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Macquarie Group

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Macquarie Group Ltd shares down Monday, underperforms the Financials sector

Macquarie Group Ltd shares down Monday, underperforms the Financials sector

Here is the latest company close update for Macquarie Group Ltd, MQG.

Sayee Shree Ravi Sankar

Macquarie Group CEO Shemara Wikramanayake and Chair Glenn Stevens are under pressure as ASIC hits them with a $35m fine.

‘Millionaire factory’ bank slapped with huge fine over 15-year lie

A bank dubbed the “millionaires factory”, for the mammoth salaries of its top bosses, faces its fourth major penalty in recent years after admitting to a 15-year market reporting scandal.

Paul Wallbank

CommentaryCompanies

Stacks of containers sit at the Port of Baltimore in Baltimore, Maryland, on March 31, 2025. World economies were jittery on March 31 ahead of US President Donald Trump's

Macquarie’s monster port deal shaping up as bigger test

The timing is no coincidence. Macquarie’s $9.2bn tilt at Qube will be the first major deal to face the treasurer’s revamped merger rules – and the ACCC is ready to move.

Property Investing

Generic images around Brisbane - Kangaroo Point apartments Brisbane Wednesday 19th June 2024 Picture David Clark

‘Pump and dump’ warning for a hot property market

Controversial property promoters have triggered a clampdown from major banks and warnings from established operators in the market.

Trading DayTrading Day

CBA, Aristocrat, Life360 dive; MinRes among top gainers

CBA, Aristocrat, Life360 dive; MinRes among top gainers

CBA, Aristocrat, Life360 dive. Deals keep Macquarie, MinRes investors busy. Megaport down after discounted Latitude.sh raise. Optus profit, costs up. New home approvals in flood zones concerning: Suncorp. Last orders for Menulog.

David Rogers and Valerina Changarathil

CommentaryFinancial Services

03/05/2024. Shemara Wikramanayake, CEO Macquarie Bank, pictured at Martin Place headquarters in Sydney after announcing financial results. Britta Campion / The Australian

Macquarie stumbles in its slow shift from defence to attack

Shemara Wikramanayake has dismissed Wall Street’s market correction fears while defending her bank’s modest growth, but investors are losing faith in Macquarie’s drawn-out transition.

BanksFinancial Services

(FILES) Wind turbines of Vestas, a global leader in sustainable energy solutions, is pictured at the Port of Odense, Denmark on October 15, 2024. Danish wind turbine manufacturer Vestas, one of Europe's leading companies in the sector, improved its profitability in the third quarter, buoyed by strong business activity, it announced on November 5, 2025. (Photo by Jonathan NACKSTRAND / AFP)

Wind woes leave Macquarie’s green ambitions in the breeze

Financial giant Macquarie Group’s earnings from its commodities business sagged in the first half, crimping interim profit and investor returns. And its mighty ambitions in clean energy have delivered an expensive fumble.

DATAROOMDataRoom

Merino sheep on Pooginook stud at Jerilderie, in the NSW Riverina. Pooginook manager John Sutherland, and shearers and classers at work during October shearing. Owned by Paraway Pastoral Company, Pooginook runs 6000 Merino and Poll Merino stud ewes and produces more than 3500 rams each year. Pictures: Annabel Lugsdin

Paraway break-up on the cards for Macquarie

One of Australia’s largest agricultural landholdings faces being carved up and sold in pieces as Macquarie Group abandons plans for a single-buyer sale.

DATAROOMDataRoom

Merino sheep on Pooginook stud at Jerilderie, in the NSW Riverina. Pooginook manager John Sutherland, and shearers and classers at work during October shearing. Owned by Paraway Pastoral Company, Pooginook runs 6000 Merino and Poll Merino stud ewes and produces more than 3500 rams each year. Pictures: Annabel Lugsdin

Macquarie faces investor heat over ag sales

Macquarie Group is preparing to sell its prized Paraway Pastoral Company in a deal that could fetch $2.5bn amid reported pressure from key investors.

CommentaryCompanies

14/11/2024. Macquarie Bank. Business pages stock pictures Sydney CBD. Britta Campion / The Australian

How does Macquarie regain its magic touch?

Shemara Wikramanayake’s investment bank these days is looking more like a reserve grader. But don’t write it off just yet.

BRISBANE, AUSTRALIA - NewsWire Images - JULY 8, 2025. Charleen Henegan leaves the Supreme Court in Brisbane. She was sentenced for obtaining $1.1m in fraudulent loans, insurance and brokerage and commission fees through Macquarie Bank for just over a year. Photo: NewsWire

Ex-broker’s $68k fraud of major bank

A former financial broker who forged letters to dupe a major Aussie bank out of six-figure loans – scoring extra commissions in the process – has learnt her fate.

CommentaryFinancial Services

5/5/23: Macquarie Group CEO Shemara Wikramanayake at their Sydney offices for full year profit results. John Feder/The Australian.

Macquarie’s CEO succession is a matter of timing

The modern Macquarie Group likes to hang on to chief executives but the bank’s board is already thinking about who takes over from Shemara Wikramanayake.

LiquidationsBusiness

Keith Moore - Co-founder, Technology, Trenna Probert - Founder & CEO, Craig Swanger - Co-founder, Investments.

Start-up super advice platform goes bust

A superannuation advice platform started by two former Macquarie Bank execs that claimed to “challenge wealth and superannuation norms” has gone under after three years.

