The mere elimination of the Armenian population of Baku would not solve the problem of ethnic conflict in that region. The surrounding areas would provide reservoir effect in resupplying the conflicting minority element. Of course, history tells us that it was the Turks, and not big business that committed the Armenian atrocities. It was Napoleon III who fought for Turkey's entrance into the concert of Europe. France took the lead in Turkey's economic development with French securities and investment exceeding that of any other nation.
French leaders come and go.
However a constant behind France's economic power was the French branch of the Rothschild family. Napoleon III was a Rothschild man. Specifically, Baron James de Rothschild's man. Baron James was, financially and hence politically, the most powerful figure in France, indeed on earth during his time. Napoleon's efforts on behalf of Turkey were Rothschilds' efforts.