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Ex-Coutts Banker Wins Dismissal Case
Tom Burroughes
10 November 2008
A former banker atCoutts was wrongfully dismissed from his job at the
Paul Scott was sacked from his job as senior private banker in July last year after a dispute about payments relating to a trip to the 2007 European Cup final football game. An employment tribunal in
Coutts declined to comment on the matter when contacted by WealthBriefing. A further hearing is due to be held to consider compensation to Mr Scott. In a summary of the case, the tribunal said that the case related to a trip to
Under the arrangement, a number of those paying into his personal account would make payments via the Clearing House Automated Payment System, which normally carries a fee of £25. However, Mr Scott indicated to these clients that fees would be waived in their cases, the tribunal report said. When the arrangement came to light, Mr Scott’s manager told him he should have made it clear to the travel party that the trip was personal and not connected to Coutts. A number of people going to the trip collected their tickets from Coutts’offices. Mr Scott was fired in July. He appealed the decision, which was rejected by Coutts. Giving its findings, the tribunal said “it was undoubtedly the case that Mr Scott had discretion to waive such fees and the purpose of such a waiver was clear”. The report said it had never been alleged that Mr Scott derived any direct personal benefit from waiving the fees.