Macquarie Bank Ltd. - Introduction

Introduction

Level 15, No. 1 Martin Pl.
Sydney
NSW 2000
Australia
Telephone: +61 2 8232 3333
Fax: +61 2 8232 7780
Web site: http://www.macquarie.com.au

Public Company
Incorporated: 1969 as Hill Samuel David Clarke
Employees: 5,716
Total Assets: $32.96 billion (2004)
Stock Exchanges: Australian
Ticker Symbol: MBL
NAIC: 522110 Commercial Banking; 522292 Real Estate Credit; 522320 Financial Transactions Processing, Reserve, and Clearing House Activities; 523120 Securities Brokerage; 523130 Commodity Contracts Dealing; 523210 Securities and Commodity Exchanges; 523920 Portfolio Management; 523999 Miscellaneous Financial Investment Activities

Macquarie Bank Ltd. is Australia's leading domestically owned investment bank, and also is one of the leading independent investment banks in the world. The company has more than 5,000 employees, with operations in 22 countries, and direct investments in a wide range of companies throughout the world. Macquarie operates through seven primary—and mostly autonomous—business groups. The group's Assets and Infrastructure Group controls some AUD 7 billion in global infrastructure assets, such as toll roads, airports (including the Sydney international airport), railroads, seaports, telecommunications networks, water supply and sewage pipelines, and energy transmission and other utilities. The Treasury and Commodities group is active in the markets for precious metals, foreign exchange, debt markets, agricultural commodities, and capital management markets in Australia, the United States, the United Kingdom, Brazil, Japan, Korea, and Hong Kong. The Corporate Finance Group provides mergers and acquisition and other corporate advisory services, while its Equity Capital Markets division provides services ranging from initial public offering (IPO) advice and management to share buy-backs, securities issuing, and the like. Macquarie's Equity Group is one of the top equity brokerages in Australia, targeting the institutional and corporate segments. The group also operates an Equity Markets division providing financial services and products to the retail and wholesale markets for clients in Australia, Hong Kong, South Africa, and elsewhere. Macquarie's Investment Services Group manages a portfolio of more than AUD 20 billion, primarily for its Australian clients, but also through joint ventures in South Africa, Korea, and Malaysia. The Banking and Property Group operates through eight divisions worldwide, including property investment management, financing, banking, securitization, lending, and professional and business banking services. Last, the Financial Services Group, formed in 2000, is the company's retail financial services arm, with more than AUD 10 billion in funds under management. In 2004, Macquarie acquired the Asian equities operations of The Netherlands' ING, providing the bank with a distribution network in ten of the region's major markets. Macquarie was formed in 1985 as one of Australia's independent private banking groups. Led by CEO Alan Moss, the bank boasts total assets of nearly $33 billion.