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Rothschild wrath at perceived role in Noble downfall

Investment bank Rothschild is understood to be fuming at the way it has been portrayed as playing a major role in the collapse of West African gold company Noble Mineral Resources.

Sarah Thompson, Anthony Macdonald and Gretchen Friemann

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Investment bank Rothschild is understood to be fuming at the way it has been portrayed as playing a major role in the collapse of West African gold company Noble Mineral Resources .

After struggling to stay afloat for months, Noble went into voluntary administration on Thursday afternoon. In a statement to the market, it pointed to Rothschild’s unwillingness to settle on a $4.8 million debt as the final straw.

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Original URL: https://www.afr.com/companies/financial-services/rothschild-wrath-at-perceived-role-in-noble-downfall-20130912-ijalf