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.
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.
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.
8th Mar, 2021 - 4 min read
Between fines, settlements and legal bills, the cost to Davy of Anglo bond scandal heads to €15m…and counting
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.
3rd Mar, 2021 - 3 min read
Ronan Reid: “Am I glad we set up the business? Yes and no”
Ronan Reid led Dolmen Stockbrokers through boom and bust, before selling it to Cantor Fitzgerald. In this interview he talks about the journey. However, he also speaks about the sad death of his wife Karen, and how it forced him to question the balance of building a business and raising a family.