Macquarie Group - Business Structure

Business Structure

Macquarie's business activities are organised into five principal operating groups: Macquarie Capital (formerly Investment Banking Group), Macquarie Securities Group (MSG), Fixed Income, Currencies and Commodities (FICC) (formerly Treasury and Commodities Group (TCG)), Macquarie Funds Group (MFG), and the Banking and Financial Services Group (BFS). In addition to the operating groups, Macquarie has a network of support areas: Corporate Affairs Group, Market Operations and Technology (Formerly Information Technology Group) and Risk Management Group.

Macquarie's managing director and chief executive officer is Nicholas Moore, who replaced Allan Moss in May 2008, and the board chairman is . David Clarke served as Executive Director from 1985 to 2007, and Chairman from 2007 to 2011.

In 2005 Macquarie announced a hostile takeover bid for the London Stock Exchange valuing the company at £1.5 billion, a bid rejected by LSE management as "derisory".

In 2007 the bank, together with a number of private equity firms, unsuccessfully attempted to take over Qantas.

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