The Coutts & Co Large-Cap Business of the Year
Coutts & Co is extremely proud to be supporting the National Business Awards’ ‘Large-Cap Business of the Year’ category for the second consecutive year. This award recognises and champions the achievements of large businesses and their contribution to the UK as employers, taxpayers and supporters of communities.
Michael Morley, Chief Executive of Coutts & Co commented: "75% of the top 350 companies in the UK now have at least one board member who banks with Coutts and we firmly believe that sponsoring this award reinforces the proposition of our Executive client group which provides wealth management services to over 4,000 Directors and Executives across the UK. With a large number of clients in the Executive world, Coutts has built up a significant understanding of their needs and requirements so our clients can be confident that each of our private bankers really understands the pressures that go hand in hand with corporate positions of responsibility.
This includes an understanding of the transition steps when moving from management to board, the specific responsibilities of each Executive role, the structure of compensation packages, which might include share options, long-term incentive schemes, potentially capped pensions, and the forthcoming tax implications for those earning in excess of £150,000 p.a. Most of all, our private bankers understand that being a director means that they are incredibly time poor and so need fast and exacting standards of service."