 In 1968, when the British and French Rothschild banking houses decided jointly to establish an operation in Zurich, de Botton was recruited as its first managing director.He went on to serve briefly as president of Rothschilds in New York in 1982.In 1983, Gilbert de Botton founded the Global Asset Management financial firm, a multinational asset management firm, later incorporated into UBS AG until December 2005, when it was acquired by Julius Baer.