The Central Bank’s €4.1m censure is only the start. Add in the legal bills Davy incurred over a multi-year investigation. Plus, it also paid out a multi-million euro settlement to the developer the firm wronged.
Davy and the Bank of China are the two leading contenders to buy Goodbody stockbrokers. Fexco, the 51% owner of Goodbody, will have the final say. For Goodbody staff, who own the remaining 49%, a lot is at stake.
Chinese financial giant has dispatched a team to Dublin to seal deal for broker but faces challenge from Davy and Irish Life.
© 2026 Currency Media Limited
