The Edmond de Rothschild group, a company controlled by the Swiss arm of the high profile banking dynasty, has announced plans to take its listed Swiss bank private, making way for acquisitions.
Private, that would make them immune from any Government Audits or Regulations.
The Federal Reserve today which the Unites States has been under control of has NEVER been audited since its inception in 1913.
Announced today (13 March) 2019, the move to bring the bank into the private control of the family indicates a wider strategy to consolidate its banking and asset management empire, and could enable further expansion through acquisition activity.
It represents the final phase of restructure under the leadership of chief executive Ariane de Rothschild.
Edmond de Rothschild, which currently owns a 98% stake of the private bank, said in a statement it would make a bid to buy all “bearer shares” of the Swiss firm for a price of SFr17,945 per share, constituting a 7% premium on its Tuesday close of SFr16,400. This will officially delist it from the Zurich Stock Exchange.
Benjamin de Rothschild, chairman of Edmond de Rothschild’s Board of Directors said: “By taking it private, we are demonstrating our commitment to our banking Group and our ambitions for growth, both organic and through acquisitions.
Benjamin de Rothschild is the husband of Ariane, and said to be the driving force behind the day-to-day management of Edmond de Rothschild. Ariane is a Rothschild by marriage rather than blood and the only female boss of a Rothschild company.
Apparently there was a family squabble where even the other Rothchilds didn’t like this idea. The news follows a three-year legal dispute between Edmond de Rothschild and Rothschild & Co.
What was significant about the settlement was the agreement for the groups to remove their cross-shareholdings and enabling Edmond de Rothchilds’s upcoming delisting from the stock exchange.
Going private, or privatisation, certainly has its advantages for businesses. According to Investopedia, it frees up management’s time and effort to concentrate on running and growing a business, as there are less regulations to comply with.
Always trying to stay one step ahead publically, the Rothchilds are simply responding to the Trump MAGA Policies, but its not about money, they have Trillions, its about being in control of the money, which puts them in control of the Governments.
How do you think Adolf Hitler, a fatherless, penniless, convicted felon, with no political aspirations, and failed art student (almost) became the greatest conqueror since Aleander the Great.
They are just publically giving Donald Trump the middle finger by showing that they will continue to manipulate the world as they have always done, but now they will simply work more covertly.