Finance

Monaco Bank With Ties to Prince Andrew Nears Sale to Fintech Investors

The Banque Havilland SA headquarters in Luxembourg.Photographer: Olivier Matthys/Bloomberg

Three investors are preparing to relaunch the Monaco-based arm of Banque Havilland SA, almost a year after the wider banking group lost its European license over concerns about its internal controls.

Monzo and Starling Bank co-founder Jason Bates, Ukrainian tech investor Maksym Koretskiy, and Scottish billionaire Jim McColl are involved in the attempted purchase and revamp, according to documents dated May seen by Bloomberg News.