Tycoon Prepares to Sue Queen's Banker for 'Losing' Millions

Summary


THE Queen's bankers Coutts could be sued by one of Britain's leading businessmen who fears the bank might have lost much of his [pounds]160 million fortune in the financial crisis.

Sir Keith Mills, who helped to orchestrate London's 2012 Olympic bid, has launched a campaign in which he accuses Coutts of putting him into "safe" savings bonds marketed by deeply-troubled financial institution AIG, which had to be bailed out by the American government to the tune of $85 billion ([pounds]56 billion).

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Extract


Tycoon Prepares to Sue Queen's Banker for 'Losing' Millions

The tycoon is now lobbying other Coutts customers who are likely to be in the same position and has formed an action ...

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