Coutts

Coutts & Co. /ˈkuːts/ is a private bank and wealth manager. Founded in 1692, it is the seventh oldest bank in the world, and was, until 2015, wholly owned by The Royal Bank of Scotland Group (itself 79% owned by UK Financial Investments, an investment arm of the British government and the vehicle through which HM Treasury bailed out RBS in 2009). RBS acquired Coutts when it bought NatWest in 2000. Coutts then acquired Zürich-based Bank von Ernst & Cie in 2003 and in 2008, Coutts Bank von Ernst and other Coutts International subsidiaries became RBS Coutts Bank. These traded as RBS Coutts International to align them with the parent RBS Group until 2011, when RBS Coutts was renamed Coutts & Co. Limited.

Headquartered at 440 Strand in London, Coutts was a wholly owned subsidiary of National Westminster Bank and part of the commercial and private banking division of The Royal Bank of Scotland Group.

In March 2015, RBS sold Coutts International to Union Bancaire Privée for an undisclosed sum, as part of a plan to focus the group on fewer markets in a simplified proposition.

Coutts (surname)

Coutts and Couts are English-language surnames derived from the Gaelic-language. The names are derived from the Gaelic cuilt, meaning "nook". It also was a habitational name from Cults, Aberdeen, Scotland.

William Coutts, a Coutts of Auchintoul, was a vassal of the Macdonald's, settled in Montrose, in the 16th century and became a provost of the town. The Coutts are associated with the Farquharsons.

People with the surname

Coutts (disambiguation)

Coutts is a UK private banking house.

Coutts may also refer to:

See also