# New Court

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> Source: https://en.wikipedia.org/wiki/New_Court
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{{Other uses}}
{{Use dmy dates|date=April 2022}}
{{Infobox building
| name = New Court<br />(Rothschild Bank)
| owner = [Rothschild](/source/Rothschild_%26_Co)
| building_type = [Office](/source/Office)
| completion_date = 2011
| coordinates = {{coord|51|30|44|N|0|5|20|W|display=title,inline|type:landmark_region:GB}}
| architect = [Rem Koolhaas](/source/Rem_Koolhaas)<br />[Office for Metropolitan Architecture](/source/Office_for_Metropolitan_Architecture)
| cost = 
| location = [London](/source/London), [England](/source/England)
| pushpin_map = London
| image = File:New Court Rothschild Building.jpg
| image_alt = The Fourth Incarnation of Rothschild's New Court
}}
'''New Court''' (also known as The Rothschild Headquarters) is a collection of proximate buildings in [London](/source/London) having served as the global headquarters of the [Rothschild investment bank](/source/Rothschild_%26_Co) since 1809. The current building is the fourth incarnation of the Rothschild offices at the same street address. Until 2004, the world price of gold was [fixed daily](/source/Gold_fixing) at this building.

== 1809 to 1868: First incarnation and early history ==
After leaving [Frankfurt](/source/Frankfurt), [Nathan Mayer Rothschild](/source/Nathan_Mayer_Rothschild) needed a location where he could build his banking business and continue his merchant activities as well as house his family. Rothschild acquired a lease at No. 2 New Court Street, St Swithin's Lane in 1809.<ref>{{cite book|url=https://books.google.com/books?id=UJsXEAAAQBAJ&pg=PT126|title=Jewish London, 3rd Edition: A Comprehensive Guidebook for Visitors and Londoners|first1= Rachel|last1= Kolsky|first2=Roslyn |last2=Rawson|year=2018|publisher=Fox Chapel|isbn=978-1607655671}}</ref>

In 1824 at New Court, Nathan Mayer Rothschild and company formed [Alliance Assurance](/source/Alliance_Assurance) (later becoming [Royal & Sun Alliance](/source/Royal_%26_Sun_Alliance), and today known as [RSA Insurance Group](/source/RSA_Insurance_Group))."<ref>Schooling, Sir William  (1924), ''Alliance Assurance 1824-1924'', London</ref>

== 1868 to 1962: Second incarnation ==
[Lionel de Rothschild](/source/Lionel_de_Rothschild) (who had succeeded his father Nathan in 1838 as head of the firm) hired architect [Thomas Marsh Nelson](/source/Thomas_Marsh_Nelson) to design a building in the [Italianate style](/source/Italianate_architecture) which was completed in 1868.<ref>{{Cite web|url=http://bankinghistory.org/wp-content/uploads/RothschildCo.pdf|title=Architecture and Finance Bulletin 2019/20|page=103|publisher=The European Association for Banking and Financial History|access-date=19 September 2022}}</ref>

=== Beginning of gold fixing ===
On 12 September 1919, New Court became the location where the global price of [gold was fixed](/source/Gold_fixing).<ref>{{cite book|url=https://books.google.com/books?id=eXvfNDHpfWwC&pg=PA1245 |title=Handbook on the History of European Banks|page=1245|year=2014|publisher=Edward Elgar Publishing|isbn=978-1781954218}}</ref>

=== Second World War ===
During [Second World War](/source/Second_World_War), The Rothschild bank moved much of its staff to the Rothschild estate at [Tring Park](/source/Tring_Park). In a 1941 [Nazi](/source/Nazi_Germany) air raid, St Swithin's Lane was struck with many buildings being damaged.<ref>{{cite web|url=https://www.londonpicturearchive.org.uk/view-item?i=32603&WINID=1663594313712|title=Salters Hall, St Swithins Lane|publisher=London Picture Archive|access-date=19 September 2022}}</ref>

== 1962 to 2011: Third incarnation ==
As the firm continued to see growth, it again outgrew New Court. Although the idea of extending the buildings vertically was posed, the Rothschild family ultimately decided to develop a new office. Rothschild chose [Fitzroy Robinson & Partners](/source/Fitzroy_Robinson_%26_Partners) as architects for a building which was completed in 1962.<ref>{{Cite book|url=https://books.google.com/books?id=kZNOAAAAYAAJ|title=Continuity and Change: Building in the City of London, 1834-1984|first=Stuart J. |last=Murphy|year=1984|publisher=Corporation of London}}</ref>

== 2011 to present: Fourth incarnation ==
By the early twenty-first century, the [Rothschild Bank](/source/Rothschild_%26_Co) had again outgrown the buildings. Architect [Rem Koolhaas](/source/Rem_Koolhaas) of [OMA](/source/Office_for_Metropolitan_Architecture) was selected to design the new headquarters for Rothschild which was completed in 2011.<ref>{{cite book|url=https://books.google.com/books?id=O-vpAwAAQBAJ&pg=PA56|title=London's Contemporary Architecture: An Explorer's Guide|page=56|first1=Ken |last1=Allinson|first2= Victoria |last2=Thornton|year= 2014|publisher=Taylor and Francis|isbn=978-1317690467}}</ref>

== References ==
{{Reflist}}

Category:Office buildings in London
Category:Office buildings completed in 2011

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Adapted from the Wikipedia article [New Court](https://en.wikipedia.org/wiki/New_Court) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/New_Court?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.