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Rothschild Martin Maurel

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(Redirected from Martin Maurel) French private bank
Rothschild & Co Martin Maurel (Rothschild Martin Maurel)
FormerlyCompagnie Financiere Martin-Maurel SA
Company typeSubsidiary
IndustryFinancial services
Founded1825 (as Banque Martin Frères)
Headquarters29, Av. de Messine, Paris, France
Key peopleBernard Maurel
Lucie Maurel-Aubert
David René de Rothschild (director)
ProductsPrivate Banking
ParentRothschild & Co (2017–present)
Martin Maurel (1964–2017)
Banque Maurel (1929–1964)
Websitewww.rothschildandco.com

Rothschild Martin Maurel (formerly Banque Martin Maurel) is a French private bank headquartered in Paris, with a significant presence in France, Belgium, and Monaco. Its origins date back to 1825.

History

Martin Maurel Sella, a Monaco private banking subsidiary

Early history

The Banque Martin Maurel was established in 1964 as a result of a merger of Banque Martin Frères (founded in 1825) and Banque Maurel (founded in 1929) by Robert Maurel. At the time, the bank became a subsidiary of the holding company Compagnie Financière Martin Maurel Société Anonyme.

In 2000, Martin Maurel co-founded the Martin Maurel Sella Banque Privée – Monaco S.A.M. with the Italian Banca Sella Group which as of 2011 held over 1.8 billion Euros in assets. This is in addition to the existing Monaco operations, which have dated back to 1987.

Acquisition by Rothschild & Co

In June 2016, Rothschild & Co announced plans to acquire Banque Martin Maurel for €240 million ($270 million). At the time Martin Maurel had €10 billion of assets under management in France, most of which part of its private banking business. As a result, Rothschild Matin Maurel became leading independent private bank in France, with combined AUM of €34 billion.

By 2 January 2017, the merger between Banque Martin Maurel and Rothschild & Cie Banque was complete, creating Rothschild Martin Maurel.

Current Operations

The bank is headquartered at 29 Avenue de Messine in Paris; however, its main office is at another address in Marseille. The bank has branches in Paris, Marseille, Aix-en-Provence, Lyon, Brussels, Neuilly-sur-Seine, and Monaco.

It is a member of the Groupement Européen de Banques.

References

  1. ^ Banque Martin Maurel: History
  2. "Groupement Européen de Banques: Banque Martin Maurel". GEB E.E.I.G.
  3. ^ Company Overview of Banque Martin Maurel SA, Bloomberg Business
  4. Charles Gilbert, Les Maurel, L'Express, June 27, 2002
  5. ^ Anne de Guigné, La banque Martin-Maurel défend son identité, Le Figaro, April 14, 2011
  6. Bray, Chad (2016-06-06). "Rothschild & Company to Acquire Compagnie Financière Martin Maurel". The New York Times. ISSN 0362-4331. Retrieved 2019-05-20.
  7. Valentini, Fabio Benedetti (June 5, 2016). "Rothschild & Co. Buying Martin Maurel to Expand in France". Bloomberg. Retrieved 2019-05-20.
  8. "La fusion-absorption de Martin Maurel par Rothschild & Co est effective". Gomet. Retrieved 1 March 2024.
  9. Le trésor des Martin Maurel, Le Point, October 7, 2014
  10. "Banque Martin Maurel". Groupement Européen de Banques.

External links


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