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Davy disease is endemic and must be rooted out

Davy Stockbrokers are, sadly, too big to fail. This weekend, the firm s solid edifice in Dublin s 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 week s fine of €4.1m, imposed on Davy by the Central Bank, has revealed a tale of intrigue, deceit and greed. Yet Davy will survive. In Ireland s financial jungle, Davy is the uncrowned king. Powerful people are at the top of this greasy pole.

CEO of Top Irish Securities Firm Davy Resigns After Scandal

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, 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. The board has also accepted the resignations of Kyran McLaughlin as a non-executive deputy chairman and Barry Nangle as head of bonds, the Dublin-based firm said in a statement Saturday. Bernard Byrne, deputy CEO, has been appointed interim chief executive.

فضيحة مالية تطيح بالرئيس التنفيذي لأكبر شركة تداول في أيرلندا

فضيحة مالية تطيح بالرئيس التنفيذي لأكبر شركة تداول في أيرلندا
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