Patrick Kearney’s Kilmona Holdings previously sued Davy in 2015 in relation to the deal, settling his case. Photograph:

Belfast property developer Patrick Kearney has launched a lawsuit against Davy and the group of 16 former employees who were on the other side of a 20(...)

Bernard Byrne said Davy was ‘committed to working as hard as we can’ to restore clients’ trust. Photograph: Sasko Lazarov/

Davy’s interim chief executive, Bernard Byrne, told clients in a video message on Monday that he will personally ensure that the buyer of the embattle(...)

Davy staff were told by interim chief executive Bernard Byrne: “We have an important duty to our clients to be fair, and we have one chance to reset the agenda.” Photograph: Gareth Chaney/Collins

Davy’s interim chief executive, Bernard Byrne, has hired a former colleague and head of customer care at AIB to help in his efforts to rebuild client(...)

The  crisis has resulted in the exit of all of the remaining 16 employees in the firm who took part in the ill-conceived trade, including former chief executive Brian McKiernan, former deputy chairman Kyran McLaughlin (above) and Barry Nangle.

As Davy sought during the financial crisis to pay down debt following a top-of-the-market €316 million management buyout of the business in 2006, a sm(...)

Of the 13 Irish companies on the Iseq 20 that use Davy as a corporate broker, 11 have so far declined to comment on the actions of the firm. Photograph: Sasko Lazarov/

Senior executives in AIB and Goodbody Stockbrokers were bracing themselves for political and public pushback as they prepared to confirm at 2pm on Tue(...)

The Central Bank of Ireland has fined stockbroker Davy €4.13m for breaching market rules in relation to a transaction involving the broker’s own staff. Photograph: Sasko Lazarov/

When the Central Bank of Ireland told the partners of Bloxham heading into the final weekend of May in 2012 that the game was up for the country’s the(...)

A group of 16 Davy staff sought to make a profit without telling the client for whom it was acting or the firm’s compliance team. File photograph:  Aidan Crawley

Minister for Finance Paschal Donohoe has called on leading financial firm Davy to issue a public statement after it was hit yesterday with a €4.1 mill(...)

Fine relates to a bond deal in which a group of 16 staff sought to make a profit without telling the client or the stockbroker’s own compliance officers. Photograph: Gareth Chaney/Collins

The Minister for Finance Paschal Donohoe has called on Davy to issue a public statement after the brokerage was hit by a €4.1 million Central Bank fin(...)

A judge has ruled that Northern Ireland developer Patrick Kearney has raised an arguable defence to a fund’s claim for about €16.9 million summary ju(...)

The ‘Sunday Business Post’ has reported that the Central Bank was investigating the bonds transaction following a complaint. Photograph: Aidan Crawley

The Central Bank is investigating stockbroking firm Davy over the sale of former Anglo Irish Bank bonds by developer Patrick Kearney. Mr Kearney, on(...)

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