
Macquarie, Westpac to Testify in KPMG Australia Audit Scandal Probe
Macquarie and Westpac banks are scheduled to testify as part of the ongoing probe into the KPMG Australia audit scandal.
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Macquarie and Westpac banks are scheduled to testify as part of the ongoing probe into the KPMG Australia audit scandal.
Thierry Wizman, global FX and rates strategist at Macquarie, indicated that a Federal Reserve interest-rate hike in December is a possibility, discussing the outlook for the US economy and inflation.
Macquarie, often dubbed 'The Millionaires’ Factory,' is expected to undergo strategic adjustments under its new CEO, potentially leaning more into traditional banking while exploring new avenues for growth.

Macquarie Group has named Greg Ward, its current banking head, as the successor to Shemara Wikramanayake for the role of Chief Executive Officer.

Macquarie has raised its assessment of Woodside Energy, identifying the company as a viable target for mergers and acquisitions.

Macquarie analysts suggest that an open USD stablecoin could be beneficial for financial giants Mastercard and Visa.
Mexican real estate investment trust Fibra MTY has announced plans to purchase Fibra Macquarie in a deal valued at $1.7 billion, consolidating assets in the Mexican market.
Macquarie announced a significant jump in its profits, alongside the disclosure that its Commodities Chief was paid $25.5 million. The report highlights strong performance in the financial and commodities sectors.
Bank of America and Macquarie have provided their perspectives on AppLovin's strategic push into the e-commerce sector.
Analysts have presented varied opinions on several prominent financial stocks, including PNC Financial, Charles Schwab, and Macquarie Group Limited, reflecting diverse outlooks on their performance.
JD.com has been upgraded by Macquarie, citing a positive outlook for the company's first-quarter performance.
Macquarie has initiated coverage of AppLovin with an Outperform rating and a $710 target, suggesting the ad tech company has significant growth potential.

Macquarie predicts India will shed its 'AI laggard' status and emerge as an 'AI powerhouse,' driven by substantial investments in data centers, power, and other critical AI infrastructure.

The conflict involving Iran has intensified with the Houthi rebels entering the fray, launching attacks on Israel and threatening Red Sea shipping. Meanwhile, Pakistan hosted talks between Saudi Arabia, Turkey, and Egypt aimed at ending the war, while Iran issued warnings against a potential US ground invasion.

The Middle East conflict continues to fuel inflation and impact global economies, leading to growing doubt among UK shoppers and prompting governments like India and Albania to implement measures such as export duties, reduced excise taxes, and price board meetings to stabilize fuel prices. Spanish families are also saving more amidst rising inflation, while European fund managers advise on investment strategies to mitigate risks.
Macquarie Asset Management is reportedly the leading candidate to acquire a stake in an unnamed tower company.

According to Macquarie, cybersecurity firm Okta could emerge as a significant player in the AI market if it successfully integrates AI agents into its identity security systems.

No ‘limit’ to growth, says company, as digital bank chips away dominance of ‘Big Four’ retail lenders
Macquarie has reduced its price target for Baidu (BIDU), citing a sluggish advertising business as the primary reason for the adjustment.
Dubai Aerospace Enterprise (DAE) has agreed to acquire Macquarie AirFinance Ltd. for an enterprise value of approximately $7 billion, significantly expanding its aircraft fleet.
DAE (Dubai Aerospace Enterprise) is reportedly close to finalizing a deal to acquire a controlling stake in Macquarie AirFinance, a significant move in the aircraft leasing sector.
Macquarie Asset Management is set to acquire IHS Holding's tower assets located in South America.
Qube has accepted a takeover offer from a Macquarie-led consortium, valuing the company at $6.51 billion.
Australian logistics company Qube Holdings has accepted an $8.3 billion acquisition offer from a consortium led by Macquarie. The deal represents a significant corporate transaction in the Australian market.
After a 200-year effort, Australia has successfully removed rats, mice, and rabbits from Macquarie Island. This significant conservation achievement aims to restore the island's native ecosystem.
Macquarie has named its top picks among Asian auto stocks, noting a significant acceleration in demand for hybrid vehicles across the region.
Analysts from Macquarie Ltd. predict a potential oversupply in oil markets before the end of the year, citing mounting pressure on Washington to finalize a deal with Iran ahead of the midterm elections.
Macquarie CEO Shemara Wikramanayake is set to retire, with Alex Ward named as her successor to lead the global financial services group.
A new Fuzzy-presented concert series will take place at Fleet Steps at Mrs Macquarie’s Point in Sydney, featuring Missy Higgins, The Teskey Brothers, and ICEHOUSE as headliners.
Macquarie has revised its Brent crude oil forecast downwards, while simultaneously anticipating a swift recovery in oil flows.
Macquarie has downgraded HubSpot, citing the impact of artificial intelligence on sales cycles as a key factor in the decision.
Macquarie has reportedly lowered its price target for MasterCard (MA), with an article explaining the reasons behind this adjustment.

