Banque Havilland S.A., the Luxembourg based independent private bank, announces its acquisition of a majority stake in the private banking business of Banque Pasche AG, Liechtenstein.

On 30th September 2014 Banque Havilland S.A. has acquired their majority stake from Banque Pasche (Geneva) SA in their Liechtenstein subsidiary. This acquisition enhances Banque Havilland's international private banking presence for Ultra High Net Worth clients particularly those from regions with high growth potential.

Jean-François Willems, CEO, Banque Havilland S.A. said: " This acquisition further reinforces the Banque Havilland Group's offer for clients and supports our on-going strategy of building a private banking business for sophisticated international clients with complex investment and wealth structuring needs who are looking for discretion and exceptional service."

The new subsidiary has been renamed Banque Havilland (Liechtenstein) AG and will remain in its current offices in Austrasse 61, LI - 9490 Vaduz.