Investment banking
Businesses show surprising confidence despite inflation woes
While a significant number of businesses are struggling, 60 per cent of companies say they are planning to expand in the next year, a survey shows.
- by Sumeyya Ilanbey
Latest
Bankers sacked for faking work following rise of ‘mouse jigglers’
The US banking giant discharged members of its wealth and investment management arm after investigating claims that they were pretending to be busy.
- by Adam Mawardi
Why everyone in finance is getting ripped
People who spend their working lives trying to manage risk in return for long-term financial gain often fail to apply those lessons to their own health.
- by Chris Bryant
Macquarie chair Glenn Stevens warns on inflation as profits take a hit
The former RBA governor said he hoped he was wrong about inflation, as Macquarie profits in the June quarter came in “substantially lower” than last year.
- by Millie Muroi
Opinion
Ethical investing
Bait and switch: How ESG investors get duped
Investment managers have become increasingly adroit at marketing the environmental, social and corporate governance hygiene of their investments.
- by Elizabeth Knight
Dealmakers adrift as $1.5 trillion vanishes in first-half slump
The world’s dealmakers are counting their losses in one of the worst years for takeovers and stock market listings in a decade.
- by Bloomberg News
‘Way too late’: ASIC hands investment cowboy life-time ban
The Sydney-based director’s ban comes after years of being on ASIC’s radar and an investigation by this masthead uncovering his involvement in April.
- by Millie Muroi
Perfect storm: How a blizzard bonanza came back to bite Macquarie
A massive storm in the US in early 2021 was a financial boon for Macquarie Group’s energy trading division, but now it is facing legal action accusing it of manipulating the market.
- by Sarah Danckert
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.
- by Clancy Yeates
Morgan Stanley chief says banks need tougher oversight
Australian James Gorman, global boss of Morgan Stanley, has backed rigorous oversight to limit banking crises and bankers’ poor decisions.
- by Clancy Yeates
Analysis
For subscribers
Banking badly: What went wrong at Credit Suisse
The collapse of Credit Suisse and the problems with America’s smaller banks may seem part of a broader malaise. But they’re also the victims of their own poor decisions.
- by Sarah Danckert
Original URL: https://www.theage.com.au/topic/investment-banking-hui