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In July Davy announced it was to be sold in a three part deal

Bank of Ireland's takeover of Davy divisions cleared

Bank of Ireland's takeover of the capital markets and wealth management divisions of Davy stockbrokers has been cleared by the Competition and Consumer Protection Authority.

Business • 06 Dec 21

The stock of homes available for purchase remains at near record lows, both reports find

Help-to-Buy to remain a little longer, says Varadkar

Asking prices for homes in the third quarter were up 9% across the country compared to the same period last year, according to two separate reports by property websites.

Business • 27 Sep 21

Growth is being driven by buoyant exports, particularly in the computer services and pharmaceuticals/med-tech sector

Economy on course for GDP growth of at least 15% - Davy

Stockbroker Davy has revised upwards its outlook for economic growth to at least 15% of Gross Domestic Product for the full year.

Business • 03 Sep 21

According to Davy, the contraction in early 2021 was shallower than was feared

Davy revises upwards Irish GDP growth to 10% this year

Davy has revised upwards its forecast for Ireland's Gross Domestic Product (GDP) growth this year to 10%, from a previous forecast of 4.8%.

Business • 09 Aug 21

The Minister for Finance said Bank of Ireland had sought his consent to keep Davy's pay structure and he agreed (pic: rollingnews.ie)

Davy pay structures to remain after takeover: Donohoe

The Minister for Finance has said that Davy's existing pay structures would remain in place following Bank of Ireland's €440m acquisition of its wealth management and capital markets divisions and associated businesses.

Business • 22 Jul 21

Man sues Davy and 16 involved in controversial deal

The businessman, whose legal case against stockbroker Davy six years ago brought about a Central Bank probe into the firm, has instigated further legal action against the company and a group of 16 of its former employees.

Business • 28 Apr 21

The NTMA has now raised more than half of what it planned to borrow during 2021

NTMA raises €3.5 billion through sale of a 20-year bond

The National Treasury Management Agency has raised €3.5 billion through the sale of a new 20-year bond, at an interest rate of 0.585%.

Business • 15 Apr 21

Some applicants for mortgage protection insurance have been refused cover as their employer is availing of wage supports

No blanket denial of mortgage insurance over EWSS - CBI

The Deputy Governor of the Central Bank has said mortgage protection insurance providers must deal with applications from those whose jobs have been impacted by the Covid-19 pandemic, or the virus itself, on a case by case basis.

Business • 31 Mar 21

There is no timeframe set for completion of the review

Davy appoints consultants to carry out internal review

Professional services and management consultancy, Alvarez & Marsal, has been appointed by Davy to carry out an independent internal review of its operations, including relevant staff trading, over the past seven years.

Business • 16 Mar 21

Derville Rowland, Director General of Financial Conduct with the Central Bank

Central Bank says firms must 'set the right standards'

The stockbroker Davy need only look in the mirror when it asks itself how things went so catastrophically wrong, the Director General of Financial Conduct at the Central Bank has said.

Business • 16 Mar 21

Bernard Byrne made the comments in a letter to client

Davy's interim CEO apologises to clients

The interim chief executive of embattled stockbroker Davy has written to clients to offer an "unreserved and unequivocal" apology for the events that led to a recent fine of €4.1m from the Central Bank.

Business • 16 Mar 21

Davy was fined €4.13m by the Central Bank last week

Davy confirms it is up for sale

The board of stockbroker Davy has said that it has decided to pursue a sale of the group.

Business • 12 Mar 21

Davy is to appoint an independent third party who will conduct a review of matters arising from the Central Bank findings, its interim CEO Bernard Byrne said

Davy actions fell below required standards - Donohoe

The Minister for Finance has said that the actions of a number of senior executives in Davy fall below the standards required in the financial services sector and have damaged the reputation of the sector.

Business • 12 Mar 21

Davy was fined €4.1m by the Central Bank last week

Central Bank to discuss Davy case with gardai and ODCE

The Director General of Financial Conduct at the Central Bank has said the findings of the bank's investigation into Davy will be discussed with gardaí and the Office of the Director of Corporate Enforcement.

Business • 09 Mar 21

John O'Connell said Davy's €4.1m fine from the Central Bank and subsequent resignations do not go far enough

FSU urges thorough review of Davy stockbrokers

The General Secretary of the Financial Services Union has said there must now be a very thorough independent review of Davy stockbrokers.

Business • 09 Mar 21

Davy bond deal fallout unlikely to end at resignations

Things got very personal at stockbroker Davy yesterday, with chief executive Brian McKiernan, deputy chairman Kyran McLaughlin, and Head of Bonds Barry Nangle all stepping down from their involvement with the company.

Business • 07 Mar 21

Davy is predicting GDP growth of 4.8% for this year, an increase from an earlier prediction of 3.8%

Davy upgrades economic growth forecasts for 2021

Davy has upgraded its growth forecast for the economy for this year on the back of buoyant exports and multinational sector output, especially from the pharmaceutical and information and communications technology sectors.

Business • 21 Jan 21

Davy said the economy may contract by 1.3% in the last three months of 2020 as a result of the move to Level 5 restrictions for six weeks

Economy may shrink by 1.3% in Q4 due to Level 5 curbs

The Irish economy could contract by 1.3% in the last three months of the year, as a result of the move to Level 5 restrictions for six weeks according to estimates.

Business • 20 Oct 20

The Ministers will be aiming for a deficit that won't be an outlier compared to the rest of Europe, but the government will have room to introduce a 'stimulatory' budget.

Expect some budget stimulus measures but no 'giveaway'

The Government is expected to have extra flexibility to consider stimulus measures in next week's budget, thanks mainly to tax revenue holding up better than expected this year.

Budget 2021 • 06 Oct 20

Quarterly asking price inflation rose by 5.2% nationally - the highest figure since the first quarter of 2017 when it stood at 5.5%

Supply shortage and strong demand push up house prices

The latest house price report from MyHome.ie shows that national house price inflation is at its highest level since the first quarter of 2017.

Business • 01 Oct 20

Daily credit and debit card spending fell by 4% in August

Real-time data indicates recovery slowed in August

The pace of the recovery of the Irish economy from Covid-19 restrictions slowed substantially in August.

Business • 01 Sep 20

Irish economic activity recovered sharply early this month after phase 3 of the government's re-opening plan began on June 30th

Signs of easing in pace of economic recovery - Davy

The pace of recovery from the economic slowdown brought about by the pandemic restrictions has eased in recent weeks, according to an analysis by Davy.

Business • 28 Jul 20

Davy said the hit to Irish GDP from Covid-19 looks set to be at the upper end of its estimates given the 533,000 unemployment claimants

Irish economy well placed to rebound from virus - Davy

A new report from stockbrokers Davy said that while the outbreak of Covid-19 presents significant challenges, Ireland's economy should prove to be far more resilient relative to the rest of Europe than it did in the last downturn.

Business • 17 Apr 20

Davy revises upwards its growth forecasts for both 2019 and 2020

Davy upgrades GDP growth forecast for 2020 to 5.5%

Stockbrokers Davy have revised upwards their GDP growth forecast for 2020 to 5.5% from 4.1% previously.

Business • 13 Jan 20

The average asking price for a three-bed semi in Dublin in the third quarter stood at €376,000, new Myhome.ie figures show

House asking prices down 2.8% in third quarter

Asking prices for property here fell by 2.8% during the last quarter, new data has found.

Business • 30 Sep 19