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Banking royal commission: Macquarie CEO Nicholas Moore shows why he's paid $19m

Aaron Patrick

There was one, brief moment during Nicholas Moore's evidence to the banking royal commission when the Macquarie Group chief executive wasn't in control.

Michael Hodge, QC, one of the commission's barristers, put to Moore that "intuitive synthesis" of four criteria was used to decide how much to pay the investment bank's top executives.

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Aaron Patrick was a senior correspondent at The Australian Financial Review.

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    Original URL: https://www.afr.com/business/legal/banking-royal-commission-macquarie-ceo-nicholas-moore-shows-why-hes-paid-19m-20181122-h187uo