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

Aaron Rogan

News Correspondent @aarrogan

Barry J Whyte

Chief Feature Writer @whytebarry
14th March, 2021
Pressure on new Davy chief over firm’s misleading of Central Bank
Davy: Events since the Central Bank’s €4.1 million fine was announced have caused concern about the stockbroker

Political pressure is mounting on Bernard Byrne, the interim Davy chief executive, to explain his actions on the firm’s board as the stockbroker challenged the Central Bank investigation into double-dealing.

Pearse Doherty, the Sinn Féin finance spokesman, has called for a wider inquiry into Davy and said that Byrne, the former AIB boss who was appointed deputy chief executive of Davy in 2019, needed to answer questions over the firm’s interactions with the...

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