Macquarie bank gay rights
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By Greg Roumeliotis. AX shed close to 15 percent of its U. The action comes as other international banks reconsider their U. Earlier this week, Japan's Nomura Holdings Inc T , for example, laid off more than two-thirds of the bankers working at its leveraged buyouts group.
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Star Macquarie banker kicks goals in Europe
The making of the Millionaires' Factory | Business | The Guardian
By Paulina Duran. AX chief executive and her predecessor are among 60 present and former staff to be named as suspects by German authorities, the Australian bank said, as Germany's biggest post-war fraud probe into sham trades unfolded. German prosecutors and tax authorities are seeking to recover billions of euros from traders and banks that prosecutors say profited from such schemes. The country estimates the schemes cost it more than 5 billion euros in total, although leading experts estimate that the damage may be twice as high. Prosecutors allege that players in the so-called cum-ex scheme misled the state into thinking a stock had multiple owners who were each owed a dividend and a tax credit. Two bankers are now on trial, with many more expected to follow.
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How Macquarie avoided a roasting at the banking royal commission
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Businessman alleges documents were forged by the bank to insert a clause he did not agree to in a case that exposes failings with financial ombudsman. Sign up to receive the top stories in Australia every day at noon. Wise, a retired businessman, first approached Macquarie more than a decade ago, seeking an investment loan. Macquarie then had Wise and his wife sign a partly blank loan application form.