Rothschild who crashed to earth: How the bank dynasty heir’s City reputation is in tatters after a £700m investment scheme blew up in his face

Even at 76, with untold wealth and the holder of a rare Order of Merit from the Queen, Lord Rothschild has continued to dream.

It is a father’s dream: that his only son Nat might one day lead the world’s most enduring banking dynasty to new heights, repairing an old family schism and burnishing its blue-chip image to even greater brilliance.

Today Jacob Rothschild is a bitterly disappointed, even angry man, as his son and heir fights to save his own dwindling reputation and, with it, the first soiling of the proud Rothschild name in centuries.

Crisis: A top City banker said ‘Nat Rothschild will never raise another dollar from anybody’ following after this deal went bad for some investors

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