Rothschilds Bring In an Outsider to Run the Show
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Rothschilds Bring In an Outsider to Run the ShowRothschilds Bring In an Outsider to Run the ShowMore than 200 years ago a German banker, Mayer Amschel Rothschild, sent #xhis five a href="http://www.qd-orient.com/xmas-wreath-15242.html">xmas wreathsons to different European cities to guarantee the survival of what became one of the most prominent banking dynasties.This month, his great-great-great-grandson David de Rothschild, a baron, took an equally unusual step to ensure the future of the family-owned firm: For the first time, he passed some responsibilities of running Rothschild to someone outside the family.Rumors were ripe for some years in the banking industry about whom Baron David, 67, would appoint as his successor to run the group of financial advisory and wealth management companies. The Rothschild family is not short of younger family members, but only the baron’s 29-year old son, Alexandre, is currently working at the a href="http://www.qd-orient.com/xmas-wreath-15242.html">xmas wreathfirm and considered by himself and the family as too young to take over from his father.Baron David said he felt it was time to rethink the bank’s management structure, especially because he wanted to focus more on clients and less on managing the firm’s 950 bankers, who are known for their free-wheeling, entrepreneurial spirit and tenacious relationship-building skills — even wining and dining clients at the family’s vineyards, like Chateau Lafite in the Bordeaux region of France.As a result, Baron David appointed one of them,Compact fluorescent lamp, Nigel Higgins, a 27-year Rothschild veteran in London and co-head of its investment banking unit, to become chief executive. The baron retained some control over the family empire by remaining executive chairman. It is the first time in the firm’s a href="http://www.qd-orient.com/xmas-wreath-15242.html">xmas wreathhistory #xthat those roles have been split.相关的主题文章：
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