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Coutts International arm could be sold off--sources
11/08/2014 , John Evans, International Editor

Coutts International could be sold off under options being considered by RBS, parent of the British private bank, according to sources familiar with the strategy.

This is a result of a review of Coutts carried out by RBS into the future of its private banking arm.

Apart from a sale, Coutts International, the overseas arm of the bank, could be merged into the main private bank, or be subject to joint ventures.

Coutts declined to comment. 

Follow up story published at 11.11

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