Word: rothschild
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Seeking a Comeback. I.O.S. now needs two things: cash and the confidence of investors. Other groups, including rival foreign-based funds, have been dickering to gain control of I.O.S. and provide just that. Last week, in the Paris headquarters of the French Rothschilds, Guy de Rothschild chaired a secret meeting of European and U.S. bankers to hammer out a proposal for taking over I.O.S. Rothschild's interest was more than the noblesse oblige of a patrician banker. His Banque Rothschild was an underwriter of I.O.S.'s $54 million stock issue last fall, and the Rothschild reputation for astuteness...
Prestige Needed. Until King moved in, the French and British members of the Rothschild banking family were interested in forming a team to take control. But the Rothschilds made it clear that they had no desire to get into an I.O.S. dominated by King. To restore European investor confidence in I.O.S., the company urgently needs to get some old-line European bankers into the rescue operation-and Cornfeld knows it. At first, he and his top associates agreed to place their 37% stock interest in I.O.S. into a King-controlled voting trust for three years. But last week, in order...
Another possible rescuer appeared to be Guy de Rothschild's Banque de Rothschild. The Paris-based Rothschilds operate one mutual fund jointly with I.O.S. Last week they were putting together a group that included their cousins, the British Rothschilds, and other European bankers, to move into the Geneva situation. They would probably command more respect in Europe than Denver's King, and they too demanded that Cornfeld give up power. Six or eight other European banks and U.S. investment groups were said to be readying bids...
Operating on their own, either the Rothschilds or the Rockefellers would seem to have all the financial muscle they could want or need. Taken together, the power and acumen of the two families open boundless possibilities. Now for the first time they have joined forces-in a new European mutual fund called the 3-R Fund. Early next month 3-R will offer about $10 million in shares to the Italian public. A quarter of the control will be held by N.M. Rothschild & Sons, the London bank that represents the British branch of the multinational family. Another 25% will...
Ripe for the Venture. The question was, what fund? Lolli's answer was to interest IBEC in helping form a new Italian fund. Later the Rothschilds, with whom Lolli had been involved in forming a British merchant bank, offered their backing, and 3-R was born. The chairman of the fund will be Evelyn de Rothschild, 38. the polo-playing contender for leadership of the British house of Rothschild...