Tuesday July 7, 2020

Queen's bankers Coutts buy "volatile" Irish debt

At least one part of the Royal Bank of Scotland empire still looks upon Ireland favourably.

19th June, 2013
Coutts, bankers to the Queen.

At least one part of the Royal Bank of Scotland empire still looks upon Ireland favourably.

Coutts & Co, one of the oldest private banks in the world and a subsidiary of the Scottish giant, last week bought Irish government bonds.

Niamh Wylie, a money manager at the company, said that an increase in market volatility led to an opportunity for the bank to buy Irish paper. The yield on Ireland’s 10-year bond climbed to...

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