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Sunday 11 June 2023 Dublin: 14°C

# Davy Stockbrokers

All time
Pearse Doherty: Davy's top brass can’t lose when there's no accountability
Legislation to underpin individual accountability in the financial sector must be published without delay, writes the Sinn Féin TD.
Davy appoints consultancy firm to review staff trading in wake of bond controversy
Davy said the review will be a “forensic assessment” of staff trading over the past seven years.
# selling up
Board of Davy Stockbrokers decides to sell group following scandal
A statement was released this evening.
NTMA withdraws Davy's authority to act as primary dealer of Irish government bonds
The pressure has ramped up on Davy after last week’s fine levied by the Central Bank.
Pearse Doherty: Davy scandal can't just pass without consequences for the top brass who think they can break the rules
The Sinn Féin TD says the State must cut all ties with Davy Stockbrokers unless individuals are held to account.
# Davy Stockbrokers
Paschal Donohoe calls on stockbrokers Davy to make a public statement after €4.1 million Central Bank fine
It’s understood the fine relates to a transaction involving Anglo Irish Bank bonds and a Maple 10 developer.
# through the roof
Irish house prices have soared again and people's wages can't keep up
The cost of a home is up by more than 12% in the last year.
# Lending
Mortgage approval rates have shot up by nearly 30% in a year
New figures show a 28% increase in mortgage approvals since last year.
# application denied
The Central Bank's new mortgage rules are slowing lending to house-buyers in a MAJOR way
Year on year growth in mortgage lending has slowed to 12%, its lowest in two years.
# grounded
No deal: The government is playing hardball over the Aer Lingus sale
The Transport Minister wants a longer guarantee on the airline’s Heathrow slots
# Lending
Irish small businesses are getting hungrier for credit
ISME warned that the extra demand must be met by new lending.
# Guaranteed Loser
Government's mortgage plan won't solve housing crisis - Davy
95 per cent mortgages are the solution to a problem, but it’s not a problem we have.
Ireland’s post-bailout return to the bond markets raised €3.75 bn
Demand for the 10-year benchmark bond amounted to €14 billion.
# Housing
Over 43,000 homeowners in arrears could have properties repossessed
The property owners are at risk of legal action once banks’ ability to seek repossession is restored following the passing of new legislation, a new report states.
# Mortgage Arrears
Mortgage arrears could rise to 18 per cent, says report
Banks have still not recognised losses in full, says Davy Research, as it warns that mortgage arrears could rise from 13.5 per cent to as much as 18 per cent.
# Property
House prices will continue to fall in 2012 - Davy
Property prices in Ireland are still not showing signs of stabilisation and are likely continue to decline throughout 2012, according to Davy Stockbrokers.