Adam & Company operates as a sister company to Coutts within the NatWest Group. They are both Private Banks within the Group.
Coutts & Company was founded at the sign of the Three Crowns in London’s Strand in 1692 by John Campbell, a Scottish goldsmith. A fellow Scot and able banker, George Middleton, was taken into partnership in 1708. In 1755 the business became known as Campbell & Coutts, following the entry into the partnership of James Coutts, the son of an Edinburgh banker. James took his younger brother, Thomas Coutts, into partnership as James & Thomas Coutts. This partnership continued until 1775 when James retired and the business adopted the title of Thomas Coutts & Co. When Thomas Coutts died in 1822, the bank was renamed Coutts & Co. In 1920 Coutts & Co merged with National Provincial & Union Bank of England, but retained its separate identity as a prestigious private bank with its own board of directors. In 1968, Coutts’ owner National Provincial Bank and Westminster Bank agreed to merge to form National Westminster Bank.
Coutts & Co continues to operate independently within NatWest Group.
