Stockbrokers has appointed Paul Flynn to the new position of head of investment management, putting him in charge of a business with some €15 billion of assets under management.
Taking voluntary redundancy or getting laid off? You need to know about your tax, welfare and pension options“I’m delighted to welcome Noel, Paul and Ruth to our executive team, they bring further depth and expertise to our Goodbody team which is focused on delivering strong results for all of our clients across the extensive range of wealth management, asset management, private capital and investment banking services we provide to the market,” said Goodbody chief executive Martin Tormey.
Total revenue increased by 12.4 per cent to €73.3 million, even as its fee and commission income declined in its wealth management and investment banking divisions.Goodbody cut 20 jobs in its investment banking unit last autumn amid a global slowdown in deal-making and fundraisings and an expected acceleration of large companies leaving the Irish stock market.
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