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-CORRECTION: Edmond de Rothschild to start operations in London.

Global Banking News-February 19, 2013--CORRECTION: Edmond de Rothschild to start operations in London(C)2013 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 19 February 2013

[The above article dated 19 February, 2013 should headline 'Edmond de Rothschild to establish merchant banking services in London' to distinguish these new activities from Edmond de Rothschild's existing London business.]

Private banking group, Edmond de Rothschild, is set to open a merchant banking office in London and is currently on the lookout for a team of senior advisors to manage the operations, a Financial Times report has stated.

The former Hawkpoint chief executive, Richard Briance, has been appointed by the company to head the unit.

The newly set up merchant banking business in London will be named Edmond de Rothschild Private Merchant Banking. There are plans to collaborate with Lord Jacob Rothschild's RIT Capital Partners in the operation of the new unit, according to Reuters.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Geographic Code:4EUUK
Date:Feb 19, 2013
Words:174
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