Baron David de Rothschild, the head of the Rothschild bank. The Rothschilds have helped the British government since financing Wellington’s army to fight the French in 1815.

“We provide advice on both sides of the balance sheet, and we do it globally. There is no debate that Rothschild is a Jewish family, but we are proud to be in this region. However, it takes time to develop a global footprint.“

Banks will deleverage and there will be a new form of global governance.

UAE National | Nov 6, 2008

The first barons of banking

By Rupert Wright

Among the captains of industry, spin doctors and financial advisers accompanying British prime minister Gordon Brown on his fund-raising visit to the Gulf this week, one name was surprisingly absent. This may have had something to do with the fact that the tour kicked off in Saudi Arabia. But by the time the group reached Qatar, Baron David de Rothschild was there, too, and he was also in Dubai and Abu Dhabi.

Although his office denies that he was part of the official party, it is probably no coincidence that he happened to be in the same part of the world at the right time. That is how the Rothschilds have worked for centuries: quietly, without fuss, behind the scenes.

“We have had 250 years or so of family involvement in the finance business,” says Baron Rothschild. “We provide advice on both sides of the balance sheet, and we do it globally.”

Full story

Tags: Global Governance, Rothschilds

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