SOURCE ROOM
C M de Rothschild e figli, Naples (The Naples house)
The Rothschild Archive (Public site: "The Business")
Claims Supported by This Source
- In March 1821, in support of King Ferdinand I of the Two Sicilies, the Austrian army entered the Sicilian Kingdom and occupied Naples
- Carl von Rothschild (1788-1855) was sent to Naples in 1821, where he established C M de Rothschild e figli to operate as a satellite office of the family business in Frankfurt
- The Rothschilds' successful management of Neapolitan securities caused other Italian states to seek their services in raising credit, notably the Papal administration in Rome, on whose behalf five loans were issued between 1831 and 1850
- in 1841, Carl bought a neo-classical villa overlooking the river Chiaia
- Further loans were issued to Tuscany and to Piedmont, of which the fourth in 1859 financed Cavour's victorious Austrian campaign
- The unification of the kingdoms of Italy in 1860 saw the diminution of influence of Naples, and the maintenance of a Rothschild House in the city was no longer viable
- Adolphe Carl von Rothschild was the first member of the family to be bought out of the partnership and the Naples house closed
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