Edmond de Rothschild strengthens its UK private banking position by acquiring a 70% stake in Hottinger & Co Limited and appointing Penny Lovell as CEO.

Information on the Target

Hottinger & Co Limited is a prominent entity in the UK private banking sector, known for its tailored financial services and commitment to client-centric solutions. With a rich history and a robust client base, the company has established itself as a trusted partner in wealth management.

The firm is dedicated to delivering personalized strategies that cater to the diverse needs of its clientele, ranging from high-net-worth individuals to institutional investors. With the recent increase in stake by Edmond de Rothschild, the ambition to enhance its offerings and expand its market presence has been set in motion.

Industry Overview in the Target’s Specific Country

The UK private banking sector is characterized by a competitive landscape, with numerous institutions vying for dominance. The industry has seen significant evolution over recent years, particula