An eminent banker, son of a Scotch advocate and baronet, born in Edinburgh; became partner in the banking firm of Messrs. John Coutts & Co.; two years later a new company was formed, of which he rose to be manager, and which in 1830 became the Union Bank of Scotland; he is author of a Life of his friend Beattie, the Scottish poet, and of "Memoirs of a Banking-House" (1739-1806).