Switzerland's Union Bancaire Privee (UBP) is buying the international business of 300-year-old British wealth manager Coutts, the latest deal by a Swiss private bank aimed at branching out from its struggling home market.
Royal Bank of Scotland is selling the international arm of its private bank in a deal that could be valued around $1 billion, sources said on Monday, as the British government leans on it to focus more on domestic lending.
Passion investments has returned 77 per cent (local currency terms) since 2005, outperforming shares, according to the latest report on passion investments by Coutts, the wealth division of Royal Bank of Scotland Group.
Coutts, the wealth division of Royal Bank of Scotland Group, has announced the official opening of its new premises in the Dubai International Financial Centre (DIFC) as part of its regional expansion strategy.
A London-based inte
UK-based private banking house, Coutts, has announced the appointment of Amir Sadr as head of the UAE market and private office in the Middle East, effective immediately.
In his new role, Sadr will be instrumental in developing Cout
Graeme Coutts, chairman of UK-based oil flow technology leader Expro, will retire next month after more than 21 years of working at international oilfield company.
During his career with Expro he has held several prominent senior executive