Rothschild, Martin Maurel to merge, form French private bank: Reuters

Rothschild & Co (ROTH.PA) and Compagnie Financiere Martin Maurel (FNMM.PA) said they plan to merge, a move that will combine their French private banking and asset management businesses and create a private bank with combined assets under management of about 34 billion euros ($38.6 billion), Reuters News reported.

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