Elvinger Hoss Prussen assisted Havilland S.A. with the sale of its institutional banking business.

Elvinger Hoss Prussen assisted Banque Havilland S.A. with the sale of its business of providing fund depositary and custody services and related services to Banco Inversis, subsidiary of the Spanish financial institution Banca March, who will take over the business and its clients subject to regulatory approvals by means of a newly established Luxembourg branch.

The team was led by partners Pit Reckinger and Henri Wagner, assisted by senior associates Tiago Nogueira, Floris Van Rymenants and associate Lola Weyrich.