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Banque Havilland, execs schemed to attack Qatar's currency, UK's FCA tells court

By Martin Coyle ( September 16, 2025, 15:21 GMT | Insight) -- Banque Havilland adopted a “covert and manipulative” trading strategy to attack Qatar’s currency at the bidding of its top executives, the UK’s financial regulator has told a UK court. The Luxembourg-based private bank, which has seen its operations closed in the UK, and the employees have opposed the fines and bans. Their appeal hearing at the Upper Tribunal in London opened yesterday.Banque Havilland adopted a “covert and manipulative” trading strategy to attack Qatar’s currency at the bidding of its top executives, the UK’s financial regulator has told a UK court. ...

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