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Encyclopedia > Macquarie Bank
Macquarie Bank Limited
Type Public (ASX: MQG)
Founded Sydney, Australia (1970)
Headquarters Sydney, Australia
Key people David Clarke, Chairman
Allan Moss, CEO
Industry Finance and Insurance
Products Financial Services
Revenue AUD 7.2 billion (2007)
Net income AUD 1.46 billion (2007)
Employees 11000 (2007)
Slogan Forward thinking
Website www.macquarie.com.au

Macquarie Bank Limited is an Australian merchant bank and financial services group, providing a broad range of products and services to investors, corporations and government. Its global headquarters is in Sydney, and it is listed on the Australian Stock Exchange (ASX). It is the only large, majority Australian-owned investment bank. Image File history File links No higher resolution available. ... The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ... This is about the city of Sydney in Australia. ... Year 1970 (MCMLXX) was a common year starting on Thursday (link shows full calendar) of the Gregorian calendar. ... This is about the city of Sydney in Australia. ... This article or section does not cite any references or sources. ... Finance and Insurance is an industry group that mainly handles the transfer of paper and money, financial assets. These include: Accounting, Asset Management, Electronic Communications Networks, Financial Services Regulatory Agencies, Investment Banking Investment Firms, Investment Funds, Lending, Outsourced Financial Products & Services Marketing, Securities Brokers & Traders, Stock Exchanges, Trade Facilitation, and... Financial services is a term used to refer to the services provided by the finance industry. ... Look up revenue in Wiktionary, the free dictionary. ... Au. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Au. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... This article is about work. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... In banking, a merchant bank is a traditional term for an Investment Bank. ... Financial services is a term used to refer to the services provided by the finance industry. ... This article is about the metropolitan area in Australia. ... The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...


During 2005, it raised more than $80 billion AUD in equity capital markets, capital raisings and floats, making it the largest player in Australia in capital raisings. It is the second largest player in the mergers and acquisitions area of corporate finance in Australia. Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to create another business...

Contents

History

The bank was founded in 1969 and it began its operation from Sydney in January of 1970 as Hill Samuel Australia, a subsidiary of the UK's Hill Samuel, an entity founded by the same man as the Shell Corporation. The bank took its name from Lachlan Macquarie, an early Governor of New South Wales who dramatically transformed the early colonial economy. The company became a trading bank and changed to its present name in 1986, at which time it opened branches in Melbourne and Brisbane. The company listed on the ASX in 1996, with an initial market capitalization of 1.3 billion AUD. Year 1970 (MCMLXX) was a common year starting on Thursday (link shows full calendar) of the Gregorian calendar. ... Hill Samuel is a wholly owned subsidiary of Lloyds TSBs Offshore Private Banking unit. ... Major General Lachlan Macquarie, Governor of New South Wales Major-General Lachlan Macquarie CB (31 January 1762[1] – 1 July 1824), British military officer and colonial administrator, served as Governor of New South Wales from 1810 to 1821 and had a leading role in the social, economic and architectural development... List of Governors of New South Wales See Governors of the Australian states for a description and history of the office of Governor. ... This article is about the Australian city; the name may also refer to City of Melbourne or Melbourne city centre. ... For other uses, see Brisbane (disambiguation). ... Market capitalization, or market cap, is a measurement of corporate or economic size equal to the stock price times the number of shares outstanding of a public company. ... One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ...


Macquarie Bank manages a number of listed investment funds. Over the past decade, the Macquarie Infrastructure Group, has become the world's largest operator of private toll roads both nationally and internationally. Other funds managed by the bank's subsidiaries have invested in projects such as airports, operating Kingsford Smith International Airport in Sydney and Bristol International Airport in the UK, for instance. Macquarie Bank Limited is an Australian merchant bank and financial services group, providing a broad range of services to businesses individuals. ... This article or section does not cite any references or sources. ... Sydney Airport Control Tower International Terminal forecourt Sydney International Terminal International Terminal, Qantas check-in lounge International Terminal car park Memorial to Charles Kingsford Smith, International Terminal Qantas AVRO 504K replica, first plane flown by Qantas, Domestic Terminal Sydney Domestic Terminal entrance Terminal Control Unit including the old Control Tower... Bristol International Airport (IATA: BRS, ICAO: EGGD) is the commercial airport serving the city of Bristol and much of the south west of England. ...


