The famous financier Sir Evelyn de Rothschild left the bank which bears his family name after an investigation into sexual misconduct in 2003, emerged.
De Rothschild, who died two years ago, was one of the main figures of the British bank and the financial advisor to Queen Elizabeth.
The details were published in an internal memo in response to a Guardian article accusing him of sexual assault and harassment against women working at the bank in the 1990s.
The service note said that it had found “no evidence” in support of these allegations.
A spokesman for the bank said that he “does not tolerate and will never tolerate the behavior of this nature”.
The memo, published for the first time by the Daily Telegraph, said: “We discovered a single complaint of sexual misconduct at the end of 2003.”
“This case was the subject of an immediately investigation, dealt with appropriately, with full support for the colleague concerned, and led Sir Evelyn de Rothschild leaving the group in March 2004.”
“We have found no recording of any other complaints relating to Sir Evelyn,” added the note.
The Guardian report said that at least eight sources alleged that Sir Evelyn had used his position to the bank to abuse women who worked with him.
Women felt unable to arouse their concerns at the time due to Sir Evelyn’s position in the bank and in the company, the article said.
In addition to his role as the Queen’s advisor, Sir Evelyn occupied a leading position in British life and was president of The Economist and on the board of directors of the company owner of the Daily Telegraph.
He spent more than 40 years in the family business, including 28 years as President of NM Rothschild, the group’s United Kingdom investment bank.
He was knight in 1989.
