Rockefeller and Rothschild Dynasties Join Forces
2012-07-02 0:00

By Mark Scott | NYTimes.com



Two of the world’s best-known banking families are combining forces after RIT Capital Partners, the investment trust led by Jacob Rothschild, said on Wednesday that it was buying a minority stake in the investment and wealth management firm Rockefeller Financial Services.

Under the terms of the deal, RIT Capital will buy a 37 percent stake in Rockefeller Financial Services, a firm founded in 1882 that now handles about $34 billion in client assets.

The price was not disclosed. RIT Capital said it would acquire the stake in the firm from Société Générale Private Banking of France.

RIT Capital and Rockefeller Financial Services said that they would collaborate on investment opportunities and other areas of shared expertise. The transaction will also give RIT Capital, which is based in London, a presence in the United States. The deal is expected to close by the end of September.

“We are delighted at the prospect of bringing together these two entities in a long-term partnership,” Mr. Rothschild, chairman of RIT Capital, said. “The creation of this partnership with the Rockefeller family is truly historic.”

The deal between the two well-known banking families comes after RIT Capital, whose assets total £1.9 billion, or $3 billion, announced a partnership in March with the Edmond de Rothschild Group, an international private banking and asset management group led Benjamin de Rothschild.

The Rothschilds, whose banking dynasty dates to the 18th century and operates across a number of European countries, are also consolidating their French and British operations.

In a deal announced on April 5, Paris Orléans, the Rothschild Group’s holding company, said it was buying minority stakes in its subsidiaries, including N. M. Rothschild & Sons, the investment bank based in London, and the group’s French asset management business.


Article from: nytimes.com









Video from: YouTube.com



Video from: YouTube.com







Related Articles
Webster Tarpley: The Elite’s Plan for Global Extermination
Leopold de Rothschild Dies
A Rothschild Speaks - Listen Closely
Lord Rothschild: My manor from heaven
The House of Rothschild - Money’s Prophets & The World’s Banker
Rothschild Zionism: David Icke Discusses The Subject Of Zionism
Rockefeller Foundation Predicts 13,000 Dead at London 2012 Olympics
Jay Rockefeller Roasting Pat Buchanan - Joking about World Control
Bilderberg 2011: The Rockefeller World Order and the "High Priests of Globalization"
David Rockefeller Speaks About Population Control
Food and Depopulation: Rockefeller Family


Latest News from our Front Page

Pressure from the United Patriots Front Stops Mosque Plan
2016-04-28 20:10
Pressure from the United Patriots Front appears to have killed off a mosque development in Narre Warren North. The City of Casey council now looks likely to withhold planning approval for the development in a special meeting set for Tuesday night. A council report, to be considered by councillors on Tuesday, recommends that the approval be blocked. The mosque opponents’ cause has been helped by councillor ...
Police face questions over the influence of the Freemasons
2016-04-28 20:48
South Yorkshire Police today face questions over whether powerful 'secret society' the Freemasons held sway over the force at the time of Hillsborough. Families of victims say that officers who were Masons were promoted into powerful positions despite being ill-equipped, including match commander David Duckenfield. Duckenfield told the fresh inquests he had been a Freemason since 1975 and became head of his ...
England Bans its Own Flag to Avoid Offending Muslims
2016-04-27 2:23
St. George's Cross "racist" towards immigrants Government officials said their city was ‘too multicultural’ to celebrate St George’s Day, England’s version of the 4th of July. The council said that displaying the English flag may have been seen as “racist” towards immigrants.
Half of Western European men descended from one Bronze Age ‘king’
2016-04-27 2:09
Half of Western European men are descended from one Bronze Age ‘king’ who sired a dynasty of elite nobles which spread throughout Europe, a new study has shown. The monarch, who lived around 4,000 years ago, is likely to have been one of the earliest chieftains to take power in the continent. He was part of a new order which emerged in ...
"Local Residents" Are Filmed Stealing Dozens of Bottles of Water at London Marathon Stop
2016-04-25 23:10
Editor's Comment: "Local" residents? Why bother blurring their faces? We know who they are. ... London marathon runners were robbed of dozens of bottled waters when thieves raided a refreshment area armed with trolleys during today's race. Nearby residents - including parents with children - were captured on camera piling up crates of free water handed out by volunteers during the 26-mile event. Marathon ...
More News »