In an interview to news agency Reuters, RBS head of private banking Rory Tapner said he aims to win new high net worth clients in the Middle East, eastern Europe and Asia, in a move that would not see Coutts UK business diminish.

RBS acquired Coutts and all of its overseas subsidiaries when it bought NatWest.

On 1 January 2008, Coutts’ international businesses were renamed RBS Coutts, aligning them more closely with the parent RBS Group.

Coutts offers a range of private banking services, including investment and wealth management and advisory services.

Separately, RBS Global Banking and Markets will launch a new app for institutional clients, developed for the BlackBerry PlayBook tablet.

The app will allow clients access to fixed income, commodity and currency research and strategy, while on the move.