A high-ranking former banker from Macquarie is facing trial in Germany for tax evasion related to the Cum-Ex scandal, marking the first time a senior banker from a major investment bank has been targeted by German criminal justice in this long-running case.
Premier Energy is set to purchase Evryo Grid, an energy infrastructure company in Romania, from investment firm Macquarie.
Macquarie has identified Autodesk, Datadog, and Zscaler as its preferred software stocks in anticipation of upcoming earnings reports.
Macquarie has committed $150 million in financing to Mesabi Metallics, backing the company's operations and future projects.
Macquarie is betting that impact investing can help bridge the financial access gap for the "missing middle" in Asia.
Analysts have expressed a bullish outlook on specific financial stocks, including Citigroup (C) and Macquarie Group Limited (MCQEF), indicating confidence in their market performance.
Macquarie has begun its coverage of Okta (OKTA) with an 'Outperform' rating, indicating a positive outlook for the company's stock.
Macquarie Asset Management is reportedly the leading contender to acquire a significant stake in a major tower company, signaling potential consolidation in the telecommunications infrastructure sector.
Exclusive: Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say Reuters

BYD Shares Soar Most In 13 Months As Chinese EV Push Into Americas Accelerates Shares of Chinese EV maker BYD surged the most in 13 months after a report that its factory in Bahia, Brazil, a former Ford Motor plant, secured export orders for about 100,000 vehicles from Argentina and Mexico. This development suggests BYD's strategy to localize production in South America is still in its early stages and set to flood the continent with Chinese EVs. Bloomberg quoted Macquarie Cap...

Barclays to reduce stake in Australian investment bank to 4.9% after sale to Magellan Financial Group
Dubai Aerospace Enterprise has agreed to purchase Macquarie AirFinance for $7 billion, expanding its aircraft leasing portfolio.
DAE Capital is reportedly close to finalizing a deal to purchase the aircraft leasing firm Macquarie Airfinance, according to sources.
Macquarie Asset Management is set to acquire the South American tower operations of IHS Towers.
Qube Holdings' stock has hit a record high following a binding A$11.7 billion takeover agreement led by Macquarie.
A group led by Macquarie has reached an agreement to purchase Qube Holdings in an $8.3 billion deal.

Anthropic, Macquarie, and Singapore's GIC have partnered to establish a new data center infrastructure operator. This joint venture aims to support the growing demand for AI data centers.
Macquarie has lowered its stock price target for AppLovin, citing issues related to model timing.
Macquarie is reportedly approaching its future with a blend of ambition and caution as it transitions to new leadership, described as a 'safe pair of hands'.
According to top underwriter Macquarie, the current enthusiasm for artificial intelligence is anticipated to fuel an increase in business deals within Australia.
Macquarie has initiated research coverage on five Chinese companies producing chips for artificial intelligence applications, advising that now is an opportune time to invest and highlighting one as its top pick.

Iran announced it has called off talks with the U.S. following Israeli strikes in Lebanon and Gaza, with an IRGC-affiliated outlet claiming the freeze. However, Donald Trump stated he was not informed of any suspension of talks and that Israel would not send troops to Beirut.

Simon Wright, Macquarie's commodities chief, was awarded A$35 million in annual pay, surpassing the CEO's compensation, as energy markets fueled record returns for the firm.
Sources indicate that KKR and Macquarie are engaged in discussions for a commercial agreement concerning Italy's telecoms network, with support from the Italian government.
Analysts' opinions are mixed regarding the performance and outlook of several major financial stocks, including PNC Financial, Charles Schwab, and Macquarie Group Limited.
Macquarie has given CoreWeave stock a new 'Outperform' rating, signaling strong confidence in the company's performance and potential for growth.
CoreWeave's stock has climbed following recent deals, prompting Macquarie to upgrade its rating to Outperform.

Mesabi Metallics has successfully secured USD 150 million in funding from Macquarie Group to advance its iron ore project located in Minnesota.
Macquarie has revised its price target for Atour Lifestyle Holdings (ATAT) downwards to $46, indicating a change in its outlook for the company's stock performance.
Analysts are projecting oil prices to remain elevated, potentially reaching $150-$200 per barrel amidst ongoing war scenarios, with some recommending buying energy stocks in anticipation of these surges. Macquarie analysts specifically warned of oil hitting $200 if the Iran conflict persists.
Brace for $200 Oil If the War Lasts Till June, Macquarie Warns Bloomberg.com
Macquarie Asset Management has emerged as a leading contender to acquire a stake in a tower company, signaling potential consolidation or investment in telecommunications infrastructure, with new reports reinforcing its position.
Snowflake (SNOW) has reported revenue that surpassed analyst expectations, achieving a 30% year-over-year growth, while Macquarie maintains a neutral rating on the stock.

Japan's SMBC and Australia's Macquarie Group have reportedly been exposed to the failed UK lender MFS, according to Bloomberg News.
Dubai Aerospace Enterprise is set to acquire Macquarie AirFinance in a deal valued at $7 billion.
Major upgrades to Hobart's power grid to supply the Macquarie Point stadium are yet to be finalised or costed, with the final estimate for the precinct's energy demand increasing by almost 50 per cent in a year.
Morgan Stanley initiates coverage on MARA Holdings, while Macquarie maintains an Outperform rating on CleanSpark and Roth Capital is bullish on Bitdeer Technologies Group.
Qube has accepted a takeover offer from a Macquarie-led consortium, valuing the company at $6.51 billion.

Australia's Qube Holdings saw its shares jump to a record high following an $8.3 billion takeover deal led by Macquarie, representing a significant premium to its previous closing price.