Thomas Coutts

1735 - 1822

Banker. Born in Edinburgh, the son of a merchant who became Lord Provost of the city. Thomas Coutts went into banking as a young man and later with his brother, James, became a partner in a banking house in the City of London, which had been founded by John Campbell of Lundie in 1692. When James died (1778), Thomas became senior partner in the enterprise, enlarging the premises and growing the profits. On his death, Coutts share in the bank passed to his wife who took an active role in its operation. Amalgamating in 1919 to become part of the National Provincial & Union Bank, it was drawn into the NatWest group in 1969. Coutts continued to offer private banking services to notable clients including royalty even after the NatWest Group was acquired by the Royal Bank of Scotland in 2000. The 'Royal bank' of Coutts & Co. now has offices around the globe but still carries the name of Thomas Coutts.

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