Goodbody staff are waiting for a decision from Fexco, the company’s 51 per cent owner, over who is to be their new parent company. The decision is believed to be down to Davy and Bank of China, with Irish Life a distant third. A lot is at stake. Davy and Bank of China are very different companies with very different plans for Goodbody. Bank of China is the fourth biggest bank in the world by assets ($3 trillion if you’re wondering). But for its size, it’s not very global. 92.5 per cent of its assets are in China, Hong Kong,…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.