Drummonds Bank

Messrs. Drummond is a British private banking house founded in 1717 by Scottish goldsmith Andrew Drummond. The bank is part of The Royal Bank of Scotland Group.

History

Goldsmith Andrew Drummond (1688–1769) founded the bank in 1717. The bank remained within the Drummonds family until 1924 when the bank was purchased by The Royal Bank of Scotland. The bank was the first acquisition for the Royal Bank south of the Scottish border and would be the first step in the bank's development into the largest bank in the world in terms of assets.

The bank offers a variety of services to its private clients, including wealth and asset management. It has had its headquarters at 49 Charing Cross in London since 1760. The building was reconstructed in 1877 to 1881; Admiralty Arch was built and The Mall laid out nearby shortly after.

In 1992, the military bank of Holt & Company was absorbed by Drummonds; it continues to operate as Holt's Military Banking, based in Farnborough offering private banking tailored to the needs of officers.