Paris Orléans
Encyclopedia
Paris Orléans S.A. is a financial holding company listed on Euronext
Paris and controlled by the French and English branch of the Rothschild family
. Paris Orléans is the flagship of the Rothschild banking Group and controls the Rothschild Group’s banking activities including N M Rothschild & Sons
and Rothschild & Cie Banque
.
The banking business of Rothschild banking Group covers the areas of investment banking, corporate banking, private equity, asset management, private banking, and so on. In addition, Paris Orléans has its own investment account in private equity.
It was originally a French railway company, the Compagnie du chemin de fer de Paris à Orléans
.
it had ~11000km of track, and was one of the major railway companies in France. In 1938 it was nationalised along with five other railway undertakings to form the national state railway company SNCF
. After the nationalization of rail operations, the company became a simple property company.
By 1980, the Paris business employed about 2,000 people and had an annual turnover of 26 billion francs ($5 billion in the currency rates of 1980).
But then the Paris business suffered a near death blow in 1981 when the Socialist government of François Mitterrand
nationalized Banque Rothschild and renamed it Compagnie Européenne de Banque.
In 1983, David de Rothschild
and Eric de Rothschild decided to restart their family's business, using Paris Orléans as a launchpad for building a new Rothschild bank in France.
In 1984, they founded Paris Orléans Banque, which later became Rothschild & Cie Banque
. Capitalized at only $1 million and starting with just three employees, they made their tiny investment bank into a major competitor in France and continental Europe. Today, Rothschild & Cie Banque
is the French branch of the Rothschild group.
Paris Orléans S.A. controls "Concordia BV". "Concordia BV" in turn controls "Rothschilds Continuation Holdings AG". "Rothschilds Continuation Holdings AG" in turn controls the Rothschild Group’s banking activities.
The most important holdings of Rothschilds Continuation Holdings AG are:
Rothschild Group has a total of 57 offices in 45 countries on five continents and employs 2860 employees worldwide (in March 2010). In the area of investment banking, Rothschild Group has specialized in the M & A advisory. Today, Rothschild Group is the most active M&A house in Europe.
Historically, the Rothschild family owns many Bordeaux vineyards since 1868. Les Domaines Barons de Rothschild (Lafite) is one of Rothschild's winery company. Majority of the share is owned by the Rothschild family and 23.5% is owned by Paris Orléans.
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...
Paris and controlled by the French and English branch of the Rothschild family
Rothschild family
The Rothschild family , known as The House of Rothschild, or more simply as the Rothschilds, is a Jewish-German family that established European banking and finance houses starting in the late 18th century...
. Paris Orléans is the flagship of the Rothschild banking Group and controls the Rothschild Group’s banking activities including N M Rothschild & Sons
N M Rothschild & Sons
N M Rothschild & Sons is a private investment banking company, belonging to the Rothschild family...
and Rothschild & Cie Banque
Rothschild & Cie Banque
Rothschild & Cie Banque is a French bank and belongs to Rothschild Group. It provides investment banking, asset management, and wealth management services in France....
.
The banking business of Rothschild banking Group covers the areas of investment banking, corporate banking, private equity, asset management, private banking, and so on. In addition, Paris Orléans has its own investment account in private equity.
It was originally a French railway company, the Compagnie du chemin de fer de Paris à Orléans
Compagnie du chemin de fer de Paris à Orléans
The Compagnie du chemin de fer de Paris à Orléans was an early French railway company.It merged with the Chemin de Fer du Midi to form the Chemin de Fer de Paris à Orléans et du Midi in 1934...
.
Beginning as railway company
The Compagnie du chemin de fer de Paris à Orléans was founded in 1838 as a railway company, after several takeovers and a merger with the Chemin de Fer du MidiChemin de Fer du Midi
The Chemin de Fer du Midi, often abbreviated to CF du Midi, was an early French railway company.In 1934 it merged with the Chemin de Fer de Paris à Orléans to become part of the Chemin de Fer de Paris à Orléans et du Midi ....
it had ~11000km of track, and was one of the major railway companies in France. In 1938 it was nationalised along with five other railway undertakings to form the national state railway company SNCF
SNCF
The SNCF , is France's national state-owned railway company. SNCF operates the country's national rail services, including the TGV, France's high-speed rail network...
