| Rothschild Martin Maurel | |
| Former Name: | Rothschild Martin Maurel |
| Type: | Subsidiary |
| Industry: | Financial services |
| Foundation: | 2017 (as Rothschild Martin Maurel) 1964 (as Martin Maurel) 1929 (as Banque Maurel) 1825 (as Banque Martin Frères) |
| Location City: | 29, Av. de Messine, Paris |
| Location Country: | France |
| Key People: | Bernard Maurel Lucie Maurel-Aubert David René de Rothschild (director) |
| Products: | Private Banking |
| Parent: | Rothschild & Co |
Rothschild Martin Maurel (previously Banque Martin Maurel) is a French private bank headquartered in Paris, with a significant presence in France, Belgium, and Monaco. Its origins date back to 1825.
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.[1] [2] At the time, the bank became a subsidiary of the holding company Compagnie Financière Martin Maurel Société Anonyme.[3] [4]
In 2000, Martin Maurel co-founded the Martin Maurel Sella - Banque Privée Monaco with the Italian Banca Sella Group which as of 2011 held over 1.8 billion Euros in assets.[5] This is in addition to the existing Monaco operations, which have dated back to 1987.
In June 2016, Rothschild & Co announced plans to acquire Banque Martin Maurel for €240 million.[6] 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.[7]
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.[8]
The bank is headquartered at 29 Avenue de Messine in Paris;[9] 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.[10]