Ashkenazi Jews and the British Banking System:
The Rothschild family is a wealthy Ashkenazi Jewish noble banking family originally from Frankfurt. The family's documented history starts in 16th-century Frankfurt; its name is derived from the family house, Rothschild, built by Isaak Elchanan Bacharach in Frankfurt in 1567. The family rose to prominence with Mayer Amschel Rothschild (1744–1812), a court factor to the German Landgraves of Hesse-Kassel in the Free City of Frankfurt, Holy Roman Empire, who established his banking business in the 1760s.
Unlike most previous court factors, Rothschild managed to bequeath his wealth and established an international banking family through his five sons, who established businesses in Paris, Frankfurt, London, Vienna, and Naples. The family was elevated to noble rank in the Holy Roman Empire and the United Kingdom.
During the 19th century, the Rothschild family possessed the largest private fortune in the world, as well as in modern world history. The family's wealth declined over the 20th century, and was divided among many descendants. Today, their interests cover a diverse range of fields, including financial services, real estate, mining, energy, agriculture, winemaking, and nonprofits. Many examples of the family's rural architecture exist across northwestern Europe. The Rothschild family has frequently been the subject of conspiracy theories, many of which have antisemitic origins.
The Rothschild banking family of England is the British branch of the Rothschild family. It was founded in 1798 by Nathan Mayer Rothschild (1777–1836), who first settled in Manchester before moving to London, Kingdom of Great Britain (in present-day United Kingdom). He was sent there from his home in Frankfurt by his father, Mayer Amschel Rothschild (1744–1812). Wanting his sons to succeed on their own and to expand the family business across Europe, Mayer Amschel Rothschild had his eldest son remain in Frankfurt, while his four other sons were sent to different European cities to establish a financial institution to invest in business and provide banking services. Nathan Mayer Rothschild, the third son, first established a textile jobbing business in Manchester and from there went on to establish N M Rothschild & Sons bank in London.
From the family's home base in Frankfurt, the Rothschild family not only established itself in London but also in Paris, Vienna and Naples in the Two Sicilies. Through their collaborative efforts, the Rothschilds rose to prominence in a variety of banking endeavours, including loans, government bonds and trading in bullion. Their financing afforded investment opportunities, and during the 19th century, they became major stakeholders in large-scale mining and rail transport ventures that were fundamental to the rapidly expanding industrial economies of Europe.
Changes in governments, wars and other such events affected the family's fortunes, both for their benefit and to their detriment at various times. Despite such changes, the British branch of the Rothschild family is arguably the most prominent of all the Rothschild branches, partly due to its elevation to the British peerage and its continued high-profile philanthropic activities.
