Website martinmaurel.com Founded 1964 | Headquarters Marseille | |
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Key people Bernard Maurel
Lucie Maurel-Aubert
David René de Rothschild (director) | ||
The Banque Martin Maurel is a French private bank headquartered in Marseille. It is present in France and Monaco.
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Location
A historic bastide located at 540 Avenue du Prado in Marseille serves as its headquarters. However, the main office is at 43, rue Grignan, also in Marseille. It was branches in Aix-en-Provence, Lyon, Neuilly-sur-Seine and Paris, as well as a subsidiary in Monaco.
History
The Banque Martin Maurel was established in 1964 as a result of a merger of Banque Martin Frères, founded in 1825, and Banque Maurel, founded in 1929 by Robert Maurel. It is a subsidiary of its holding company, Compagnie Financière Martin Maurel Société Anonyme.
In 2000, with the Italian bank Banca Sella Group, it co-founded the Martin Maurel Sella - Banque Privée Monaco. As of 2011, it held 1.8 billion Euros in assets.
It is a member of the Groupement Européen de Banques.
Banque Martin Maurel has been bought by Rothschild & Co. in June 2016 for at €240 million. At the time it had €10 billion of assets under management in France, of which €7 billion for private banking. As a result, Rothschild would become a leading independent private bank in France, with combined AUM of c.€34 billion.