How Can Anyone Trust Davy Stockbrokers Anymore?
8 March 2021 - 16 minsDavy Stockbrokers has been suspended as a primary dealer in Irish government debt as the fallout from a bond-deal scandal continues.
Last week the Central Bank fined Davy €4.13 million in relation to a transaction in November 2014 involving 16 of the broker's own staff.
The fine was the biggest of its kind ever levied on a broker in Ireland.
It was announced yesterday that CEO Brian McKiernan, non-executive Director Kyran McLaughlin and Head of Bonds Barry Nangle had resigned from their positions.
Former Minister and stockbroker Shane Ross joined us to discuss this.
[audio mp3="https://media.radiocms.net/uploads/2021/03/08172843/LW-Davy1.mp3"][/audio]
Series Episodes
From Nights Out To Insurance Premiums, Ireland’s Young People Are Being Priced Out Of Everything
22 mins
21 May Finished
GAA: Dublin Beat Galway In Salthill, Limerick Lay Down A Marker Against Cork
22 mins
20 May Finished
The Last Word on TV and Streaming: Ireland Gave Israel 10 points in Eurovision Final
14 mins
19 May Finished
