Macquarie to scale back equities trading,cut jobs in London,New York

Macquarie to scale back equities trading,cut jobs in London,New York

Macquarie plans to exit its share trading,sales and research outside its home Asia Pacific market amid choppy markets and tougher regulations,sources say.

  • byThyagaraju Adinarayan

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Macquarie Bank saleswoman accuses co-worker of attempted sexual assault at company retreat in US
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Macquarie Bank saleswoman accuses co-worker of attempted sexual assault at company retreat in US

A saleswoman in Macquarie Bank’s US office has alleged a co-worker tried to sexually assault her at a booze-filled company retreat that included an excursion to a strip club.

  • byRachel Olding
'Like bank robbery':Macquarie accused over fund linked to tax deals

'Like bank robbery':Macquarie accused over fund linked to tax deals

The Millionaires'Factory was accused in a German lawsuit of financing a high-risk fund linked to controversial tax deals that ended up costing investors €190 million.

  • byKarin Matussek
Expect a big takeover deal for Macquarie's 50th anniversary

Expect a big takeover deal for Macquarie's 50th anniversary

Nothing says turning 50 like splashing out on a big purchase. And maybe Macquarie will make one in local banking to celebrate its half century of existence.

  • byClara Ferreira-Marques
Housing slump set to be the largest in nearly 40 years,Macquarie says

Housing slump set to be the largest in nearly 40 years,Macquarie says

Macquarie Bank says the property market downturn will be larger than it first thought,with price declines up to 20 per cent likely in Sydney and Melbourne.

  • byDavid Scutt
The banking scandal the royal commission didn't cover

The banking scandal the royal commission didn't cover

Macquarie has ducked a grilling at the landmark inquiry but may now have to answer questions half a world away.

  • byElizabeth Knight
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'Total set up':Macquarie Bank rocked by'extortionary'executive's #MeToo lawsuit

'Total set up':Macquarie Bank rocked by'extortionary'executive's #MeToo lawsuit

Khristina McLaughlin and her boss exchanged 32,000 text messages in 811 days.

  • byRachel Olding
'We have a wonderful culture,'says Macquarie's new CEO

'We have a wonderful culture,'says Macquarie's new CEO

The first female CEO of Macquarie Group Shemara Wikramanayake has dismissed there are problems with investment bank’s culture.

  • byNassim Khadem
Sydney,Melbourne house prices tipped to fall 10 per cent

Sydney,Melbourne house prices tipped to fall 10 per cent

ANZ says the housing market has slowed further than it expected and,as a result,it has"materially downgraded"its price outlook.

  • byMelanie Beeby
How $31 billion accidentally ended up on Macquarie Group's account

How $31 billion accidentally ended up on Macquarie Group's account

Under fire for a series of payment blunders,it has now emerged Deutsche Bank mistakenly wired billions to Macquarie as collateral for a derivatives trade.

  • byWilliam Canny
Former Macquarie exec guilty of money laundering,tax evasion

Former Macquarie exec guilty of money laundering,tax evasion

Dr Tony Castagna is behind bars after a Supreme Court jury found him guilty of tax evasion,money laundering and dealing with the proceeds of crime.

  • byKate McClymont