COUTTS & CO SUCCURSALE DE MONACO
Place your future in experienced hands. Our wealth planning teams advise on everything from tax and trusts through to pensions and wills. The security and opportunity your wealth brings can be protected for generations.
For more than 300 years, our exceptional service has been valued by driven, astute clients from all walks of life. From private investments to wealth management, commercial banking to tax advice, we pride ourselves on building professional relationships that last. The name Coutts first appeared in the title of the Bank in 1755. James Coutts, a Scottish banker, was taken into partnership by Campbell on his marriage to Mary Peagrum, granddaughter of the founder. When Campbell died in 1760, James invited his youngest brother, Thomas, to join him and in January 1761 the Bank became known as James & Thomas Coutts. When James retired in 1775, the Bank’s title changed to Thomas Coutts & Company, which it was to remain until Thomas’ death in 1822. The Bank flourished under Thomas and his partners Edmund Antrobus, Edward Marjoribanks and Coutts Trotter. The premises at 59 Strand were significantly enlarged in the last decade of the 18th century and profits rose from £9,700 in 1775 to £72,000 in 1821. The long reign of George III was a period of major political, social and economic change. Coutts’ customers were closely involved with such events as the American War of Independence, the French Revolution, the Napoleonic Wars and the opening of India and the Far East. Thomas’ customers, many of whom were also friends, ranged from the monarch to the Covent Garden cowkeeper. When Thomas died in 1822, his estate and 50% share in the Bank passed to his second wife, Harriot and the name of the Bank became Coutts & Co. As senior partner, Harriot (later Duchess of St Albans) took an active interest in the business. She decided that the 50% share and Thomas’ fortune should revert to a family member at her death. Consequently, in 1837, Angela Burdett, at 24 the youngest of Thomas’ grandchildren, inherited the interest in a Trust which included a half-share in the Bank. Harriot’s Will stipulated that Angela take the Coutts name but forbade her from marrying a foreigner or interfering in the running of the business. On 1 January 2008, Coutts international businesses were branded RBS Coutts: a new brand for a private bank that brings together a unique combination of attributes. It is the size and strength of RBS Group, together with Coutts experience and sound investment philosophy, that makes RBS Coutts one of the leaders in international private banking. These solid foundations provide our clients with sophisticated and individual wealth management, personally. Coutts acquired Bank von Ernst in 2003 and together with RBS Coutts now has offices around the world.