Rothschild Bank AG, Zurich
Rothschild Bank AG
Members of the British and French Rothschild families set up the bank in Zurich (Switzerland) in 1968. Since then, it has grown into an international private banking group with offices in nine major cities around the world, serving a varied international clientele. The same proud banking heritage, innovative financial skills and highly personalised services that distinguish Rothschild's activities throughout the world form the basis of the Zurich Bank's ability to help clients achieve their goals.
Rothschild, prominent family of European bankers. The first important member was Mayer Amschel Rothschild (1743-1812), son of a money changer in the Jewish ghetto of Frankfurt, Germany. It was he who laid the foundation of the family fortune by his skillful operations as financial agent for the landgrave of Hesse-Kassel (later Elector William I). His five sons founded banking houses, in Frankfurt, London, Paris, Vienna and Naples. They achieved renown as the most important - and most successful - bankers in the world.
The rise of the Nazis forced the family to give up its Viennese branch in 1938 and some family members fled to the United States during World War II. The Rothschilds remain involved in international investment banking, especially in London and Paris, and in 2003 the British and French branches were consolidated into a single holding company. Rothschild family members have traditionally maintained their Jewish faith and have consistently engaged in large-scale philanthropic activities for both Jews and non-Jews.
The Rothschild banking group has offices in more than 30 countries and employs more than 2000 people around the world.