Fexco

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While the volume of car imports is up by 12.56 per cent year on year, the amount spent on those imports has risen by 14 per cent, according to Fexco. Photograph: Adrian Dennis/AFP/Getty Images

While the Irish car market has been swamped by an ever-increasing tide of relatively cheap, used cars imported from the UK, there could be a reduction(...)

Goodbody’s managing director Roy Barrett and the firm’s other senior managers will remain with the business under the terms of the deal.

Chinese player Zhongze is buying Goodbody Stockbrokers in a deal widely reported to be worth €150 million. Goodbody’s majority owner, financial servi(...)

Roy Barrett, who has led Goodbody for more than two decades, will remain at the helm following a takeover by Chinese government-backed Zhong Ze Culture Investment Holdings. Photograph: Eric Luke

Goodbody Stockbrokers and its majority owner Fexco are set to unveil the terms of the securities firm’s planned takeover by a Chinese group next week (...)

Fexco was founded in 1981 by chairman Brian McCarthy. The company has operations in 29 countries and employs more than 2,300 people globally.

Kerry-based financial services group Fexco is to create 175 jobs over the next three years as part of an expansion at its Killorglin headquarters. Th(...)

The Cayman Islands’ premier said the UK move to open up company directorship registers in overseas territories smacked of “colonial despotism”. Photograph: David Rogers/Getty Images

This week’s move by the British government to direct its 14 overseas territories, places such as the Cayman Islands and Bermuda, to whip the kimono f(...)

Joe Redmond, managing director of the retail foreign exchange division at Irish company Fexco.

Kerry-based financial services group Fexco has acquired UK foreign exchange operator Changelink for an undisclosed sum. Set up in 1972, Changelink is(...)

A deal to acquire Goodbody would provide the Chinese with a European Union-regulated entity. Photograph: Dara Mac Dónaill

Goodbody Stockbrokers’ managing director moved on Monday to reassure his 310 staff that there would be no job cuts or strategy change after it emerged(...)

Building firms spent about 35 per cent less on UK goods and services in November

Irish construction firms have cut spending on imports from Britain due to a rebound in sterling’s value that could put pressure on house prices locall(...)

AIB is among a number of parties circling the Irish unit of South African financial services group Investec in what sources are describing as a competitive process

AIB is in early talks to acquire investment and stockbroking firm Investec Ireland, a month after the bailed-out lender exited a European Union state-(...)

The EU Payments Services Directive 2 is aimed at giving non-banking firms including tech giants such as Amazon, Apple and Facebook a chance to compete with traditional banks in the payments business. Photograph: Cyril Byrne

Consumers and retailers will have more choice when it comes to making payments for products and services under new rules coming into force this weeken(...)

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