Shemara Wikramanayake
- Opinion
- Governance
A frustrated corporate watchdog is out for blood at Macquarie
ASIC has turned apex predator with its decision to take alleged misreporting of the number of “short sales″ Macquarie traded to the Supreme Court.
- Elizabeth Knight
Latest
- Updated
- Executive pay
Macquarie chief’s pay cut to $24m as ‘millionaires’ factory’ rakes in $3.7b
As Macquarie reported its profits on Friday, the investment bank known for its bumper pay packets also revealed how much its top executives were paid.
- Clancy Yeates
- Updated
- Earnings season
Macquarie Group profits squeezed by ‘subdued’ energy markets
Macquarie is expecting to rake in less income from its commodities business over the next six months due to lower market volatility.
- Sumeyya Ilanbey
RBA will cut rates six months after rest of world: Macquarie boss
Shemara Wikramanayake says Australian inflation is six months behind countries where rates have already been cut, but the economy is stronger in other areas.
- Penry Buckley
Macquarie chief takes $7.6m pay hit as profits fall
Many of the investment behemoth’s top executives have had their pay cut by millions as green investments and lower commodity prices weighed on fiscal 2024 profits.
- Millie Muroi
Macquarie flags weaker first half as deal-making slows
Shares in the investment giant slumped after it warned of a weaker first half for its flagship asset management business.
- Millie Muroi
- Opinion
- Women in Leadership
Why appointing a female CEO to run a big company doesn’t feel like progress
What passes for success – or even progress – is still a low bar.
- Elizabeth Knight
- Updated
- Earnings season
Bumper Macquarie result sparks $57.6m payday for executive Nick O’Kane
The hefty pay packet comes after the division led by O’Kane drove the wider group’s full-year earnings 10 per cent higher to $5.2 billion.
- Clancy Yeates
Macquarie boss says immigration will shield Australia’s economy
Macquarie CEO Shemara Wikramanayake has welcomed the pick-up in immigration, saying it should help the economy be more resilient than peers.
- Clancy Yeates
Economic downturn will be manageable for bank, says Westpac CEO
Peter King, who runs Australia’s second-largest mortgage lender, signalled one of Westpac’s top concerns was how customers handled rising interest rates and higher unemployment.
- Clancy Yeates
Original URL: https://www.smh.com.au/topic/shemara-wikramanayake-1mz2