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

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https://www.reuters.com/business/financ ... 026-02-25/

Feb 25 (Reuters) - 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.