Adam & Co, part of the private
banking arm of Royal Bank of Scotland, held profits steady at £24m
($37m) last year.
Pre-tax profits at Adam & Co for the year
to 31 December were £24.2m, compared with £24.3m made in 2008.
Go deeper with GlobalData
Managing director David Cathie said the company
had proved resilient despite a difficult time for the RBS
group.
He said Adam & Co, which has 9,500 clients
and £1.5bn assets under management, had continued momentum in
2010.
The firm was reported to have boosted client
numbers by 5-10% in 2009 and plans to take on another 10
client-facing staff during 2010.
RBS Coutts is expected to announce its results
next month.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
