Threat of withdrawal of banking licence for Banque Havilland: ALEBA stands by employees

Following the concerns expressed by many of its members, ALEBA has met with members of the Banque Havilland staff delegation to provide them with the best possible advice in the face of the threat of a possible imminent withdrawal of the operating licence by the European Central Bank (ECB) and the Commission de Surveillance du Secteur Financier (CSSF).

Although neither the ECB nor the CSSF have wished to comment on or confirm this possible decision, ALEBA remains extremely concerned about the fate of the 132 employees in Luxembourg. It is calling for the utmost social responsibility on the part of the current management to ensure the best possible support for the employees, who would all be hard hit.

In such a critical context, ALEBA undertakes to provide all employees with its unconditional support and sound advice to safeguard their best interests.

Furthermore, ALEBA expresses its incomprehension and disapproval of this situation: it is inconceivable that, once again, employees should have to suffer the consequences of the presumed irresponsibility of some in failing to comply with the obligations imposed by the regulator.