International Market Presence

Macquarie's operations are still primarily Australian although it has built a substantial presence offshore with operations in the United Arab Emirates, India, South Africa, Brazil, Canada, the United States, China, Hong Kong, Japan, Korea, Singapore, Indonesia, Malaysia, the Philippines, Taiwan, Thailand, New Zealand, Austria, Germany, France, Italy, Switzerland, Ireland and the United Kingdom. Notable recent acquisitions include Cook Inlet, now Macquarie Cook Energy, a gas trading and scheduling operation based in Los Angeles and Thames Water, one of the world's largest water companies. Macquarie employs 3,122 staff outside of Australia.


Macquarie Bank has developed a large presence in the Financial Services arena with their Financial Services Group's Wealth Investments Team managing over 479.8 Billion AUD of Funds Under Management.


Core Business

The bank's activities work within seven operating groups: Banking and Securitisation Group, Equity Markets Group, Financial Services Group, Funds Management Group, Investment Banking Group, Real Estate Group and the Treasury and Commodities Group.


Macquarie's managing director is Allan Moss, and the board chairman is David Clarke. Managing director is the term used for the chief executive of many limited companies in the United Kingdom, Commonwealth and some other English speaking countries. ... This article or section does not cite any references or sources. ...


The bank's high margins and profits, and the consequent rewards for its executives and shareholders, have seen news website Crikey dub the bank "The Millionaire Factory". Macquarie's capitalisation as at June 2007 was $23.5 billion AUD making it one of Australia's biggest companies by value. Look up crikey in Wiktionary, the free dictionary. ...


In 2005 Macquarie announced a hostile takeover bid for the London Stock Exchange valuing the company at £1.5 billion, a bid rejected by LSE management as "derisory". Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... The Source by Greyworld, in the new LSE building Paternoster Square. ...


In 2007 the bank attempted to takeover Qantas in Australia along with a consortia of other private equity players. This eventually played out unsuccessfully and led many to see the bank as overly aggressive in trying to achieve ultimate profits.


Current Board Members

David Clarke attended Knox Grammar on Sydneys North Shore and the University of Sydney (BEc) and Harvard Business School (MBA). ... Insignia of a Companion of the Order of Australia. ... The Australian Gas Light Company (AGL) is an Australian gas and electricity retailer. ... This article or section does not cite any references or sources. ... KPMG is one of the largest professional services firms in the world. ... Slogan or Nickname: Sunshine State, Smart State Motto(s): Audax at Fidelis (Bold but Faithful) Other Australian states and territories Capital Brisbane Government Constitutional monarchy Governor Quentin Bryce Premier Anna Bligh (ALP) Federal representation  - House seats 28  - Senate seats 12 Gross State Product (2004-05)  - Product ($m)  $158,506 (3rd... The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. ... Peter Kirby was a Canadian bobsledder who competed in the mid-1960s. ... CSR Limited (ASX: CSR) is a major Australian industrial company, producing aluminium, sugar products (notably including pure ethanol), and construction products. ... Cochlear Limited is an Australian company that designs, manufactures and sells the Nucleus Cochlear implant. ... Allens Arthur Robinson (AAR or Allens) is an international law firm, headquartered out of Sydney, Australia. ... The John Niland Scientia Building John Niland is an Australian businessman and professor. ... Uniwalk is the main walkway stretching through the whole Kensingtion campus The University of New South Wales, also known as UNSW or colloquially as New South, is a university situated in Kensington, a suburb in Sydney, New South Wales, Australia. ... Cornell redirects here. ... 30 St Mary Axe - at 180 m, Swiss Res London headquarters is the 6th tallest building in London Swiss Re is the worlds second-largest reinsurance company (after Munich Re/ Münchener Rück), and the worlds largest life and health reinsurer. ...

Notable current and former employees

Business

Simon Gautier Hannes (born c. ... This article or section does not cite any references or sources. ...

Public service

An unusual feature of Macquarie Bank, as a financial institution, is the very strong political connections that it maintains through the appointment of former politicians and senior political staffers to senior and highly paid positions. In financial economics, a financial institution acts as an agent that provides financial services for its clients. ... A politician is an individual involved in politics, sometimes this may include political scientists. ...

