The Rothschild banking family is one of the oldest and most respect names in the financial world. The family actuallyfinanced the Duke of Wellington’s victory over Napoleon at Waterloo.
The Bank of China announced that it was buying 20% of theRothschild private banking and asset management business for $336 million.
China doesn’t have the market corned on premierfranchise names, but it is sure buying a lot of them.
