Newsroom

Robust underlying business performance

Rothschild & Co announces that the half year financial Report for the first half (i.e. 1 January to 30 June 2020) of its financial year ending on 31 December 2020 has been made available to the public and filed with the French Financial Markets Authority (Autorité des Marchés Financiers).

Henrik Herr will join Rothschild & Co as chief executive of its Frankfurt based wealth management business, Rothschild & Co Vermögensverwaltung GmbH in Germany, effective 1 September 2020.

Following the announcement by the Autorité de contrôle prudentiel et de résolution (ACPR) on 28 July, relating to the extension until 1 January 2021 of the recommendation that dividend payments by financial institutions should not be made, the Managing Partner has decided that no dividend will be distributed to shareholders during the 2020 financial year.

Rothschild & Co today announced that Colin Cropper has joined its Global Advisory business in North America as a Managing Director.

Subsequent to the last Annual General Meeting, Angelika Gifford has resigned from the Supervisory Board of Rothschild & Co due to other work commitments and has been replaced by Véronique Weill.

Very strong start to 2020 impacted by COVID-19 in March

Given the coronavirus epidemic (COVID-19) and consequent restrictions on movement and containment measures imposed by the French Government, the Managing Partner has reviewed, for the safety of the shareholders, the usual arrangements for the Annual General Meeting (AGM)