. After the nationalization of rail operations, the company became a simple property company.
As French banking branch of Rothschild family
After the Second World War, French branch of the Rothschild family took over the remains of Paris Orléans and transformed it into a holding company for its banking activities and corporate investments. These mainly included the "Banque Rothschild" (Bank), "SGIM" (property company), the "SIACI" (insurance), the "Francarep" (oil company) and the "SGDBR" (wineries), now Domaines Barons de Rothschild (DBR).By 1980, the Paris business employed about 2,000 people and had an annual turnover of 26 billion francs ($5 billion in the currency rates of 1980).
But then the Paris business suffered a near death blow in 1981 when the Socialist government of François Mitterrand
François Mitterrand
François Maurice Adrien Marie Mitterrand was the 21st President of the French Republic and ex officio Co-Prince of Andorra, serving from 1981 until 1995. He is the longest-serving President of France and, as leader of the Socialist Party, the only figure from the left so far elected President...
nationalized Banque Rothschild and renamed it Compagnie Européenne de Banque.
In 1983, David de Rothschild
David René de Rothschild
David René James de Rothschild is a banker and a member of the French branch of the Rothschild family. He is the chairman of Rothschilds Continuation Holdings, a Swiss holding company...
and Eric de Rothschild decided to restart their family's business, using Paris Orléans as a launchpad for building a new Rothschild bank in France.
In 1984, they founded Paris Orléans Banque, which later became Rothschild & Cie Banque
Rothschild & Cie Banque
Rothschild & Cie Banque is a French bank and belongs to Rothschild Group. It provides investment banking, asset management, and wealth management services in France....
. Capitalized at only $1 million and starting with just three employees, they made their tiny investment bank into a major competitor in France and continental Europe. Today, Rothschild & Cie Banque
Rothschild & Cie Banque
Rothschild & Cie Banque is a French bank and belongs to Rothschild Group. It provides investment banking, asset management, and wealth management services in France....
is the French branch of the Rothschild group.
As the flagship of Rothschild Group
In 2003, English and French firms merged into the Rothschild Group under the leadership of David R. de Rothschild. To do this, a holding company, Concordia BV, was created to own the Rothschild Group’s banking activities. Now Paris Orléans holds 100% of Concordia BV.Banking
For the merger of the banking activities of the English and French branch of the Rothschild family in January 2008, the company "Paris Orléans S.A." became the flagship of the family business of Rothschild. The share capital of Paris Orléans is controlled to 58.64% by the Rothschild family(March 2010). The remaining shares is widely spread on the exchange.Paris Orléans S.A. controls "Concordia BV". "Concordia BV" in turn controls "Rothschilds Continuation Holdings AG". "Rothschilds Continuation Holdings AG" in turn controls the Rothschild Group’s banking activities.
The most important holdings of Rothschilds Continuation Holdings AG are:
- NM Rothschild & Sons LtdN M Rothschild & SonsN M Rothschild & Sons is a private investment banking company, belonging to the Rothschild family...
, London - English division of Rothschild Group - Rothschild & Cie BanqueRothschild & Cie BanqueRothschild & Cie Banque is a French bank and belongs to Rothschild Group. It provides investment banking, asset management, and wealth management services in France....
, Paris - French division of Rothschild Group - Rothschild Bank AG, Zurich - International private banking group serving a varied international client base
Rothschild Group has a total of 57 offices in 45 countries on five continents and employs 2860 employees worldwide (in March 2010). In the area of investment banking, Rothschild Group has specialized in the M & A advisory. Today, Rothschild Group is the most active M&A house in Europe.
Private equity business
In addition to banking activities, Paris Orléans holds in the area of private equity investments on their own account with a total value of € 471 million (in March 2010). This portfolio includes investments in private equity funds and mezzanine financing , including investments in listed and unlisted companies.Historically, the Rothschild family owns many Bordeaux vineyards since 1868. Les Domaines Barons de Rothschild (Lafite) is one of Rothschild's winery company. Majority of the share is owned by the Rothschild family and 23.5% is owned by Paris Orléans.
External links
- Rothschild
- Paris Orléans
- Website for Rothschild & Cie Banque (French language)
- Domaines Barons de Rothschild (Château Lafite Rothschild) - Winery company of Rothschild partly holded by Paris Orléans