Davy controversy smacks of proxy battle between Old and New Ireland The crucial difference to other financial scandals is that the decision-makers were immediately identifiable
Sat, Mar 13, 2021, 05:00
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The Government will hope that whoever takes on Davy takes it as one business, rather than buying just the wealth management side. Photograph: Gareth Chaney/Collins
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Is there a bit of Old Ireland versus New Ireland in the reaction to the Davy scandal?
In Ireland’s business world, the Old Ireland gang, whose pension and share portfolio is probably managed by the brokers, is agog reading all about it. They will regret not being able to go to the golf club at the weekend to discuss whether they should “move their money”. But is this group, while shocked by the details of what happened, also somewhat surprised at the huge reaction to
Developer Johnny Ronan plans new assault on London property market Seen & Heard: Bank bonuses; Abercrombie closes; and Deliveroo driver windfall
Sun, Mar 7, 2021, 12:49
Johnny Ronan. Photograph: Bryan O’Brien
Developer Johnny Ronan has told the Business Post that he is pursuing a return to the London property market. He expects to have his first project in there next year. The paper writes that Ronan’s company has “ambitions on the scale of Battersea” for the city. Treasury Holdings, led by Ronan and Richard Barrett, was the latest developer to be undone by plans for the former power station when the financial crash hit in 2008.