Rothschilds & Co set Revenue Records for Q1
Rothschild & Co, a BSCC member, have delivered their highest quarterly revenue for their Global Advisory department in Q1 of 2021. Turnover was up 47% to €394.9m for the first three months of the year which highlighted a significant improvement from the €269.1m generated in the same period last year. Assets under Management were also up 7% (€83.6bn) due to record Net New Assets in Wealth Management and a healthy market performance.
The Rothschild & Co Merchant Banking division also experienced a 400% increase in their Q1 revenue- generating €103.4m in sales due to significant realised and unrealised investment gains. Furthermore, substantial growth in recurring revenues has helped to push this business further. Click here to learn more.