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Rothschild's UK unit enjoys profit bounce

The main UK operating entity of the wider Rothschild Group posted profits of £30.6 million during its last financial year

The main UK operating entity of the wider Rothschild Group posted profits of £30.6 million in the year to March 31, up a quarter from the previous year, as financial advisory revenues rebounded.

N M Rothschild & Sons - which houses Rothschild's UK advisory business, Rothschild Australia, and 50% of Rothschild Europe - posted a 6% increase in net operating revenues, to £381.3 million from £359.6 million, according to accounts filed earlier this month. Rothschild Group is consolidated under French parent company Paris Orleans.

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