Top relationship managers leave Coutts
Two advisers have quit Coutts, the UK private bank owned by Royal Bank of Scotland, one of whom is a Wealth Bulletin rising star, Nathalie Dauriac-Stoebe, and the other is Claudia Giger.
A Coutts spokesman confirmed the departure of both women, but could not state their destination.
According to headhunters, however, it is possible that she has decided to take a more full-time role running her family's business, which includes vineyards in St Emilion. She remained involved with the business, even when she was working at Coutts.
Giger has worked at Coutts in Switzerland and London. Schroders has hired her to speahead its plan to expand in central and eastern Europe.
The defections follow Coutts' decision to cut 150 jobs, mainly outside the client facing area, as part of a cost saving exercise by Royal Bank of Scotland. Coutts has also suspended its gradaute training exercise this year.
The Royal Bank of Scotland is understood to be seeking a buyer for the platform which puts together fund structures for Coutts' wealthy clients. But it is keen to hang onto Coutts' UK business, which provides RBS with a valuable deposit base, following its rescue by the UK government earlier this year.
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