Stripe founders Patrick and John Collison.

Who are Stripe? Founded in 2010 by Irish brothers Patrick and John Collison, Stripe is an online payments company that has just been valued at $95 bi(...)

The fee-extracting economy, known as the rentier economy, is one that rewards people who don’t produce anything but extract fees from property. Photograph: MilanEXPO

The Davy debacle has many angles, most of them unsavoury. One, not being adequately investigated, is the effect on an economy that attracts bright peo(...)

The offices of Davy stockbrokers in Dublin. Davy was for many years the central player in stocks and shares and in corporate finance. Its competitors did not like it – and it did not care. Photograph: Niall Carson/PA Wire

“It will be like Game of Thrones in there,” one long-time observer of the financial scene in Dublin put it last week as the fallout developed from the(...)

The technical language of the Central Bank’s report on Davy has the effect of pulling punches. Photograph: Sasko Lazarov/

It is six years to the day tomorrow since the story of the Davy bond-trading scandal broke. Investigating it took so long, the Central Bank’s Dervil(...)

Davy formally put itself up for sale on Thursday evening. Photograph: Niall Carson/PA Wire

Minister for Finance Paschal Donohoe said on Friday that a sale of Davy will require “absolute clarity” on whether a bond-deal scandal that has rocked(...)

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(...)

The NTMA plans to raise €16-€20 billion in the bond markets in 2021.

The National Treasury Management Agency (NTMA) raised a further €1.5 billion on Thursday with a bond auction, taking the total value of benchmark bond(...)

Stockbroker Davy is expected to hire an overseas investment bank to manage the sale of the firm. Photograph: Sasko Lazarov/

Former executives at Davy who were at the heart of a bond-trading scandal that has rattled the stockbroking firm – and are still shareholders in it – (...)

Any potential buyer of Davy would be conscious of the need for extensive due diligence. File photograph: Gareth Chaney/Collins

Bank of Ireland has made an exploratory approach to Davy about the possibility of doing a deal, should the crisis-stricken stockbroking firm seek to f(...)

Davy is preparing to hire an outside firm to carry out an independent review of matters arising from the Central Bank’s findings.  Photograph: Niall Carson/PA Wire

Davy’s interim chief executive Bernard Byrne promised the stockbrokerage’s 700-strong workforce that the firm would move quickly to try to address fai(...)

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