Rothschild & Co.: Q3 revenues up 30%
(CercleFinance.com) - Rothschild & Co.
has reported Q3 revenue of 864 million euros, up 30% y-o-y.
Business improved in all divisions, including Financial Advisory (up 18% to E547m), Private Banking and Asset Management (up 9% to E64m), Merchant Banking (up 207% to E145m) and Other Businesses and Central Functions (up 137% to E10m).
Over the first nine months of the year, revenues reached 2,238 million euros, up 11%.
Subject to exogenous circumstances, the group expects its three businesses to continue to perform strongly in Q4 2022, albeit not reaching 2021 levels.
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