Corporate Finance: Tapping the Rivulets

More money than ever is needed to finance Europe's broadening technology — and more people than ever seem to have it. For those reasons, two venerable family-run firms last week were deep in plans to let little investors into their operations. In France, the Rothschild Bank chose its 150th anniversary to announce that Messieurs de Rothschild Freres, as the bank is formally known, is expanding from investment banking into a commercial bank serving smaller depositors. And in Belgium, the huge chemical company of Solvay et Cie. held a meeting at which 1,800 family "partners" discussed increasing Solvay's capital by...

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