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Macquarie Group

Macquarie Bank
Company nameMacquarie Group Limited
Company typePublic
SloganForward thinking
IndustryDiversified Financials
FoundedSydney, Australia (1970)
HeadquartersSydney, Australia
Key peopleKevin McCann, Chairman
Nicholas W. Moore, CEO
ProductsFinancial Services
RevenueAUD A$6.6 billion (2009)
Net incomeAUD A$1.05 billion (2009)
Total assetsAUD A$326 billion (2009)
Employees23,540 (2011)

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Macquarie Group Limited (Asx - MQG) is a global investment banking and diversified financial services group, providing banking, financial, advisory, investment and funds management services to institutional, corporate and retail clients and counterparties around the world. Headquartered in Sydney, Macquarie is the largest investment bank and the top ranked mergers and acquisitions advisor in Australia.

Macquarie is listed in Australia (ASX:MQG) and is regulated by APRA, the Australian banking regulator, as the owner of Macquarie Bank Limited, an authorised deposit taker.

On 30 October 2009 Macquarie announced a net profit after tax for the half year to 30 September 2009 of A$479 million, an increase of 79% on the prior half and a decrease of 21% on the prior corresponding first half period. In 2010, however, as a result of subdued market conditions, Macquarie issued two profit downgrades in the space of three months, resulting in a sharp fall in the share price of the company.

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