In Ireland, Davy’s name has been heavily damaged in recent weeks. The ‘Davy 16’ story was headline news for weeks, one of the rare business stories that cut through to the public. The fiasco culminated with Davy putting itself up for sale. An Irish layperson might be forgiven for thinking the Davy name is so tarnished that it would struggle to find a buyer. But Davy picked a good time to have an existential crisis that culminated in putting itself up for sale. There is a wave of consolidation happening in European wealth management. A company like Davy, with €14…
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