rolls-royce

Rothschild makes second top non-family hire

September 22, 2011

Rothschild Group has appointed Sir John Rose, former chief executive of Rolls-Royce, as the group’s deputy chairman, in what is the family-owned banking dynasty’s second hire ever of a non-family member to a top position.

The bank said in a statement on 21 September that Rose will work closely with Baron David de Rothschild, the sixth-generation chairman of Rothschild Group, to expand the bank’s international operations.

Family-controlled carmakers see a spring in their step

February 10, 2011

The year has started on a positive note for family-controlled carmakers, with BMW, Audi and Peugeot Citroen reporting a rise in sales. Helped by surging demand not just in emerging markets, but also the developed world, it has raised hopes that the worst of recession may be running its course for the automobile sector.