Paschal Donohoe: Davy should make public statement on €4.1m fine
Fine is largest handed out to an Irish stockbroker but no personal sanctions imposed
Finance Minister Paschal Donohoe. Picture: Brian Lawless/PA Wire
Wed, 03 Mar, 2021 - 10:03
Paul Hosford, Political Correspondent
Finance Minister Paschal Donohoe has said Davy Stockbrokers should make a public statement on the circumstances around the record-breaking fine it was hit with on Tuesday.
The Central Bank imposed a €4.1m fine the largest ever handed out to an Irish stockbroker after Davy failed to supervise a group of 16 of its own employees in their personal account dealings in the sale of Anglo Irish bonds for a client of the firm in late 2014.
UK shares roar ahead of their continental peers as Covid-19 vaccine rollout hits its targets
Analysts are now talking about the potential for the British economy
Peter Brown at Baggot Asset Management said countries with the fastest vaccine rollouts will be the main beneficiaries of the economic rebound. Picture: iStock
Mon, 15 Feb, 2021 - 18:25
Eamon Quinn
UK shares roared ahead of their continental peers after Britain said it had vaccinated over 15m people, underlining the importance of the rollouts of vaccines in boosting the worst-hit Covid-19 economies.
Analysts are now talking about the potential for the British economy which suffered one of the worst death tolls and one of the largest economic contractions of the wealthiest nations last year to open up and rebound more quickly as its vaccine programme gathers pace.