David René de Rothschild - Wikipedia, the free encyclopedia

David de Rothschild said that after nationalisation it took until 1986, when the Socialists lost power, for Rothschild family members to get a new banking license. In 1987 a successor company called Rothschild & Cie Banque was created by David de Rothschild who was joined by his half-brother Edouard and cousin Eric de Rothschild. Capitalized at only $1 million and starting with just three employees, they soon built their tiny investment bank into a major competitor in France and continental Europe.
In 2003, following the retirement of Sir Evelyn de Rothschild as head of N M Rothschild & Sons of London, the English and French firms merged to become one umbrella entity called "Group Rothschild." Ownership was shared equally between the French and English branches of the family under the leadership of David de Rothschild. In 2007, the English branch sold their share to the French branch. The French branch now fully own N M Rothschild & Sons.