Edmond de Rothschild is setting up a merchant banking business in London in a move by the Franco-Swiss private banking group to capitalise on the banking dynasty’s heritage of advising and financing entrepreneurs.
The group, chaired by the late Edmond’s son Baron Benjamin de Rothschild, is in the middle of hiring a team of senior advisers for a private merchant bank that is set to start operating this spring, people close to the situation said.
The unit will be led by Richard Briance, former chief executive and deputy chairman of Hawkpoint.
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