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, 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.

Type	Private Company
Industry	Financial services
Founded	July 10, 2009[1]
Headquarters	Luxembourg
Number of locations	7
Key people	David Rowland (owner) Lars Rejding (CEO)
Services	Private banking Asset management Wealth management Investment funds Trading
Website	www.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 purported to show that Yousef Al Otaiba, ambassador of the United Arab Emirates to the United States, 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 including UAE have abruptly imposed embargo on Qatar symbolised as "cutting-off diplomatic ties" for their alleged support of what they define as terrorism and strengthening ties with Iran and Turkey following social media reports of UAE already suppressing Qatari state-sponsored Al Jazeera Media Network by the former's state-owned telecom duopolies removing the channels from their lineup and banning their official websites since approximately a month earlier and expelling Qatari citizens with the 2-week deadline as well as ordering their own nationals to return from Qatar since the seemingly abrupt blockade. This included intense information warfare by some of those countries involved in the unilateral crisis.

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.