However, the Paris business suffered a near death blow in 1982, when t... - dofaq.co
rothschild family

However, the Paris business suffered a near death blow in 1982, when t...

wikipedia - 20 Sep 2020
However, the Paris business suffered a near death blow in 1982, when the socialist government of François Mitterrand nationalised and renamed it as Compagnie Européenne de Banque.[39] Baron David de Rothschild, then 39, decided to stay and rebuild, creating a new entity named Rothschild & Cie Banque, with just three employees and €830,000 (US$1 million) in capital. Today, the Paris operation has 22 partners and accounts for a significant part of the global business.

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