UBS wins big with €3.8m in fees from Nama last year

Swiss investment bank UBS was the big winner in fees paid out last year by Nama, as it received €3.85m from the agency.

New figures provided by Finance Minister Michael Noonan show that legal firm McCann Fitzgerald received the second highest amount at €1.49m.

The amount paid out by Nama in fees for legal, consultancy, and advisory work totalled €13.14m last year — a 32% jump on the €9.95m paid out in 2013.