Coutts assets rise as markets boost wealth managers

Coutts assets rise as markets boost wealth managers

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Known for banking the Royal Family, Coutts wants to keep its focus on the UK's richestPhoto: Alex Segre/Getty Images

Coutts, NatWest’s wealth manager for the super-rich, grew assets 8% in the latest quarter as the sector continues to be buoyed by rising markets.

Assets at NatWest’s private banking and wealth management business, which includes Coutts, reached £56bn at the end of the third quarter, up 8% over the three months and 20% compared with the same period last year.