Rothschild & Co. is an illustrious boutique bank. It was even the Ideal Boutique Bank Employer in our 2025 Ideal Employer report – but that doesn’t mean the people who work there will stay there forever.
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Alexis Masson joined Evercore as a managing director (MD) in its M&A team earlier today, based in Paris. He joined the American firm from rival boutique Rothschild & Co., where he spent 5 years. During his time at Rothschild (and also Morgan Stanley before it), Masson lectured on financial modelling and later M&A at the prestigious Sciences Po, his alma matter and one of France’s Grandes École.
Leaving a bank like Rothschild in Paris is a gamble, but Evercore might be a tempting out. The American boutique’s Paris office, which it planned to open in 2020, was delayed to 2023, when it launched with just 15 or so dealmakers. Bloomberg reported back in 2024 that there were some 20; it’s not clear how many there are now, but presumably more.
At the same time, not all gambles play out. According to market intelligence provider LSEG (formally Refinitiv), Evercore did very poorly in French M&A in 2025 – it lost almost two thirds of its market share based on deal size versus 2024 and slipped from 12th in 2024 in LSEG’s league table to 21st in 2025.
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