Macquarie Group (MQG)

Shares / Stock Code

MQG

Stock Exchange / Sharemarket

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Macquarie Group (MQG) is a global provider of diversified financial services comprising banking, financial, advisory and investment services in Australia and selected financial services offshore. The Company’s head office is located in Sydney, Australia. Macquarie Group listed on ASX on 5 of November, 2007. Currently Macquarie has over 13,000 staff employed in 25 countries. The Company is organized in to seven divisions. Financial Services Group includes Macquarie Adviser Services, which manages relationships with external financial intermediaries, and Macquarie Private Wealth, which offers investment planning and private banking service. Funds Management Group offers diversified investment solutions. Banking and Securitization Group caters retail lending and banking businesses. Real Estate Group encompasses real estate funds management, finance, and investing and advisory. Treasury and Commodities Group focuses on trading and related activities. Equity Markets Group handles its equity derivatives and trading business. Macquarie Capital is focused on the wholesale structuring, corporate advisory and equities research.

MQG is the fifth-largest bank in the Australian sector based on market capitalisation. During the year ended 31st March 2008, the international income contributed 57 % of Macquarie's operating income. Macquarie was established in Australia in 1969. The Company has made a significant growth and has earned record profits since 1992. Since then, Macquarie has grown from an Australian institution to a global institution.

Macquarie Group 's competitive advantage over its major international peers lies in its rather stable underlying earnings stream and constant high growth rates. MQG specializes in infrastructure management which has also distinguished it from most of its international peers.

Macquarie Group History

Macquarie Group (MQG) commenced trading in 1969 as Hill Samuel Australia, a wholly owned subsidiary of Hill Samuel & Co. Limited, London. The Company started its operations in Sydney in January 1970 with only three staff. In February 1985, HSA was transformed into an Australian-owned licensed bank. The Bank adopted its name from the greatest of the early governors of the colony of New South Wales, Lachlan Macquarie. Its logo became Governor Macquarie's punched Spanish coin, the holey dollar, which Lachlan Macquarie used as the first domestic coinage of the colony. The bank was listed on the ASX in July 1996.

Macquarie Bank took over all the previous activities of HSA. It commenced business on 1 March 1985 with a retail branch in Sydney. A few months later it opened a trading bank branch in Melbourne and in November 1986 in Brisbane. Macquarie Bank Limited listed its fully paid ordinary shares on the ASX on 29 July 1996 and entered the ASX's All Ordinaries Index on 30 October 1996, with a market capitalisation of around $1.3 billion. MBL securityholders and optionholders and the Federal Court of Australia made a decision to restructure Macquarie group into a non-operating holding company (“NOHC”) structure in October 2007. The NOHC and Macquarie Group Limited (ultimate parent of the Macquarie group), is listed on the Australian Securities Exchange.

At present Macquarie group is engaged in providing diverse range of banking, financial, advisory and investment services.