List of Premiers of New South Wales Before the 1890s there was no formal party system in New South Wales. ... Hon Ross Cameron Ross Alexander Cameron (born 14 May 1965), Australian politician, was a Liberal member of the Australian House of Representatives from March 1996 to October 2004, representing the Division of Parramatta, New South Wales. ... Type Lower house Speaker of the House David Hawker, Liberal since November 16, 2004 Members 150 Political groups Liberal Party (74) ALP (60) National Party (12) Country Liberal Party (1) Last elections 9 October 2004 Meeting place Parliament House, Canberra, ACT Web site House of Representatives Entrance to the House... For the English soldier and regicide, see John Hewson (regicide). ... Max Moore-Wilton AC is an Australian corporate executive & former public servant, colloquially known as Max the Axe. Before becoming head of the Department of Prime Minister and Cabinet, Max served as a senior executive in the Trade & primary industries portfolios, General Manager of the Australian Wheat Board, Director-General... For other uses, see Secretary (disambiguation). ... The Department of the Prime Minister and Cabinet is an Australian Government department. ... John Winston Howard (born 26 July 1939) is an Australian politician and the 25th Prime Minister of Australia. ... Irene Kwong Moss AO is an Australian solicitor and public servant. ... Independent Commission Against Corruption or ICAC for short was set up by New South Wales Premier Nick Greiner upon him coming to office in 1988. ... Graeme Samuel commenced as head of the Australian Competition and Consumer Commission in July 2003. ... The ACCC Logo The Australian Competition and Consumer Commission (ACCC) is an independent Australian commonwealth government authority established in 1995 from the amalgamation of the Australian Trade Practices Commission (TPC) and the Prices Surveillance Authority, to protect consumer rights, business rights and obligations, perform industry regulation and price monitoring and... Warwick Leslie Smith (born 13 May 1954), Australian politician, was a Liberal member of the Australian House of Representatives from December 1984 to March 1993 and again from March 1996 to October 1998, representing the Division of Bass, Tasmania. ... Alternate meanings in cabinet (disambiguation) A Cabinet is a body of high-ranking members of government, typically representing the executive branch. ... Alan Robert Stockdale (b. ... Look up Treasurer in Wiktionary, the free dictionary. ... VIC redirects here. ...

Logo

Macquarie Bank's logo is a representation of the Holey dollar developed by Governor Macquarie as a solution to the monetary problems of the early Australian settlers. For the company, it represents financial knowledge and ingenuity. The Holey Dollar of P.E.I. Back in the 1700s, the Spanish government minted a large silver coin which through wide circulation became known as the Spanish dollar. ...


See also

Highway 407, officially called the 407 Express Toll Route (ETR), is a pay-per-use freeway located in south-central Ontario, Canadas Greater Toronto Area. ... The M6 Toll (previously called the Birmingham North Relief Road, or BNRR) is the United Kingdoms first toll-paying motorway, other than the Severn Bridges on the M4 and M48 motorways. ... The Chicago Skyway also known as Chicago Skyway Toll Bridge System is a 7. ... Indiana Toll Road Length: 156. ... Red Bee Media Limited is a media company which operates a playout centre in west London in the United Kingdom for television and radio broadcasters such as the BBC, UKTV, Virgin Media Television, ESPN and the Community Channel. ... Qantas Airways Limited (IPA: ) is the national airline of Australia. ... East London Bus Group, formerly Stagecoach London, once a subsidiary of The Stagecoach Group, is part of investment bank Macquarie Bank. ... Selkent was once a subsidiary of The Stagecoach Group under the names Stagecoach Selkent and Stagecoach London, but is now part of investment bank Macquarie Bank. ... Image:ELBG.jpg New Logo along with sister company Selkent East London is a bus company that was once a subsidiary of the Stagecoach Group under the names Stagecoach East London and Stagecoach London, but is now part of investment bank Macquarie Bank as part of the East London Bus... National Grid Wireless (formerly Crown Castle UK) is a company which provides telecommunications infrastructure and broadcast transmission facilities in the UK. Its main customers are broadcasters and mobile phone network operators, and its main asset is a network of over 1,000 radio masts and towers. ... Arqiva Logo Arqiva is one of the two main transmitter and broadcast companies in the United Kingdom. ...

External links

  • Macquarie Bank global site
  • Macquarie Bank Australian site

  Results from FactBites:
 
Home loans - Macquarie Bank Limited (381 words)
Macquarie Silver Living is a reverse mortgage that gives you the opportunity to borrow a portion of the value of your home providing you with additional funds for your retirement.
Macquarie Mortgages Pty Limited (‘MM’) ABN 23 057 760 175 is not an authorised deposit-taking institution for the purposes of the Banking Act (Cth) 1959, and MM’s obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542.
Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of MM.
Macquarie Bank - Wikipedia, the free encyclopedia (822 words)
The bank was founded in January of 1970 as Hill Samuel Australia, a subsidiary of the UK's Hill Samuel, with three staff in Sydney.
An unusual feature of Macquarie Bank, as a financial institution, is the very strong political connections that it maintains through the appointment of former politicians and senior political staffers to senior and highly paid positions.
Macquarie Bank's logo is a representation of the Holey dollar developed by Governor Macquarie as a solution to the monetary problems of the early Australian settlers.
  More results at FactBites »


 

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