ExclusiveFinancial Services

Macquarie CEO Shemara Wikramanayake Picture: Supplied

ASIC prepared 17 files on Macquarie in 10 months

The corporate regulator had a long list of issues to raise with Macquarie boss Shemara Wikramanayake and bristled at its ‘legalistic engagement’.

BANKINGBusiness Breaking News

ADELAIDE/ KAURNA YARTA, AUSTRALIA - NewsWire Photos MAY 13, 2024: The Cyber Collaboration Centre at Lot Fourteen. Picture: NCA NewsWire / Morgan Sette

‘Days limited’: Bank’s huge security call

One of Australia’s largest lenders has sounded the alarm on a common security measure widely used by the banking sector – saying it may not be as secure as people think.

Cameron Micallef

HOME LOANSWealth

Suburban roof tops with beach; Australian housing overhead generic

Is your bank cutting rates quickly or making millions instead?

Macquarie Bank has fast-tracked passing on the RBA rate cut to its customers, laying down a challenge to big four rivals. See how long your bank will take to pass on rate cuts.

Anthony Keane and Julie-anne Sprague

newsBusiness Breaking News

AUSTRALIA - NewsWire Photos - General view editorial generic stock photo image of Australian cash money currency. Picture: NewsWire / Nicholas Eagar

Major lender slashes rates in just three days

One of Australia’s largest lenders has jumped the queue and offered customers savings on their mortgages in just three days’ time.

Cameron Micallef

RegulationBusiness

Canva Longo art for ASIC yarn.

See you in court: Inside Joe Longo’s brawl with Macquarie

There’s something about the ASIC v Macquarie war that strikes fear into the hearts of the financial services industry, while spreading a distinct feeling of schadenfreude that it couldn’t happen to a nicer bank.

CommentaryCompanies

Why blockbuster Macquarie case should set alarm bells ringing

Macquarie is becoming a regulatory repeat offender and this means its big executive pay packets need to carry greater accountability.

RegulationFinancial Services

###EMBARGOED FOR THE AUSTRALIAN### SYDNEY, AUSTRALIA - NewsWire Photos May 06, 2022: The Macquarie Group's building in Sydney. Picture: NCA NewsWire / Christian Gilles

Macquarie faces $500m in fines as ASIC turns up short-selling heat

ASIC’s latest case against Macquarie could result in the bank facing fines up to $500m. It is accused of letting millions of short trades spanning 321 listed securities go under-reported.

Investment bankingBusiness

Macquarie CEO Shemara Wikramanayake Picture: Supplied

Macquarie sees clouds on horizon after stunning profit

Macquarie paid its CEO $24m in a year when it smashed market profit forecasts but says trade faces the most intense pressure in decades. Find out who got the hefty pay packets.

Red flagsFinancial Services

###EMBARGOED FOR THE AUSTRALIAN### SYDNEY, AUSTRALIA - NewsWire Photos May 06, 2022: The Macquarie Group's building in Sydney. Picture: NCA NewsWire / Christian Gilles

ASIC lashes Macquarie over ‘recurrent’ failures to stop suspicious trading

The corporate regulator has hit out at the millionaire factory’s failure to stop suspicious trading, and slapped it with a remediation plan to help lift its game.

NEWSBusiness Breaking News

AUSTRALIA - NewsWire Photos - General view editorial generic stock photo image of Australian cash money currency. Picture: NewsWire / Nicholas Eagar

Bank moves on rates ahead of RBA meeting

A major bank has announced the new lowest fixed interest rate, but it still seems unlikely Aussies will lock in their mortgage.

Cameron Micallef

DATAROOMDataRoom

Soft returns could see millionaires factory ditch local public markets ops

Top financial experts believe that it’s only a matter of time before Macquarie Group exits its public markets business in Australia.

see the listNation

A new list reveals how companies compare on the gender pay gap.

Companies with highest, lowest gender pay gap revealed

Major companies including Qantas, Virgin Australia and the Macquarie Group have significant gender pay gaps, with 72 per cent of employers paying men more than women | SEARCH YOUR COMPANY

Competing BidsProperty

JC Competing Bids - The spartan Bynya Road, Palm Beach listing secured $5m

A property deal to be proud of

A London-based Macquarie Group banker has sold at a profit and bought at a discount in some impressive manoeuvring which has landed him and his wife a Pittwater property.

Jonathan Chancellor

Financial ServicesFinancial Services

Macquarie quits climate alliance amid policy shift

Macquarie is the first major Australian lender to withdraw from the Net Zero Banking Alliance, while larger rival CBA will reassess its membership.

Matt Bell and Joyce Moullakis

BankingFinancial Services

Macquarie to bolster private credit ops as earnings track steady

The banking major has shrugged off the impact of the US pulling back from green energy and flagged scaling up its private credit operations.

Joyce Moullakis

investmentCompanies

Macquarie Group signage is seen in Sydney, Friday, Sept. 11, 2015. (AAP Image/Joel Carrett) NO ARCHIVING

Macquarie takes sales pitch on tour as doubts surface over asset sales

Macquarie Group’s ability to offload assets within its portfolio and investment funds is under scrutiny as it prepares to take investors and analysts on a tour of the UK and France.

Joyce Moullakis

Strategic US data centre play for Macquarie Group

The group’s asset management unit has upped its exposure to the burgeoning data centre sector through an investment and funding deal worth up to $8.1bn.

Joyce Moullakis

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Original URL: https://www.theaustralian.com.au/topics/macquarie-group