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Diary of a Private Banker: What would have Mr Coutts, and his lucky guinea done?

Freddie Pooter, 04/10/2019

There can be no finer tribute to one of the founding fathers of British private banking, some 250 years after his birth, that his memory, and style of banking is still remembered.

Thomas Coutts, who led Coutts & Co for 47 years from 1775, certainly has left an enduring legacy.

Born in 1735, he became an extremely successful businessman/banker by any standard. During his reign, profits at Coutts went up by over 640 percent.

The bank grew so fast that expansion work was needed at its headquarters at 59 Strand, London – now a Pizza Hut across the road from today’s Coutts building. Unfortunately, you canâ€...


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