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Macquarie vets CommBank’s ultra-high-net-worth advice business

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It’s Macquarie Group’s turn to weigh the prospects of Commonwealth Bank’s ultra-high-net-worth business which is up for sale via sell-side adviser Gresham.

Private wealth sits within Macquarie’s banking and financial services. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/macquarie-vets-commbank-s-ultra-high-net-worth-advice-business-20240904-p5k7u3