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Macquarie Group Ltd (MQG.AX)

MQG.AX on Australia Stock Exchange

23 May 2017
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Latest Key Developments (Source: Significant Developments)

Macquarie Group updates on FY17 outlook
Wednesday, 27 Jul 2016 06:24pm EDT 

Macquarie Group Ltd : Macquarie Group 2016 agm media release . Continue to expect FY 2017 result for the group to be broadly in line with FY 2016 . Group capital surplus of $A3.5 billion at 30 June 2016 . FY 2017 tax rate is currently expected to be broadly in line with FY 2016 . For the period end the bank group APRA Basel III common equity tier 1 capital ratio was 10.3 per cent . Expects FY 2017 combined net profit contribution from operating groups to be broadly in line with FY 2016 .  Full Article

UK's CMA says not to refer Motorola-Airwave deal to phase 2 investigation
Friday, 1 Jul 2016 07:18am EDT 

Competition And Markets Authority(CMA):Has decided not to refer following Motorola Solutions acquisition of Airwave Solutions Limited to a phase 2 investigation.  Full Article

UK's regulator revokes initial enforcement order on Motorola-Airwave deal
Thursday, 9 Jun 2016 09:05am EDT 

UK's Competition and Markets Authority: UK's CMA says revoked initial enforcement order regarding completed acquisition by Motorola Solutions Inc Of Airwave Solutions Limited (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Macquarie Group announces appointment of chairman
Thursday, 31 Mar 2016 08:42pm EDT 

Macquarie Group:Peter Warne appointed as chairman of Macquarie Group and Macquarie Bank.Peter warne succeeds Kevin Mccann Am as chairman of Macquarie Group and Macquarie Bank.  Full Article

Macquarie Group Ltd to pay $7.4 mln in Puda Coal settlement - Reuters
Sunday, 18 Oct 2015 08:00pm EDT 

Macquarie Group Ltd:A unit of Australia's Macquarie Group has agreed to pay $7.4 million to settle shareholder allegations that it underwrote a securities offering for Puda Coal without disclosing that the Chinese mining company was an empty shell - RTRS.Filed in 2011, the securities fraud lawsuit said Macquarie Capital USA helped sell $108 mln of shares for then-New York Stock Exchange-listed Puda Coal in 2010 - RTRS.while knowing that the company's main coal business had been transferred to its chairman and then sold or pledged as collateral to an investment fund - RTRS.The lawsuit said Macquarie received an investigative report revealing the transfer of the coal business six days before the 2010 offering but did not act on it - RTRS.The preliminary settlement was disclosed in a court filing on Monday and must be approved by a Manhattan federal judge. The underwriters denied all charges of wrongdoing, the filing said - RTRS.The settlement is the latest legal fallout for Macquarie over its underwriting for Puda. In March, Macquarie agreed to pay $15 million to settle U.S. Securities and Exchange Commission charges that it misled investors about the 2010 offering - RTRS.Puda's shares collapsed in 2012 after a research report disclosed the transfer of Puda's 90 percent stake in its main asset, Shanxi Coal. Puda's shares have been delisted and the company is no longer in business - RTRS.  Full Article

Macquarie Group to acquire Esanda portfolio
Wednesday, 7 Oct 2015 09:30pm EDT 

Macquarie Group Ltd:Entered into an agreement to acquire the Esanda dealer finance portfolio (the Portfolio) from Australia and New Zealand Banking Group Ltd.The purchase price of the transaction is approximately $A8.2 billion.The financial close for the acquisition is expected to occur by Oct. 31.  Full Article

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UPDATE 3-Australia's 'Big Four' banks launch fresh attack on new tax

* Annual impact seen at A$220 mln for CBA, A$260 mln for Westpac, A$245 mln for NAB, A$240 mln for ANZ