Banque Havilland

Banque Havilland S.A. is a private bank headquartered in Luxembourg. It is owned by the Rowland family and provides services in private banking, wealth and asset management as well as fund services to private clients and institutions. Banque Havilland has nine offices these are based in Luxembourg, Liechtenstein, Monaco, United Kingdom, Dubai and Switzerland.[2]

Banque Havilland S.A.
Private Company
IndustryFinancial services
FoundedJuly 10, 2009 (2009 -07-10)[1]
Headquarters
Number of locations
7
Key people
David Rowland (owner=
Lars Rejding (CEO)
ServicesPrivate banking
Asset management
Wealth management
Investment funds
Trading
Websitewww.banquehavilland.com

History

Banque Havilland obtained a banking license in Luxembourg in 2009.[3] David Rowland and his son Jonathan achieved this by obtaining the good bank of the failed Kaupthing Bank Luxembourg via their investment company Blackfish Capital. The bad bank was renamed Pillar Securitisation, for which Havilland acted as administrator.[4]

It opened its first overseas entity in Monaco by acquiring Dexia Private Bank S.A.M. from Dexia Banque Internationale à Luxembourg in 2012.[5] A year later, in 2013, it launched its London branch[6] and acquired a majority stake in Banque Pasche (Liechtenstein) AG and 100% of shares in Pasche Bank & Trust Limited forming two new subsidiaries Banque Havilland (Liechtenstein) AG[7] and Banque Havilland (Bahamas) Ltd.[8]

In 2016, Banque Havilland acquired Banque Pasche S.A. in Switzerland allowing it to start operating in Switzerland, both in Geneva and Zurich.[9] Moreover, through its acquisition of Banco Popolare Luxembourg S.A. from Banco Popolare, the bank extended its services to institutional clients.[10]

In November 2017, leaked emails showed that Yousef Al Otaiba, ambassador of the United Arab Emirates in the United States, allegedly had hired Banque Havilland to draw up a plan on how to start a financial war against Qatar.[11] Since 5 June 2017, several countries abruptly cut off diplomatic relations with Qatar for their alleged support for terrorism.

References

  1. "Ouverture officielle Banque Havilland en présence de S. A. R le Duc d'York K. G." [Official Opening of Banque Havilland in the presence of HRH the Duke of York, KG]. Paperjam.lu. Retrieved 15 February 2017.
  2. "Contact Us". banquehavilland.com. Archived from the original on May 11, 2017. Retrieved January 3, 2019.
  3. "Le Président du Conseil d'Administration et la Direction sont heureux d'annoncer l'ouverture de "Banque Havilland S. A." prévue ce lundi 13 juillet 2009". Paperjam.lu. Archived from the original on 2018-07-30. Retrieved 15 February 2017.
  4. Ward, Andrew; Pignal, Stanley (12 February 2010). "Luxembourg raids over Kaupthing failure". Financial Times. Retrieved 10 November 2017.
  5. "Banque Havilland acquires Dexia Private Bank Monaco". Investmenteurope.net. Retrieved 15 February 2017.
  6. "Havilland ouvre un bureau à Londres" [Havilland opens an office in London]. Paperjam.lu (in French). Retrieved 15 February 2017.
  7. "Acquisition of Banque Pasche private banking business in Liechtenstein". Paperjam.lu. Retrieved 15 February 2017.
  8. "Banque Havilland expands its international network to the Bahamas". Paperjam.lu. Archived from the original on 30 July 2018. Retrieved 15 February 2017.
  9. "Banque Havilland S. A. acquires Swiss bank, Banque Pasche S. A." abbl.lu. Archived from the original on 2017-02-16. Retrieved 15 February 2017.
  10. "Banque Havilland S. A. acquires Banco Popolare Luxembourg S. A." abbl.lu. Archived from the original on 2017-02-16. Retrieved 2017-02-15.
  11. Grim, Ryan; Walsh, Ben (9 November 2017). "Leaked Documents Expose Stunning Plan to Wage Financial War on Qatar — and Steal the World Cup". The Intercept. Retrieved 15 November 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.