Coutts & Co. is one of the UK's private banking houses, now wholly owned by the The Royal Bank of Scotland Group, itself 84% owned by UK Financial Investments Limited, an investment arm of the British government. RBS acquired the Coutts business when it bought National Westminster Bank in 2000. Coutts acquired Zurich based Bank von Ernst & Cie in 2003. In 2008, Coutts Bank von Ernst and Coutts other international subsidiaries became RBS Coutts Bank, trading as RBS Coutts International, aligning them more closely with the parent RBS Group. In 2011, RBS Coutts was renamed Coutts &... Co. Limited. Coutts & Co. offer a full range of private banking services, including retail banking, investment, wealth management, taxation and advisory services. The bank which was to become Coutts & Co, was originally known as Campbells Bank. It was formed in 1692 by a young Scots goldsmith-banker, John Campbell of Lundie, Scotland. He set up business in Strand, London, under a sign of the Three Crowns. Today, the Coutts logo still has the three crowns, and its headquarters is still in Strand. Campbell died in 1712, leaving the business to members of his family.
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