Coutts is a private bank and wealth manager, founded in 1692. It is the seventh oldest bank in the world and its international arm was sold to Union Bancaire Privée in March 2015.
It has been owned by the Royal Bank of Scotland Group since 2000, when RBS purchased its parent, NatWest. Coutts formed part of RBS's private banking division. During its time with RBS, it acquired Zürich-based Bank von Ernst & Cie 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.
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