Coutts bank
Coutts is a British bank.
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Its beginnings can be traced to early 1692 when a Scot, John Campbell started trading in the Strand in London as a goldsmith and banker. In 1708 he took a partner, George Middleton, who outlived Campbell and married Campbell's daughter. In due course, other partners were brought in and when Middleton died they named the business "Bankers of 59 Strand".
Related Topics:
1692 - Scot - John Campbell - Strand - London - Goldsmith - Banker - 1708 - George Middleton
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In 1755, James Coutts became a partner on his marriage to the founder's granddaughter. In 1760 James' brother, Thomas, joined him and the following year, the bank was renamed "James & Thomas Coutts".
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The bank flourished during the later part of the 18th century, with customers from the monarch downwards. On Thomas' death in 1822 was renamed "Coutts & Co."
Related Topics:
18th century - 1822
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During the reign of Queen Victoria, the bank was led by Angela Burdett-Coutts. Then the Baring crisis of 1890 forced the bank to change from being a partnership to an unlimited company.
Related Topics:
Queen Victoria - Angela Burdett-Coutts - Baring crisis of 1890
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In 1904 the bank moved to its current premises at 440 Strand. In 1914 Coutts took over the bank of Roberts, Lubbock & Co, obtaining a branch office and a clearing house seat in the process.
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In 1919 Coutts merged with the National Provincial & Union Bank of England Ltd whilst retaining its name.
Related Topics:
1919 - National Provincial & Union Bank of England Ltd
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In 1961 the first branch outside London was opened in Eton.
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In 1969 Coutts became part of the National Westminster bank.
Related Topics:
1969 - National Westminster
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In 1987 a Swiss company was formed.
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In 2000 Coutts became part of The Royal Bank of Scotland.
Related Topics:
2000 - The Royal Bank of Scotland
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