NTMA paid Davy €14.2m in seven years before Anglo Irish bond scandal
The agency later terminated the stockbroker’s authority to act as main dealer in government bonds after it was fined heavily for double-dealing
Square deal on the cards for Irish businesses, says firm’s European executive director
Jason Lalor says Square, a €94 billion payment tech company co-founded by Jack Dorsey, sees Ireland as much more than a test bed for expansion into Europe
‘Very serious’ Davy breaches not criminal offences, says Central Bank
Regulator refuses to name the 16 people implicated in the scandal for which the stockbroker was fined €4 million
Dolphin Trust assets worth ‘a fraction’ of funds raised, Irish liquidator warns investors
Myles Kirby, the court appointed liquidator of Dolphin linked company MUT103, has said ‘it remains to be seen what funds, if any’, will be available to distribute to investors
Central Bank contacts Gardaí over Davy probe
The move is likely to heap even more pressure on the beleaguered stockbroking firm
Davy hired corporate governance expert a week before Central Bank ruling
Emma Murphy started in the role of joint company secretary in February after spending three years overseeing policies on market regulations at AIB
Former Davy chief executive quits board of Home Instead
Tony Garry, who retired from the troubled stockbroking firm in 2014, is one of 16 former executives linked to a controversial bond deal in that year
Brian Keegan: Money-laundering laws won’t work without sanctions for individuals
New criminal justice legislation will bring Ireland in line with EU, but it‘s only the first step
Davy hires London firm to carry out ‘forensic assessment’ of staff trading
The appointment of Alvarez & Marsal comes as Derville Rowland, the head of the Central Bank’s financial misconduct unit, said the regulator’s enforcement investigation had sparked “very serious consequences for the firm”
Comment: Ireland must be ready to seize the opportunity crypto-assets offer
With our well-earned reputation in both finance and technology, no country is better placed to capitalise when crypto-assets move beyond Bitcoin to become a mainstream regulated financial asset
Donohoe on the back foot in the wake of Davy debacle
After promising two years ago that senior executives would be made accountable for failings on their watch, the Minister for Finance is feeling the heat from opposition parties and the public
‘People did things that they probably wouldn’t, shouldn’t and couldn’t have done’
Former Davy employees describe a ferociously greedy company culture, as the stockbroker scrambles to assuage the doubts of its corporate clients
Pressure on new Davy chief over firm’s misleading of Central Bank
Sinn Féin’s Pearse Doherty calls for a wider inquiry into the embattled stockbroker, while the company could lose €100 million in value as a firesale is launched in the wake of the scandal
Five key takeaways as finance committee questions Central Bank over Davy case
Central Bank’s director of financial conduct said it ‘put a seminal fine’ on the stockbroker
Comment: Ireland is being used to launder the world’s dirty money and must take action
The government needs a strong strategy and the Gardaí need more resources to stop the country becoming a haven for corruption
Goodbody staff will still get bonuses as €135m takeover by AIB is approved
Stockbroker will not be subject to 89 per cent bonus tax but bankers’ pay cap will stay in place as part of deal, Minister for Finance says
Davy hit with record €4.1m fine for market breaches
The penalty over an Anglo Irish Bank bond trade is the largest ever issued to a stockbroker in Ireland
Bank of Ireland to shutter a third of its branch network across the island
Some 88 branches in the Republic and 15 in Northern Ireland will be closed this year
Changes to EIIS would benefit us all
Some may question seeking additional tax incentives or improving existing ones like the Employment Investment Incentive Scheme at a time like this, but that’s exactly when they’re most needed
Billy Kelleher: Digitisation of financial services requires complex and clever regulation
As the financial and digital sectors become ever more intertwined, the risks become greater, and a balance is needed between effective oversight and an open and attractive EU