Review of Davy can investigate staff trades prior to Anglo bond deal

Trades carried out prior to the controversial ‘Davy 16’ deal in 2014 will be scrutinised if they appear problematic in nature

21st March, 2021
Review of Davy can investigate staff trades prior to Anglo bond deal
Gabriel Mahklouf, the governor of the Central Bank of Ireland may take steps to get a review of Davy

The external team reviewing staff trading at Davy Stockbrokers since 2014 will be free to investigate earlier trades if they uncover issues which cause concern, the Business Post has learned.

The embattled stockbroker announced the appointment last week of Alvarez & Marsal to conduct a “forensic assessment” of relevant staff trading from 2014 to 2021, but it is understood that activity before this will also be covered if deemed necessary.

The review is designed to give...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Ian Guider: We have never been serious about tackling financial wrongdoing

Davy Ian Guider 1 month ago