On Monday one of Europe’s largest independent private banks was formed by a merger between Rothschild & Co and Compagnie Financiere Martin Maurel, a venerable French asset manager.
The merger created a French-based private bank with combined assets under management of about EUR34 billion ($38.5 billion). The new group will called be ‘Rothschild Martin Maurel’.
Close Brothers Asset Management has acquired chartered financial planning firm Eos Wealth Management...