Editing Rothschild family (section)

=== Neapolitan branch ===
[[File:Villa Pignatelli and its garden, Naples.jpg|thumb|[[Villa Pignatelli]], Naples, with views onto [[Mount Vesuvius]]]]
{{Main|Rothschild banking family of Naples}}
The [[C M de Rothschild & Figli]] bank arranged substantial loans to the [[Papal States]] and to various Kings of Naples plus the Duchy of Parma and the Grand Duchy of Tuscany. However, in the 1830s, Naples followed Spain with a gradual shift away from conventional bond issues that began to affect the bank's growth and profitability. The [[Unification of Italy]] in 1861, with the ensuing decline of the Italian aristocracy who had been the Rothschilds' primary clients, eventually brought about the closure of their Naples bank, due to a forecasted decline in the sustainability of the business over the long-term. However, in the early 19th century, the Rothschild family of Naples built up close relations with the [[Holy See]], and the association between the family and the Vatican continued into the 20th century.{{citation needed|date=February 2018}}

In 1832, when [[Pope Gregory XVI]] was seen meeting Carl von Rothschild to arrange the [[1832 Rothschild loan to the Holy See]] (for £400,000, worth €43,000,000 in 2014), observers were shocked that Rothschild was not required to kiss the Pope's feet, as was then required for all other visitors to the Pope, including monarchs.<ref>''The reign of the house of Rothschild'', Egon Caesar Corti (Conte), 1928, page 46</ref> The 1906 ''[[Jewish Encyclopedia]]'' described the Rothschilds as "the guardians of the papal treasure".<ref>[http://www.jewishencyclopedia.com/articles/12909-rothschild "Rothschild"] {{Webarchive|url=https://web.archive.org/web/20150214032438/http://www.jewishencyclopedia.com/articles/12909-rothschild |date=14 February 2015 }}.  ''[[Jewish Encyclopedia]]'', 1901–1906, Vol. 2, p. 497.</ref>