David Douglas-Home, chairman of Coutts & Co, has stepped down from his position at the end of December 2013 after a spell of 14 years with the firm.

Home will remain as chairman of the international side of Coutts & Co, which is based in Switzerland.

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Home was named as chairman of Coutts in June 1999 and chairman of the Switzerland-based bank in 2000.

Prior to joining Coutts, he managed the international division of investment bank Morgan Grenfell & Co and served as chairman of Deutsche Morgan Grenfell.

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