Companies Financial advisory firm Metis Ireland buys Davy out of stake in company Firm now wholly owned by board members and senior management, including Carl Widger and former Dublin GAA footballer Paddy Andrews
Banking AIB senior bankers get FSU help for Goodbody transferFinancial Services Union to aid executives with contracts and pension arrangements following bank’s acquisition of stockbroking firm
Banking Bank of Ireland reaches pension deal with senior bankers moving to DavyTwenty private client managers will be compensated for giving up their defined benefit pension entitlements as part of the transfer to stockbrokers Davy, which Bank of Ireland acquired last year
Housing Number of new homes started falls by double digits as building slowsThe building slowdown was most pronounced in the second half of 2022, with 12,800 units commenced, a 16 per cent fall from the same period in 2021
Banking Bank of Ireland on a high, but now analysts wait to see what O’Grady saysChief executive Myles O’Grady will be facing pressure from investors to increase dividends to shareholders – and will also be looking to cut costs, boost the bank’s green credentials and improve the gender balance of the leadership team
Housing Housing completions to drop 8% in 2023, falling short of government target, analysts sayDavy predicts 27,500 home completions this year – even as the government targets 29,000
Economics Ireland’s economic growth could be double previous estimates – DavyStockbroker says Europe could avoid a recession as ‘global outlook looks a little less challenging’ than before
Legal Judge amends O’Connor judgment in Davy 16 caseTony O’Connor was incorrectly named as being present at meetings in a Dublin hotel where alleged fraudulent misrepresentation took place
Banking Senior bankers turn to union as negotiations over move to Davy stallIt is understood that Bank of Ireland plans to transfer up to 30 private client managers from its in-house wealth management unit to Davy, but the move is not going smoothly
Legal Judge cites possible ‘clandestine activity’ as ex-Davy executives lose court challengePaddy Kearney, a Northern Ireland developer, is suing Davy and 16 former executives at the stockbroker
Gender Equality Gender pay gap reports should motivate firms to change, says union‘The biggest motivator for companies is the damage that can be done to their brands,’ says Laura Bambrick of Ictu
Housing British weapons dealer sells Irish houses to Davy investment fundBAE systems made €2.4m profit by divesting itself of 43 second-hand Irish homes less than a year after buying them
Politics Finance official leaked confidential Siteserv sale details while at DavyA list of bidders for Siteserv was disclosed by Des Carville – now a senior civil servant in the Department of Finance – to a corporate finance consultant, who passed on the information that would ultimately alert Denis O’Brien to the sale
Banking Bank of Ireland profits dip amid economic uncertainty Bulk of the decrease was driven by a €46 million impairment charge taken by the bank
Companies Analysts to review next year’s forecasts for Grafton GroupThe hardware business’s revenue for the first half of 2022 is up but the general macro-economic situation is uncertain, according to Davy Stockbrokers
Companies Bank of Ireland completes €593m acquisition of Davy stockbrokersThe final sale price of the embattled stockbroking firm is slightly lower than the €605 million price tag originally announced last July
Francesca McDonagh leaves mixed legacy at Bank of Ireland as she heads for Credit SuisseOutgoing chief executive’s performance examined under six key headings
Davy shelling out bumper prices for houses already leased to Limerick Council Several investors have flipped properties to the fund at double what they paid for them a year previously, following social housing lease agreement
Foot Locker accused of using ‘economic muscle’ to avoid paying rentSportswear retailer tries to overturn High Court order in first Court of Appeal hearing of pandemic-related rent ruling in Ireland
Davy fails in application to force developer to provide further details of alleged fraud against firmJudge says he is satisfied that pleadings in place ‘go significantly beyond mere assertion of a fraud against Davy’ in relation to Anglo bond deal in 2014