Baron Rodolphe Hottinger | |
---|---|
![]() | |
Born | Paris | August 14, 1956
Nationality | Swiss and French |
Occupation | Private Banker |
Spouse | Hanna |
Children | Henri (born 1983) Richard (born 1985) Peter (born 1987) |
Baron Rodolphe Hottinger (born 14 August 1956 in Paris) is a Swiss banker of the House of Hottinguer. His ancestor, Jean-Conrad Hottinger, created the Bank Rougemont, Hottinger & Cie. in 1786. In 1799, he added a 'u' to the family name, to preserve the Germanic pronunciation; [1] see also House of Hottinguer.
After 20 years as CEO of the Hottinger Group, Rodolphe Hottinger is now CEO of La Financière Rodolphe Hottinger SA He is also a Board Member of Petrolin SA.
Rodolphe Hottinger was born in Paris in 1956 to Henri Hottinger and Josyane Van Laere. He is the eldest of two children and the head of the seventh generation. He attended high school at the Collège Bernard Palissy in the 17th arrondissement of Paris and went on to obtain a university degree at the Académie de Commerce International. After his studies, Rodolphe Hottinger held several trainee and assistant positions at various well-known banking establishments in Paris, London, New York, Hong Kong, and Singapore, namely Coutts & Co., Brown Brothers Harriman, Baring Brothers, Kidder Peabody, and Chemical Bank.
In 1981, Rodolphe Hottinger left Paris for New York to secure and expand the family's financial operations. In doing so, he re-established the Hottinger name in the United States, a presence which dated back to the first half of the 19th century. At that time, Jean-Conrad and Jean-Henri Hottinguer forged an alliance with Heinrich Escher and created the first Hottinger branch in the United States. Heinrich Escher later returned to Switzerland, where his son, Alfred Escher, founded the Zurich Polytechnic School and was also one of the co-founders of the Schweizerische Kreditanstalt, later named Credit Suisse.
In 1982, Rodolphe Hottinger created the brokerage firm Hottinger Bros. in New York, a member of the National Association of Securities Dealers. In 1987, he was instrumental for the creation of the Swiss Helvetia Fund, the first Swiss close-end investment firm listed on the New York Stock Exchange, which deals in equity and equity-linked securities of Swiss companies. That same year, he was named Managing Partner at Hottinger & Cie. in Zurich, a position he would hold for the next twenty-three years. Other positions held during this period include President of the management board of Emba NV, (listed on Euronext until 2007), from 1990 to 2009, and President and CEO of the Swiss Helvetia Fund (listed on the NYSE ) from 1997 to 2009. He rang the closing bell of the New York Stock Exchange on October 3, 2007.
Rodolphe Hottinger was a member of the Board of Directors of AXA RE US from 1983 to 2002, AXA Life and P&C Switzerland from 1998 to 2006 and AXA Winterthur Life and P&C from 2007 to 2012.
After 30 years with the Hottinger Group and 20 years as its CEO, Rodolphe Hottinger now manages La Financière Rodolphe Hottinger. In 2010 he decided to create his own operation to address the specific challenges that financial institutions now face in the aftermath of the 2008 financial crisis.
According to the website of FINMA, the Swiss regulatory body for banks and securities dealers, La Compagnie Financière Rodolphe Hottinger (a wholly own subsidiary of La Financière Rodolphe Hottinger) has discontinued its activities as a security dealer.
Rodolphe Hottinger remains inspired by a speech given by his grandfather, Baron Rodolphe Hottinguer (1902-1985), as Chairman of the EC Banking Federation, at the inaugural meeting of Bankers' Day in Munich on 14 November 1963.
The example of the past should allow for the pursuit of this ancestral occupation of banking. To qualify it, to define it, to anticipate what it might become: therein lies the secret of its future. In the conduct of its forebears and the example they set, our banking family will receive the encouragement to persevere, the intelligence to change and adapt, the character to overcome challenges, and the hope to undertake new ventures.
- - Max Gérard, Messieurs Hottinguers et Cie. Banquiers à Paris, Vol. II, p. 783.
Jacques Laffitte was a leading French banker, governor of the Bank of France (1814–1820) and liberal member of the Chamber of Deputies during the Bourbon Restoration and July Monarchy. He was an important figure in the development of new banking techniques during the early stages of industrialization in France. In politics, he played a decisive role during the Revolution of 1830 that brought Louis-Philippe, the duc d'Orléans, to the throne, replacing the unpopular Bourbon king Charles X. Laffitte was named president of the new Citizen King's Council of Ministers and Minister of Finances. After a brief ministry of 131 days, his "Party of Movement" gave way before the "Party of Order" led by the banker Casimir-Pierre Périer. Laffitte left office discredited politically and financially ruined. He rebounded financially in 1836 with his creation of the Caisse Générale du Commerce et de l'Industrie, a forerunner of French investment banks of the second half of the 19th century such as the Crédit Mobilier (1852). The Caisse Générale did not survive the financial crisis caused by the Revolution of 1848.
