There can be little doubt that Coutts is the leading private bank serving the wealthy in the music, entertainment and sports fields.

Its client list is littered with top names, such as rapper Stormzy and over the years, singers like Dame Nelly Melba, as I have noted previously.

The bank nowadays is bullish about the growing trend where artists sell their songwriting catalogues for huge sums.

For example, David Bowie’s back-catalogue has just been sold to Warner for a...