New Shareholders Committed to Stability and Innovation in Private Banking
Monaco, 06/08/2025 – A consortium of prominent international investors today announced the completion of their acquisition of Banque Havilland (Monaco) SAM, securing its stability and paving the way for exciting future growth.
This acquisition, approved by Monaco’s Commission de Contrôle des Activités Financières (CCAF) and France’s Autorité de Contrôle Prudentiel et de Résolution (ACPR), guarantees immediate continuity for clients and staff. The takeover also establishes the Bank as Monaco’s sole locally headquartered and independent, privately owned bank, which will operate under the new brand; Moncrief Private Bank (Monaco) SAM from Q4 2025
Clients will experience uninterrupted service, with existing products, services, and relationship managers remaining in place.
The new shareholders prioritise continuity as its immediate strategy, while also planning to develop new products and services in the coming months.
The new shareholders bring expertise in business management, fintech innovation, and wealth management. The consortium includes:
- Jason Bates: A fintech entrepreneur and co-founder of the digital banks, Monzo and Starling.
- Maksym Koretskiy: A Wealthtech entrepreneur with over 20 years’ expertise in private banking and wealth management.
- Jim McColl: An experienced investor and business leader with a track record in acquisitions and strategic leadership. A Monaco resident for over 25 years.
The new shareholder’s vision is to enhance private banking by combining personal relationship management with advanced digital technology, improving service offerings.
"This acquisition marks a new chapter for the bank", Patrick Dauguet, Moncrief's CEO said, "The combined expertise of the new owners will, not only bring more stability and excellence to the business, but their vision for a new digital offering in the region will bring an added value to our clients over the coming years.”