ML-Implode News - Rothschild clan moves to cement its grip

More than two centuries after his Frankfurt-based ancestor Mayer Amschel Rothschild sent his sons to Paris, London, Naples and Vienna to create what became known as "the world's banker", Baron David de Rothschild is set to close the final chapter in the reunification of his sprawling family dynasty.
The 69-year-old chairman of the Rothschild group is bringing together its French and UK assets under the roof of Paris OrlÃ©ans, a French listed entity with its roots in a 19th-century railway company.
The move will mark the last step in a process that started a decade ago of integrating the French banking operations with NM Rothschild, the UK-based investment bank that rose to fame in 1815 when Amschel's son Nathan Meyer Rothschild made a fortune buying British government bonds in anticipation of Napoleon's defeat at Waterloo.

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Rothschild clan moves to cement its grip