Former Davy owners secure €48m settlement with Bank of Ireland to resolve legal disputes
Ailmount sued bank in July 2023, claiming it had failed to make a payment of €19.7m due as part of the acquisition
Ailmount sued bank in July 2023, claiming it had failed to make a payment of €19.7m due as part of the acquisition
Bank won’t how many jobs it aims to cut but the number will need to run into the hundreds to have any meaningful impact
European Central Bank on course to cut rates to 1.75 per cent next year
Entity manages St Stephen’s Green Shopping Centre on behalf of clients
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Government report recommends change on tax rate and offsetting of losses but it will be for another government to put in place
Davy expects full-year deal volume to exceed 400 transactions
Drama bigs up Adams-Trimble encounter; Saoirse Ronan gets a knock-back; buskers object to Grafton Street development; and Sabina Higgins takes on a woolly role
The chief of the leading financial services provider stresses the importance of keeping Irish companies Irish for as long as possible
Sharper falls in European Central Bank interest rates next year will reduce the net interest income bonanza
An Bord Pleanála was to have published its decision on September 23rd
Analysts from Davy Stockbrokers said last month that some 400 transactions are expected in 2024
CSO data shows prices are still rising strongly and supply remains as big an issue as ever
Housing crisis: Affordability is declining faster than in the US, UK, Australia, Germany or Spain, says Savills
Broker Davy expects as many as 400 deals this year
Building materials group hails ‘robust’ figures as it increases full year guidance in contrast to sector rivals
Convenience food group said it expects full-year adjusted operating profit to be in a range of £88m-£90m
Executive will lead bank’s new wealth and insurance division, including the stockbroking unit
Stephen Keogh previously spent five years as head of the firm’s London office
Bernard Byrne, who took charge of the business in 2021 and oversaw its sale to Bank of Ireland, announced his intention to leave the firm last year
Ailmount Investments Ltd has already brought proceedings against lender over deferred payment of €15.3m
Lender formally holds back on paying out about €15m of original sale price
During the Davy/Sinn Féin jaunt to London, Pearse Doherty assured investors that his party would not attempt to upend the Irish economic model
Ailmount Limited also suing bank claiming it is owed €20m as part of acquisition of stockbroking firm
Appointment likely to come from wider Bank of Ireland group or further afield rather than from internal Davy candidates
Firm says talks continuing with parties interested in making a ‘strategic investment’ in the business
Evelyn Partners Investment Management (Europe) Limited is the group’s hub for providing services to clients in Ireland and other EU countries
Group put together by Davy to meet finance spokesman Pearse Doherty included investors in government bonds, Irish banks and other businesses here
The best news, analysis and comment from The Irish Times business desk
Analysis by stockbroker Davy notes the number of transactions whose price was disclosed was ‘significantly lower’ than in the first quarter of 2023
Exits of heavyweights from Dublin stock market have triggered concern in the industry as to its future viability
Limerick-based company aims to double €365m in funds under management
Latest CSO residential property price index shows prices rose by 5.4% on an annual basis in January
Company representing Amber Note Unlimited Co, the parent firm that constituted the Davy Group, claimed BoI failed to make a post-completion payment
Shares in titanium minerals miner are down 33% over past 12 months with investors unsettled by disappointing trading update before Christmas
Áine Cornally set to join Cantor Fitzgerald Ireland’s leadership team to assume the role of chief operating officer
Total deal volumes fell 9% in 2023, according to Davy Corporate Finance, against backdrop of global slump
Analysts mark down profit expectations for Irish lenders as interest rate dynamics mean lower return on excess savings and more competition
Davy does not expect a repeat of 2023 as recent market activity highlights broader recent rally in S&P 500
Grant of planning permission comes four years after Davy Stockbrokers fund bought hub for €175m on behalf of clients
Byrne talks about his difficult time with AIB, dealing with the Anglo bond sale scandal at Davy, and the future of the stockbroking firm after he departs
The best news, analysis and comment from The Irish Times business desk
Former AIB chief executive joined Davy in early 2019 and took over the running of the firm in March 2021 as senior figures exited in the wake of a Central Bank fine
Analysis from Davy predicts that as little as half of RESS1 and RESS2 projects will actually be delivered
Seen & heard: McEvaddys consider terminal bid; opportunity in tech job losses; stockbrokers retrench; Quintain funding; and Cathal Brugha plan
Bank says that some mortgage customers coming off fixed-rate periods are now opting for variable rates for the first time in years
UK-born banker found herself at the epicentre of Europe’s biggest banking crisis in more than a decade while at Credit Suisse
The company board has said it will commence the search for a new chief financial officer ‘imminently’.
Q&A: Departure of Dublin’s stock market kingpin has left a lot of small shareholders looking for answers
Irish-founded group says its operations in Gabon are unaffected by ongoing political instability
MacCoille has spent the past 13 years with Davy, which has been owned by Bank of Ireland since June last year
Carrier has returned more than €6.8bn to investors between 2008 and 2020, but has never paid a regular dividend
Head of wealth management Pat Cooney resigned as director of Ailmount Investments
Judge told there had been extensive efforts to resolve dispute but they were not successful
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