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Macquarie Group Limited (/ m ə ˈ k w ɔːr i /), more commonly known as Macquarie Bank, is an Australian multinational investment banking and financial services group headquartered in Sydney and listed on the ASX (ASX: MQG).
In July, 2024, Macquarie announced it had reversed its coal policy, paving the way for its bankers to be involved in coal-sector consolidation on Australia’s east coast and coal mines globally. She was also named as of The Australian Financial Review Business People of the Year for 2021 in recognition of her leadership prowess amid the COVID ...
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Macquarie Bank: Sydney: 1969: ME Bank: Melbourne: 1994: Subsidiary of the Bank of Queensland: MOVE Bank [28] Brisbane 1968 Customer-Owned [28] MyState: Hobart: 2009: National Australia Bank: Melbourne: 1982: Newcastle Permanent Building Society: Newcastle: 1903: Division of Newcastle Greater Mutual Group (NGM Group) P&N Bank: Perth: 1990 ...
In 1971, Clarke became joint managing director of Hill Samuel, now Macquarie Group. [2] He was appointed managing director in 1977 and became executive chairman in 1984. [2] Clarke remained Executive Chairman of Macquarie Bank when it changed its name in 1985. He remained in this role until March 2007, when he ceased executive duties.
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In June 2015 the Business Secretary Sajid Javid put forward proposals to part-privatise the bank, with the stated aim of giving it full access to the capital markets. [29] On 18 August 2017 the bank was sold to Macquarie Group for £2.3 billion. [30]
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