the sun malaysia ipaper logo 150x150
Friday, June 26, 2026
22.3 C
Malaysia
the sun malaysia ipaper logo 150x150

Edmond de Rothschild says it will ‘monitor the situation’ after release of Epstein files

Edmond de Rothschild Group board to monitor situation after DOJ files link CEO Ariane de Rothschild to past contact with Jeffrey Epstein

SWISS private bank Edmond de Rothschild said on Wednesday its board would “monitor the situation” after U.S. Department of Justice files showed CEO Ariane de Rothschild ⁠kept up years-long contact with late sex offender Jeffrey Epstein, as she sought to reassure clients and staff about ​the firm’s financial strength.

“The Board of Directors, which represents the bank’s ‌senior management and is chaired by Yves Perrier, ​has organized itself to monitor the situation independently, in addition to the work and analyses carried out by management,” the bank said in a statement.

Since the DOJ’s publication of documents, ​the bank’s board has taken the “necessary measures to protect the interests of its customers, employees, and ⁠shareholders,” ‌the company ​added.

Ariane de Rothschild this week wrote ​to clients of the bank and employees to reassure them about ​the strength of the group, a spokesperson told Reuters.

De Rothschild, a member of one of Europe’s most famous banking dynasties after her marriage to Benjamin de Rothschild in 1999, has since 2023 been the CEO of the Geneva-based bank, which oversees 184 ‌billion Swiss francs ($238 billion) in assets. U.S. Justice Department files released last month showed de Rothschild kept up a years-long personal correspondence with Epstein before his 2019 arrest.

After the files were released, a spokesperson for the bank told Reuters that Epstein was a business acquaintance ⁠of de Rothschild ‌from 2013 to 2019.

De Rothschild had no knowledge of Epstein’s conduct and “unequivocally condemns his behaviour and the crimes which he committed,” the spokesperson said in an ​emailed statement earlier this month, without responding to several requests for comment on specific exchanges ​between ​the two.

The bank also said in its statement on Wednesday ‌that it ​had seen more than 5 billion Swiss francs in net inflows in 2026, with the inflows “remaining particularly strong” since January. It was preparing to announce financial results for 2025 soon, it added.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Paddles up! Hong Kong marks 50 Years of international dragon boat thrills

HONG KONG SAR - Media OutReach Newswire – 25 June 2026 – With top teams from around the world gearing up for the hotly contested Hong Kong International Dragon Boat Races this weekend (June 27-28), participants and spectators can expect a bumper programme of action, fun and entertainment along the Victoria Harbour waterfront in Tsim Sha Tsui – one of the city's most vibrant districts known for its iconic skyline views and tourist attractions.

“Japan Creator Support Fund Progress Report Meeting” highlights international success of Japan’s next generation...

The Fund is beginning to generate tangible international outcomes, including awards, nominations and co-productions across music, film, games and the arts, while expanding opportunities for overseas performances, international events and cross-border collaborations.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings