Investing

Central Bank levies should be used to repay clients of failed investment firms

The decision to shutter Blackbee was a shock to clients and the outside world which had largely seen the firm as a success story

David O'Shea, founder of Blackbee Investments, which had more than €180 million of assets from 1,300 clients before it was liquidated a year ago. Picture: John Allen

A year has passed since the Central Bank moved to appoint liquidators to Cork-based Blackbee Investments. With more than €180 million of assets from 1,300 ...