Coutts & Co. is a private bank and wealth manager. It is one of the world’s oldest banks (founded 1692) and is wholly owned by the Royal Bank of Scotland Group (itself 84% owned by UK Financial Investments Limited, an investment arm of the British government). RBS acquired Coutts when it bought NatWest in 2000. Coutts then acquired Zurich-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.
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