Tag Archives: Lord Rothschild Takes 130 Million Pounds Bet Against The Euro

The Telegraph – James Quinn – Lord Rothschild Takes 130 Million Pounds Bet Against The Euro – 19 August 2012

Lord Rothschild has taken a near-£130m bet against the euro as fears continue to grow that the single currency will break up.

The member of the banking dynasty has taken the position through RIT Capital Partners, the £1.9bn investment trust of which he is executive chairman.

The fact that the former investment banker, a senior member of the Rothschild family, has taken such a view will be seen as a further negative for the currency. Continue reading