Who is now the head of regulation and compliance with Davy?
Head of compliance is a major role at Davy, Ireland's biggest broker and wealth manager. As Davy's experienced head of compliance parts ways with the firm, the stockbroker won't say who is her successor.
24th Jan, 2020 - 2 min read
In the end, it took just 20 minutes: How Philip Marley was made bankrupt over €1m debt
Having spent years fighting tooth and nail to avoid bankruptcy, in the end, the former millionaire bowed to its inevitability and consented to the petition against him by one of his creditors, the UK private equity firm Maven Capital.
24th Jan, 2020 - 3 min read
Brexit wounds: How a minor provision in Brexit legislation could have a major impact on one of Ireland’s most successful businesses
Starting with a tax refund business, Fexco has built a global financial services empire. However, it fears new rules arising from Brexit could have adverse consequences, and it is now asking government to remedy it.
24th Jan, 2020 - 4 min read
The inside story of how Apple got a taste for Cork, and how Cork gave Tim Cook a break
Although he may not realise it, Tim Cook might never have joined Apple if it was not for a Corkman. Equally if it wasn’t for Tim Cook, the multinational giant might not still be in Cork. This is the inside story of how Apple ended up in Ireland, and why it stayed there.
23rd Jan, 2020 - 16 min read
CapVest saddles up for another deal: Seamus Fitzpatrick led PE fund on cusp of closing €50m Carroll Cuisine deal
CapVest is close to buying Carroll Cuisine, the Tullamore-based producer of cooked ham and ready meals, for €50 million. This is very much part of CapVest's M.O. – it's in the business of building giant food companies by acquisition. How will the deal work, and who'll benefit?
23rd Jan, 2020 - 4 min read
Mapping the multinationals: Apple’s €180bn Irish (IP) licence to print money
The company singled out in the EU's €13bn state aid decision to illustrate global jostling for a slice of multinational taxation wants a unified set of rules. As its CEO Tim Cook picked up an award in Dublin this week, Thomas Hubert looks at how Apple does business in Ireland in the wake of shifting US and Irish legislation.
23rd Jan, 2020 - 10 min read
Maltese manoeuvres: How the flow of Irish pensions to “opaque, risky structures” in Malta hit an all-time high
Despite various official investigations and Revenue warnings, the quantum of pension funds being transferred overseas peaked last year. Most went to tax-efficient structures in Malta.
22nd Jan, 2020 - 5 min read
Checkmate? Court ruling paves way for beef baron Goodman to call in rival investor’s €17m Blackrock Clinic loans
A five-year legal feud, two warring shareholders, one exclusive private hospital. After a failed challenge to the very existence of the Commercial Court, has the tide gone out for founding surgeon Joseph Sheehan?
22nd Jan, 2020 - 5 min read
Thriving in the aviation supercycle: From the 737 Max to the Hong Kong, Singapore and climate change threats
The total funding required for new commercial aircraft over the next five years will top $800 billion. Ireland is a powerhouse in the sector, but it cannot take its position for granted, warns Joe O'Mara, head of aviation finance and leasing with KPMG.