Baron David René James de Rothschild is a French banker and a member of the French branch of the Rothschild family. Since 2018, he is supervisory board chairman of Rothschild & Co and chairman of Rothschild Continuation Holdings, a Swiss holding company.
Hottinger Group is an international wealth management business headquartered in London providing family office, Investment banking and other associated financial services. Hottinger is known as one of the first private banks, created on 1 August 1786 by the Hottinguer family.
Baron Jean-Conrad Hottinguer was a Swiss-born French banker who later became a Baron of the French Empire.
Baron Jean-Henri Hottinguer was the first-born son and heir of Baron Jean-Conrad Hottinguer. In 1818 he left Paris to learn the business world and to continue his education. His first destination was London, England, where he worked for Lloyd's and the English Stock Exchange. At the age of 23 he departed London for America, where he worked for several years. During this time he made contacts who would help him in future endeavours. He eventually returned to France to help his father with their banking business.
Baron Rodolphe Hottinguer (1902–1985) was the fifth Baron of Hottinguer.
Baron Henri Hottinguer was the first-born son of Baron Rodolphe Hottinguer. He had a long and prosperous life, and during his era the bank, Hottinger & Cie, accomplished many achievements. He took control of Hottinger and Cie around the age of 52, following the death of his father.
Hottinger first appears in the annals of the town of Zöllikon, near Zurich, in 1362. The town had recently joined the Swiss Confederation, and was poised to become a thriving center for trade. In 1401, three members of the Hottinger family were named Grand Burghers of the city. Their names Hans, Heinrich and Rudolf – or, in their French variants, Jean, Henri and Rodolphe – have marked the family dynasty for over 500 years. During the 15th and 16th centuries, their descendants oversaw the canton's progressive transformation from a rural to a financial economy, taking an active role in the region's political, cultural and religious life all the way into the 18th century.
Baron Rodolphe Hottinguer was a banker that ran his family owned French bank Messieurs Hottinguer & Cie taking over from his father Baron Jean–Henri Hottinguer in 1866. He passed on the bank to his son Baron Henri Hottinguer at the age of 83. He was born in Paris in 1835 and died there in 1920.
The Edmond de Rothschild Group is a financial institution specialized in private banking and asset management. Based in Geneva, the group is family-owned and independent, and encompasses the Edmond de Rothschild Foundations, the lifestyle brand Edmond de Rothschild Heritage, and sponsors the Gitana Team.
Georges Pauget was the CEO of Crédit Agricole and LCL S.A. from 2005 to 2010.
The Lombard Odier Group is an independent Swiss banking group based in Geneva. Its operations are organised into three divisions: private banking, asset management, and IT and back and middle office services for other financial institutions. In 2022, the bank had total client assets of CHF 300 billion, which makes it one of the biggest players in the Swiss private banking sector.
Bordier & Cie is a Swiss private banker founded in 1844 in Geneva and active in wealth management for private clients. It is the last French-speaking private banker in Switzerland, headed by three partners with unlimited responsibility on their own assets. The institution holds a banking license in Switzerland, Turks and Caicos Islands and Singapore and has branches in the United Kingdom, France and Uruguay.
Mirabaud is an international banking and financial group based in Geneva, Switzerland. Founded in 1819, it gradually developed into the third largest private bank in the city.
The Swiss Private Bankers Association is a Swiss trade association made up of banking institutions that meet the legal definition of a private banker according to Swiss law. Based in Geneva, Switzerland, and currently has six members.
The Banque Worms was a merchant bank founded by Hypolite Worms in 1928 as a division of Worms & Cie. The banking services division provided financing services to other branches of Worms & Cie, which were involved in ship building, shipping and the coal trade. During World War II (1939–45), Worms & Cie was placed under German supervision, and was subject to intense scrutiny after the war on suspicions of collaboration. The banking services division was spun off as the independent Banque Worms et Cie in 1964. The bank was nationalized in 1982 by the socialist government of François Mitterrand. The bank engaged in risky real estate investments, and lost most of its value. After being re-privatized, it was owned in turn by two insurance groups, then was acquired by Deutsche Bank. The bank was wound down in 2004.
The REYL Group, styled REYL Intesa Sanpaolo, is a financial services company founded in Geneva in 1973 by Dominique REYL. REYL provides financial advisory and investment services to private and institutional clients.