Rothschild Martin Maurel (previously Banque Martin Maurel) is a French

private bank Private banks are banks owned by either the individual or a general Partner (business rank), partner(s) with limited partner(s). Private banks are not incorporation (business), incorporated. In any such case, creditors can look to both the "enti ...

headquartered in

Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. S ...

, with a significant presence in

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...

, and

Monaco Monaco (; ), officially the Principality of Monaco (french: Principauté de Monaco; Ligurian: ; oc, Principat de Mónegue), is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Lig ...

. 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) Banque Maurel (founded in 1929) by Robert Maurel.Banque Martin Maurel: History
/ref>Groupement Européen de Banques: Banque Martin Maurel
/ref> 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 Business''Charles Gilbert

''

L'Express ''L'Express'' () is a French weekly news magazine headquartered in Paris. The weekly stands at the political centre in the French media landscape, and has a lifestyle supplement, ''L'Express Styles'', and a job supplement, ''Réussir''. History ...

'', June 27, 2002 In 2000, Martin Maurel co-founded the Martin Maurel Sella - Banque Privée Monaco with the Italian

Banca Sella Group Banca Sella Holding S.p.A. is an Italian holding company for the Banca Sella Group ( it, Gruppo Banca Sella). The main company of the group was Banca Sella S.p.A., an Italian bank based in Biella, Piedmont. According to research by Mediobanca, B ...

which as of 2011 held over 1.8 billion Euros in assets.Anne de Guigné
La banque Martin-Maurel défend son identité
''

Le Figaro ''Le Figaro'' () is a French daily morning newspaper founded in 1826. It is headquartered on Boulevard Haussmann in the 9th arrondissement of Paris. The oldest national newspaper in France, ''Le Figaro'' is one of three French newspapers of reco ...

'', 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 Rothschild & Co is a multinational investment bank and financial services company, and the flagship of the Rothschild banking group controlled by the French and British branches of the Rothschild family. The banking business of the firm covers th ...

announced plans to acquire Banque Martin Maurel for €240 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. In 2017 after the close of the acquisition, Rothschild merged Banque Martin Maurel and its own private bank Rothschild & Cie Banque to form Rothschild Martin Maurel.

Current Operations

The bank is headquartered at 29

Avenue de Messine Avenue or Avenues may refer to: Roads * Avenue (landscape), traditionally a straight path or road with a line of trees, in the shifted sense a tree line itself, or some of boulevards (also without trees) * Avenue Road, Bangalore * Avenue Road, Lon ...

in Paris;Le trésor des Martin Maurel
''

Le Point ''Le Point'' () is a French weekly political and news magazine published in Paris. History and profile ''Le Point'' was founded in September 1972 by a group of journalists who had, one year earlier, left the editorial team of '' L'Express'', w ...

'', October 7, 2014 however, its main office is at another address in Marseille. The bank has branches in

Marseille Marseille ( , , ; also spelled in English as Marseilles; oc, Marselha ) is the prefecture of the French department of Bouches-du-Rhône and capital of the Provence-Alpes-Côte d'Azur region. Situated in the camargue region of southern Franc ...

Aix-en-Provence Aix-en-Provence (, , ; oc, label= Provençal, Ais de Provença in classical norm, or in Mistralian norm, ; la, Aquae Sextiae), or simply Aix ( medieval Occitan: ''Aics''), is a city and commune in southern France, about north of Marseille. ...

Lyon Lyon,, ; Occitan: ''Lion'', hist. ''Lionés'' also spelled in English as Lyons, is the third-largest city and second-largest metropolitan area of France. It is located at the confluence of the rivers Rhône and Saône, to the northwest of t ...

Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...

Neuilly-sur-Seine Neuilly-sur-Seine (; literally 'Neuilly on Seine'), also known simply as Neuilly, is a commune in the department of Hauts-de-Seine in France, just west of Paris. Immediately adjacent to the city, the area is composed of mostly select residentia ...

, and Monaco. It is a member of the Groupement Européen de Banques.Groupement Européen de Banques: Members
/ref>

References

External links

Official Website
Companies based in Paris Banks of France Banks established in 1964 {{France-stub