what is macquarie bank
Headquartered in Sydney, Macquarie is the largest Australian investment bank and the top ranked mergers and acquisitions advisor in Australia. Macquarie is listed in Australia (ASX:MQG) and is regulated by APRA, the Australian banking regulator, as the owner of Macquarie Bank Limited, an authorised deposit taker.On 2 May 2014 Macquarie announced a net profit after tax for the year to 31 March 2014 of A$1265 million.acquarie took its name from Lachlan Macquarie, an early Governor of New South Wales who dramatically transformed the early settlement in Australia from a penal colony into a dynamic economy. Macquarie Bank took over Hill Samuel Australia and opened its doors for business in 1985 in Sydney.