Rothschild & Co: 2018 – 1st quarter release
First quarter marked by a good start in Private Wealth & Asset Management and Merchant Banking but lower advisory activity
- Rothschild Global Advisory: revenue down 20% to €262 million (Q1 2017: €328 million, our record Q1) but only down 6% on a 12 months rolling basis to March 2018. Pipeline remains strong
- Rothschild Private Wealth & Asset Management: revenue up 2% to €131 million (Q1 2017: €128 million)
- Rothschild Merchant Banking: revenue up 29% to €25 million (Q1 2017: €19 million) and 43% when compared to the average first quarter revenue for the previous three years
- First quarter revenue for 2018 was negatively impacted by currency translation effects of €22 million
Download the press release (PDF 234 KB)