The well-known financier Sir Evelyn de Rothschild left the financial institution which bears his circle of relatives identify after an investigation into sexual misconduct in 2003, it has emerged.
De Rothschild, who died two years in the past, was once a number one determine in British banking, and fiscal adviser to Queen Elizabeth.
The main points had been revealed in an inner memo circulated in accordance with a Parent article accusing him of sexual attack and harassment in opposition to girls running within the financial institution within the Nineteen Nineties.
The memo stated it discovered “no proof” to fortify the ones allegations.
A spokesman for the financial institution stated it “does no longer tolerate and not will tolerate behaviour of this nature.”
The memo, first revealed by means of the Day-to-day Telegraph, stated: “We came upon a unmarried grievance of sexual misconduct in overdue 2003.”
“This situation was once investigated right away, handled accurately, with complete fortify for the colleague involved, and resulted in Sir Evelyn de Rothschild leaving the crowd in March 2004.”
“Now we have discovered no file of some other grievance when it comes to Sir Evelyn,” the memo added.
The Parent file stated that a minimum of 8 assets had alleged that Sir Evelyn used his place on the financial institution to abuse girls who labored with him.
The ladies felt not able to boost their considerations on the time on account of Sir Evelyn’s place on the financial institution and in society, the object stated.
In addition to his function advising the Queen, Sir Evelyn occupied a distinguished place in British lifestyles, and was once chairman of the Economist and at the board of the corporate which owned the Day-to-day Telegraph.
He spent greater than 40 years on the circle of relatives company, together with 28 years as chair of NM Rothschild, the crowd’s UK-based funding financial institution.
He was once knighted in 1989.