All articles tagged with #macquarie
A star banker at Macquarie, who reportedly earned more than the CEO, has resigned after 28 years with the company. His departure comes as a surprise and raises questions about the reasons behind his decision to leave the prominent financial institution.
Macquarie has slashed its 12-month price target on Paytm by 57.7% due to concerns over a potential exodus of customers following heightened regulatory scrutiny from the Reserve Bank of India. The central bank's recent clampdown on Paytm Payments Bank has raised existential questions about the future of the leading financial services firm, with Macquarie predicting a sharp reduction in revenues and potential challenges in retaining lending partners. The analyst team also highlighted the arduous task of migrating payment bank customers to other bank accounts within the RBI's deadline.
Macquarie has successfully raised a record €8 billion for its Europe infrastructure fund, marking a significant achievement in the fundraising landscape. The substantial amount raised reflects strong investor interest in infrastructure opportunities across Europe.