Rothschild
Company Information
About
The Rothschild Company
The
dramatic success of the five founding Rothschild brothers lay in
their closely synchronised business. Having set up banking operations
in Frankfurt, London, Paris, Vienna and Naples they bound themselves
by contract to clear, defined objectives and set about creating
the fastest and safest courier network in Europe by which they exchanged
encoded market information on a daily basis. It proved to be a winning
formula which soon positioned them as the best informed and most
internationally effective banking group in the world.
Couriers,
pigeon post, the telegraph, the telephone and e-mail: as each new
medium of communication came along it was quickly embraced by the
Rothschilds to maintain their advantage.
Today the belief in concerted action and shared direction, bringing
together offices and companies across the globe, remains at the
heart of the Rothschild approach.
The
Rothschild family can trace their first banking client to 1769.
By 1830, within a generation, the five Rothschild brothers who spread
out from their Frankfurt home were the most successful international
banking group of their age.
Their
rise to fame can be largely attributed to the commission from the
British government in 1814 to solve the problem of funding the Duke
of Wellingtons armies in Spain and France during the campaign
to defeat Napoleon. Using their growing, but already unrivalled,
network of agents throughout Europe, the brothers bought up small
quantities of gold coin and transported them secretly to Holland
where they were shipped to Wellington to provision the army.
The
lesson learned - of an innovative solution building upon carefully
nurtured relationships - is one which has served Rothschild and
its clients well in the two centuries which have followed.
Rothschild
Archive
New Court
St. Swithin's Lane
London
EC4P 4DU
|