In April 2015, Royal Bank of Scotland announced the sale of Coutts’s international operation to Union Bancaire Privée, a family-owned Swiss private bank. The sale was completed in April 2016.
Coutts & Co AG was the 52nd largest bank in Switzerland in terms of total assets. In 2015 its total assets were 6 262,10 mln CHF, providing the bank with the market share of 0.21%. Coutts & Co AG was the 13th largest foreign-controlled bank in Switzerland (out of 85 foreign-controlled banks) having market share of 2.40% amongst the banks of this category. In 2015 the bank's annual profit was -126,40 mln CHF. Coutts & Co AG had 526 employees in 2015.
Coutts & Co AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Coutts & Co AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.
Coutts & Co AG is a member of The Royal Bank of Scotland (United Kingdom).
Coutts & Co AG was headquartered in Zürich.
Coutts & Co AG was authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-105.841.220).