Coutts chairman

Coutts chairman

COUTTS & CO, NatWest's 307-year-old private banking arm, has named the Earl of Home as its new chairman from June, when Sir Ewen Fergusson retires. Lord Home, who is currently the chairman of Deutsche Morgan Grenfell, has worked at Morgan Grenfell for 32 years, and was the Opposition spokesman on trade and industry in the House of Lords until his resignation last December.