Inactive Instrument

Rothschild & Co

Equities

ROTH

FR0000031684

Diversified Investment Services

Rothschild & Co: opening of a new office in Riyadh

February 19, 2024 at 09:37 am EST

Rothschild & Co announces the opening of its new office in Riyadh, located in King Abdullah's financial district, as part of its strategic expansion in Saudi Arabia, strengthening its presence in the Middle East.

The new office will enable the firm to provide a full range of advisory services, including mergers and acquisitions, debt advisory and restructuring, and equity market solutions.

The new Riyadh office will be headed by Nasser Al Issa, Head of Saudi Arabia, along with a team of expert bankers 'bringing a wealth of experience and knowledge to the region'.

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Company Profile

Rothschild & Co is the parent company of Rothschild Group which operates in Financial advisory, Wealth and Asset Management and Merchant Banking activities. Net banking revenues break down by activity as follows: - financial advisory (62%): advisory services in mergers and acquisitions, strategy and financing (restructuring, private debt and capital markets); - private banking and asset management (23.6%): EUR 101.6 billion in assets under management at the end of 2022; - private equity and private debt fund management (13.7%): EUR 22.9 billion in assets under management; - other (0.7%). The geographical distribution of net banking revenues is as follows: France (25.9%), the United Kingdom and Channel Islands (28.7%), Luxembourg (9.4%), Switzerland (6.1%), Europe (13%), the United States (10.8%), Asia and Australia (3.1%) and other (3%).

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Diversified Investment Services

Calendar

2024-05-06 - Q1 2024 Earnings Release (Projected)

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Diversified Investment Services