Macquarie Group (MQG)

Macquarie group began trading in 1969 as Hill Samuel Australia, obtained its bank license in 1985 and listed in 1996. It is now internationally diversified and operating in corporate finance, treasury and commodities, equity markets and funds management. MQG pioneered the process of buying assets and rolling them into finds providing a captive client for the banking group. Most of these funds were dissolved demurring GFC with MQG yet to replace the lucrative income source.
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