Matt Cooper: Davy has form, but it might not be business as usual this time

Financial sleight of hand and Davy have a history, beginning in 1993 with a corporate/political crossover scandal involving the sale of the state’s Greencore shares

7th March, 2021
Matt Cooper: Davy has form, but it might not be business as usual this time
The entire Anglo Irish Bank bond debacle may have cost Davy shareholders anywhere between €10 million and €15 million to date

Davy’s lunchtime announcement yesterday that three key figures in the business - Brian McKiernan, Kryan McLaughlin and Barry Nagle - have resigned their positions goes nowhere near resolving the issues arising out of one of the biggest corporate scandals of 21st-century Ireland.

Many big questions remain unanswered and many big decisions remain to be made as to how and if customers, most notably the Irish state, can continue to deal with a company...

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