UBP completes its acquisition of Coutts activities in Asia

Union Bancaire Privée ("UBP") completed the transfer of Coutts International's activities in Singapore and Hong Kong on 11 April 2016. This is the final stage in the acquisition of Royal Bank of Scotland's international wealth management business which operated under the name Coutts. Its entities in Switzerland, Monaco and the Middle East became part of UBP in October 2015.