For the first time, Rothschild & Co Bank was booked revenues in Switzerland that on par with those in the UK. Further growth is planned with the planned hiring of more relationship managers.
Swiss-based Rothschild & Co Bank is seeing large numbers of applications by advisors with impeccable portfolios, CEO Laurent Gagnebin says in an interview with finews.com. How does it go about choosing?
Rothschild & Co Bank reports a first-half profit drop, while client assets under management shrank, research by finews.com shows. Still, the private bank sees itself well equipped to master difficult times through subsidiaries abroad and its Swiss business.
With the acquisition of the Geneva-based financial boutique Pâris Bertrand, Zurich-based Rothschild Bank has significantly increased its dimensions in the past year. In view of the current situation, however, the discreet institution warns against excessive exuberance.