“Rothschild Prepares for Changing of Guard”
https://www.nytimes.com/2003/02/11/business/rothschild-prepares-for-changing-of-guard.html
“While other investment banks have lost the individual flare of their founders, for the Rothschilds, banking is still a family business.
And so it seems natural that Sir Evelyn de Rothschild, 72, who runs the London house, known as N. M. Rothschild, is moving closer to the inevitable: handing control to his French cousin, Baron David de Rothschild, 60, who currently runs the French house, Rothschild & Compagnie Banque, people close to the bank said today.”
“The move has been expected for years, though the official change of control may not happen for another six months to a year, as family members negotiate a structure that would allow for the transfer of assets among the holding companies – chiefly Rothschild Continuation Holdings of Switzerland – that control the branches in London, Paris and New York, these people said. One person close to the bank said no structure had yet been formalized. The Financial Times reported today on the change of control.”