Logo Logo + WSJ
Logo + WSJ
  • Stories
  • Voices
  • Podcasts
  • Search
  • Log In
  • Subscribe
  • Stories
  • Voices
  • Podcasts

Follow Us

Full coverage: Davy

After selling the business in three deals, Davy shareholders are in for a giant payday (in 2024)

Davy looks to have maximised returns to shareholders by selling itself off in three parts. In the biggest deal, Bank of Ireland is to buy Davy's wealth management and capital markets business for €440m but retains strong protection against risk.

Sean Keyes
22nd Jul, 2021 - 7 min read

Davy’s former CEO could double his investment in the firm. And he is not alone. Here is how

Brian McKiernan and five other former executives are on the exclusive list of those who both benefited from the infamous deal that saw Davy fined €4m, and now stand to reap rewards from the resulting sale of the firm.

Thomas Hubert
6th Jul, 2021 - 4 min read

Prize assets, “sabotage” and Davy Hickey: Investors led by David Shubotham launch a shareholder war

In a shareholder oppression suit, former top partner at Davy David Shubotham claims assets like Citywest and the Sugar Club on Leeson Street were transferred out of DHP at a significant undervalue.

Francesca Comyn
17th May, 2021 - 4 min read

What did Patrick Kearney know about the Davy 16?

Property developer Patrick Kearney is suing Davy over the Anglo bond scandal. The developer claims he was assured by former Davy boss Anthony Garry that the broker had no link to the buyer.

Francesca Comyn
10th May, 2021 - 4 min read

Director, adviser, broker, co-investor: McLaughlin’s many Malin mandates

Kyran McLaughlin resigned as Davy’s deputy chairman over his participation in a 2014 bond deal where the firm failed to meet its conflict of interest obligations. At the same time, he was personally investing in companies targeted by a Davy client.

Thomas Hubert
12th Mar, 2021 - 5 min read

“The only price that matters is the real one on the day so i don’t need anyone asking gobshites where they think it is”

Davy told a client it would get him the best possible price. Startling new emails reveal how Davy spun the deal to Patrick Kearney, portraying how it was acting on his behalf while secretly selling his assets to 16 gilded Davy executives.

Tom Lyons
11th Mar, 2021 - 8 min read

Revealed: How resigned executives retain power in Davy’s offshore empire

Brian McKiernan, Kyran McLaughlin and Barry Nangle left their management and board positions at J&E Davy last week but remain central to the stockbroking firm's ownership and control through a web of companies stretching to the Isle of Man and Gibraltar.

Thomas Hubert
8th Mar, 2021 - 4 min read

The NTMA decision: Why it happened, how it killed Davy’s bond desk, and what happens next

By withdrawing its support for Davy, the NTMA has precipitated the closure of the broker's bond desk. But it has also left Davy exposed to an exodus of clients.

Ian Kehoe
8th Mar, 2021 - 4 min read

The ‘Davy 16’ portal: read our extensive coverage of the corporate scandal that has rocked the stockbroker

In 2015, Tom Lyons exposed a startling deal involving Davy Stockbrokers and a client over Anglo bonds. Following a damning Central Bank investigation into the scandal last week, we have continued to focus on the deal and the Davy executives behind it. This is a portal to all our coverage.

Ian Kehoe
7th Mar, 2021 - 4 min read

Ian Kehoe on Davy: armed with a patrician arrogance, the broker remains in denial

Davy will be hoping this blows over. Hopefully, it won’t. This is a bona fide scandal. Talk of cultural reform is all well and good, but it is hard to believe and hard to stomach.

Ian Kehoe
5th Mar, 2021 - 3 min read
« Previous 1 2 3 4 Next »
Logo
  • Advertise
  • About
  • Contact
  • Terms and Conditions
  • Privacy

© 2026 Currency Media Limited

Sign In

Forgot your password?
Logo

Not a subscriber yet?

Create an account