Rothschild & Co: flat revenues in Q3.

(CercleFinance.com) - Yesterday evening Rothschild & Co reported Q3 2016/2017 revenues of 477 million euros, flat year-on-year.


Over the first 9 months, group revenues amounted to 1.28 billion euros, up 11% compared to the first three quarters of 2015/2016, including 861 million euros, from the group's “Global Advisory” division, i.e. an 18% rise, thanks to sustained business in mergers and acquisitions.

The Private wealth and asset management division saw its revenues fall by 4% over 9 months, reaching 276 million euros, mainly due to lower brokerage commissions.

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