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AMP wants to do a Macquarie in mortgages

Alexis George used her first investor day as chief executive of AMP to shine a big, bright spotlight at the group’s tiny bank and its opportunity to dial up growth in the hot mortgage market.

Macquarie in snap $1 5b placement, three brokers on board

Macquarie Group has tapped three brokers to auction 7.9 million new shares in the company on Friday in a bid to raise $1.5 billion. 

MacCap wins Findex bake off

MacCap wins Findex bake off Save Share Macquarie Capital’s investment bankers are on the case at financial advisory and accounting firm Findex. It is understood the Silver Donut won the mandate to find Findex a new major backer and replace 40 per cent shareholder KKR Credit. Findex is the fifth biggest accounting firm in Australia by revenue, trailing only the big four international firms.   Ryan Stuart Bankers - both at Macquarie and those hopeful of securing a buy-side mandate - have been talking to other private equity groups and special situations investors, testing their appetite in taking the stake. Up for grabs is a large position in the country’s fifth biggest accounting firm, which has advisers in 110 offices across Australia and New Zealand, 3000 odd staff and $17 billion in funds under advice.

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