services in managing financial risks. The group is present in 17 countries and has more than 30 offices worldwide, reportedly financing €100bn of assets in 2008.

Activities

Edmond de Rothschild group plays a part in the following sectors:

The Lifestyle - French “Art de vivre”

Under the direction of Baron Benjamin de Rothschild and his wife Ariane de Rothschild, the group has developed some investments in viniculture, luxury hotels, and other aspects of fine living. The LCF Rothschild group has invested into wine, notably with Château Clarke and Château des Laurets, in the heart of Médoc, in South of Africa with the Rupert family and also in Argentina. The group owns the Domaine du Mont d’Arbois Palace in the French Alpine resort of Megève, which was created by Baronne Noémie de Rothschild in 1921.

Foundations list

relating to human health, notably in the field of ophthalmology

The tradition and guiding principles of the LCF Rothschild group foundations as handed down from generation to generation have rested on an absolute commitment to solidarity, social responsibility and the advancement of knowledge. The support of education is the first and foremost aim of the groups’ foundations.

External links

>Finance

>Non-finance

Foundation

References

  1. New York Times, 04/11/1997
  2. The Edmond de Rothschild Group: a benchmark in the financial sphere