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Former Davy chief: There were no findings against any of the shareholders – none whatsoever

25th July, 2021 Brian McKiernan himself is set to walk away with more than €70 million from the sale of the firm to Bank of Ireland. Brian McKiernan, the former chief executive of Davy, has hit back at the widespread criticism of the stockbroker over recent months, describing the public outcry and media reaction to the Central Bank’s record fine over the firm’s role in the infamous Anglo Irish Bank bond deal as a “gross misunderstanding” of what happened. Speaking exclusively to the Subscribe from just €1 for the first month! €-EUR

Broken bonds: As Bank of Ireland pays over €600m for Davy stockbrokers, is it right that those who caused the sale are reaping the rewards?

25th July, 2021 Brian McKiernan ended last week around €70 million richer than he started it. But the former chief executive of Davy stockbrokers is keeping his head down about it. McKiernan hasn’t spoken publicly since March when Davy was fined a record €4.1 million by the Central Bank after the regulator found that the firm had been in breach of market rules over a now notorious bond deal from 2014. In that deal, 16 of Davy’s. Subscribe from just €1 for the first month! €-EUR

Does sale of Davy draw a line under the controversy?

Does sale of Davy draw a line under the controversy?
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