Rothschild Martin Maurel (formerly Banque Martin Maurel) is a French private bank headquartered in Paris, with a significant presence in France, Belgium, Monaco and Luxembourg. Its origins date back to 1825.
History
Early history The Banque Martin Maurel was established in 1964 as a result of a merger of Banque Martin Frères (founded in 1825) and Banque Maurel (founded in 1929) by Robert Maurel.Banque Martin Maurel: History At the time, the bank became a subsidiary of the holding company Compagnie Financière Martin Maurel Société Anonyme.Company Overview of Banque Martin Maurel SA, Bloomberg BusinessCharles Gilbert, Les Maurel, L'Express, June 27, 2002
In 2000, Martin Maurel co-founded the Martin Maurel Sella Banque Privée – Monaco S.A.M. with the Italian Banca Sella Group which as of 2011 held over 1.8 billion Euros in assets.Anne de Guigné, La banque Martin-Maurel défend son identité, Le Figaro, April 14, 2011 This is in addition to the existing Monaco operations, which have dated back to 1987.
Acquisition by Rothschild & Co In June 2016, Rothschild & Co announced plans to acquire Banque Martin Maurel for €240 million ($270 million). At the time Martin Maurel had €10 billion of assets under management in France, most of which part of its private banking business. As a result, Rothschild Matin Maurel became leading independent private bank in France, with combined AUM of €34 billion.
By 2 January 2017, the merger between Banque Martin Maurel and Rothschild & Cie Banque was complete, creating Rothschild Martin Maurel.
Current Operations The bank is headquartered at 29 Avenue de Messine in Paris;Le trésor des Martin Maurel, Le Point, October 7, 2014 however, its main office is at another address in Marseille. The bank has branches in Paris, Marseille, Aix-en-Provence, Lyon, Brussels, Neuilly-sur-Seine, and Monaco.
It is a member of the Groupement Européen de Banques.
References
External links Official Website