Rockefeller and Rothschild Banking Dynasties Join Forces

Two of the world’s best-known banking families are combining forces after RIT Capital Partners, the investment trust chaired by Jacob Rothschild, said on Wednesday that it was buying a minority stake in the investment and wealth management firm Rockefeller Financial Services.

Under the terms of the deal, RIT Capital will buy a 37 percent stake in Rockefeller Financial Services, which was founded in 1882 and currently has around $34 billion in client assets under administration.

http://dealbook.nytimes.com/2012/05/30/rockefeller-and-rothschild-banking-dynasties-join-forces/

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