Page 5 - Barry Nangle News Today

How did the broker end up being fined €4m and what happens next?

The troubled stockbroker’s CEO and two other senior executives have resigned over a 2014 bond deal that resulted in a €4.1m fine from the Central Bank

Fianna Fáil TD and Chairman of the Oireachtas finance committee John McGuinness has said the Central Bank has all the answers on Davy stockbrokers but it is restricted by legislation as to what it can say to the committee.

Davy Stockbrokers are, sadly, too big to fail. This weekend, the firms solid edifice in Dublins Dawson street is all that remains upright. Inside, the staff are staggering but still standing. Customers are bewildered, worried that their pensions, shares and savings are at the mercy of a rogue outfit. The Government is shaken by the antics of its favourite stockbroker. Last weeks fine of €4.1m, imposed on Davy by the Central Bank, has revealed a tale of intrigue, deceit and greed. Yet Davy wil...

Group of 16 involved in rogue bond trade own at least 33% of stockbrokers

CEO of Top Irish Securities Firm Davy Resigns After Scandal Mar 08 2021, 12:13 PM March 06 2021, 6:45 PM March 08 2021, 12:13 PM (Bloomberg) -- Brian McKiernan, chief executive of Ireland’s biggest securities firm Davy, resigned after regulators accused the company of a “lack of candor” in dealing with one of the worst scandals to hit Dublin’s stockbroking community in years. (Bloomberg) -- Brian McKiernan, chief executive of Ireland’s biggest securities firm Davy, resi...

Three senior executives at Davy Stockbrokers resigned yesterday amid mounting pressure after a Central Bank of Ireland finding on Tuesday that the company had acted “recklessly” in its handling of a

The ex-CEO of Ireland's largest stockbroker Davy says he is sorry after the firm was fined £3.4m.

Bernard Byrne, deputy CEO of Davy, has been appointed interim CEO

Three senior Davy figures have resigned from the financial services firm days after the Central Bank issued it with a €4.13m fine.