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Welcome to Professional’s Perspective
In this edition, you will find an article from Nick Pollard, Managing Director of UK and International Private Banking, discussing how the impact of the economic downturn is changing the behaviour of our clients in their approach to wealth management.
We also look at the lending market and how Coutts is still very much open for business. And whilst we may all worry about the financial markets, we see interest in philanthropy continue to grow.
2009 is proving to be a challenging year for many businesses. We have seen a significant deterioration in the economy and its likely long duration is touching Coutts and our clients alike.
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Despite the recession, the popularity of philanthropy continues to grow, as we found at the Coutts Forum for Philanthropy in April 2009.
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In recent months, the news has been full of stories about UK banks and the level of lending in both the private and the commercial arena.
