Our private banking industry is graced by several former chief executives of Coutts & Co, individuals who have gone on to productive careers elsewhere in the business.
At least two of them look likely to be having interesting times ahead of them.
Firstly, there is Sarah Deaves, Coutts’ supremo between 2002 and 2009. Then she was kidnapped by RBS and consigned as a retail banking sort in what we recall was a location something like The Hebrides.
Where there’s muck, there’s brass, they say. In the case of the isle of Muck, we doubt if it was ever inhabited by a private banking client.
But hap...
