COUTTS & CO WINCHESTER EXPANSION SEES MOVE TO NEW HAMPSHIRE OFFICE

Coutts & Co, one of the UK’s leading private banks, has today announced its move to new premises in Chandler’s Ford, from Winchester, its home for over 25 years.

The move, which marks the success of Coutts in Hampshire, comes on the back of the continued expansion of the team in Winchester and has been designed to enable further future growth. Earlier this year Coutts appointed a new private banker and senior manager to the office.

Mike Archer, senior manager, Coutts Hampshire, commented: "We are sad to be moving out of such a wonderful city, however the continued success of the office and subsequent growth has lead to the need for larger premises.

"The new offices at Hampshire Corporate Park in Chandlers Ford are ideally located for clients wishing to visit the office as well as the team who regularly travel throughout Hampshire and Sussex to meet with clients. It also allows us room to expand the team further, which we hope to do over the course of the coming year."

Coutts, which celebrated its 25th anniversary in the city last summer at Winchester Cathedral, has been a long standing fixture in the city and was the second office of the bank to be opened outside of London in 1979. The original office on the High Street was destroyed by fire ten years later, causing the team to temporarily relocate to London. The move to the current office on Parchment Street was made in 1990.

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For further media information on Coutts contact:

Claire Symonds, Regional PR Manager, Coutts & Co on 0207 957 2650 or mobile 07970 001149 or e-mail claire.symonds@coutts.com

Notes to Editors

  • Coutts is the international private banking arm of The Royal Bank of Scotland Group. The Royal Bank of Scotland Group is one of the world's largest banking groups.

  • Coutts manages the wealth of 90,000 high net worth clients worldwide through a network of 40 offices globally.

  • The first Coutts regional office to be opened was Eton in 1961. The most recent new opening was Liverpool at the end of 2003. Today, Coutts has regional offices in Bath, Birmingham, Bournemouth, Bristol, Cambridge, Cardiff, Eton, Guildford, Leeds, Liverpool, Manchester, Newcastle, Nottingham, Oxford, Tunbridge Wells & Winchester.

  • Coutts offers clients a range of products and services covering sophisticated investment products together with expertise in trust and fiduciary services and UK tax and banking services.

  • Coutts has for three years running been awarded ‘Best Use of Long-Only Multi-Manager Structures’ at the Private Asset Management Awards

  • Coutts & Co is authorised and regulated by the Financial Services Authority. Registered in England No. 36695. Registered office: 440 Strand, London, WC2R 0QS
  • Calls may be recorded