Rothschild has set up a partnership for 48 of its most senior bankers as part of the strategy to unite its French and British branches.
The move united the bank’s French arm Rothschild & Cie Banque with its global unit Rothschilds Continuation Holdings – which includes the UK’s NM Rothschild & Sons – into its listed holding company Paris Orleans.
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The new partnership will include Robert Leitão, the bank’s most senior mergers and acquisitions banker in London, and Olivier Pécoux, head of its global financial advisory arm.
The membership of the international partnership will come with no voting rights – which are held by the Rothschild family – it will allow for enhanced remuneration, The Telegraph reported.
Rothschild declined to comment on the partnership.
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