Timeline Description: The Rothschild Family has a lasting history in the banking industry, beginning before the early 19th century. Over the years that followed, the family developed an extensive and successful banking international banking network.
|1760||Mayer Amschel Rothschild in Frankfurt
In 1760, Mayer Amschel Rothschild established a money lending and trading office in Frankfurt, Germany. Over the coming years, his sons would take his legacy and move with it throughout Europe.
|1798||Nathan Mayer Rothschild Moved to London
At 21, Nathan Mayer Rothschild moved to London. He briefly worked as a merchant before setting up a bank in the City of London.
|1812||James Rothschild Established Banking in Paris
James Rothschild moved to Paris and established his own branch of the Rothschild bank in the city.
|1820||Salomon Rothschild Set Up Bank In Vienna
Salomon Rothschild joined his brothers in the family business, setting up a bank in Vienna. Each of the banks worked cooperatively, but still functioned independently. The family, while quite spread out, was still close.
|1820||Carl Rothschild Headed Bank in Naples
Carl headed the Naples, Italy branch of the Rothschild Bank. This was the shortest-lived of the Rothschild banks.
|1836||Death of Nathan Rothschild
Nathan Rothschild died in 1836. The Frankfurt branch was taken over by his remaining son and, in the future, the banking legacy became N.M. Rothschild & Sons.
|1840||London N.M. Rothschild & Sons Bullion Brokers
In 1840, the London branch of N.M. Rothschild & Sons became an official bullion broker for the British government. This provided significant status for the institution, as well as wealth.
|1861||Closure of Naples Bank
Following mid-century political unrest, the Naples branch of N. M. Rothschild & Sons closed. The Naples branch would not re-open.
|1887||Interest in Mining and Gems
From 1887 onwards, N.M. Rothschild & Sons took a significant interest in mining and gemstones, financing new ventures and gaining additional wealth.
|1901||Closure of Frankfurt Branch
The family line in Germany died out in 1901. Without a Rothschild heir, the original Frankfurt branch of the family bank closed.
|1919||Chair for Fixing of Gold Price
N.M. Rothschild & Sons made chair for the new daily fixing of the world gold price. The bank held this seat until 2004.
|1938||Vienna Branch and Assets Seized
In 1938, with the Nazi occupation of Austria, the assets of the Austrian branch were seized by Hitler and his government. The family was scattered for the duration of the war.
|1960||Development of Rothschild Inc.(1960s)
Beginning in the 1960s, N.M. Rothschild & Sons took a new interest in U.S. ventures, under the name Rothschild, Inc.
|1981||Paris Bank Nationalized
The Paris branch of N.M. Rothschild & Sons was nationalized in 1981. The family retained a role in banking in Paris with a private investment firm.
|1981||Resurgence of Rothschild Offices(1981 to Present)
Since 1981, the Rothschild family banking empire has continued to diversify internationally, grow and thrive. The bank has sustained itself through financial crises and has shown itself to be a responsible enterprise throughout.