AU
Backers call Macquarie top-tier in London
5 December 2005
Anonymous
After a surprising last minute rally, 52% of over 400 respondents to last week’s eFinancialCareers poll voted Macquarie Bank a heavyweight player in the London market.
The result has left us a little mystified. OK, so Macquarie Bank may be in the running for the London Stock Exchange and may be a big force in the world of infrastructure investments, but Thomson Financial tells us the Australian bank ranked only 27 in UK M&A deals year-to-date and was outside the top 150 for debt and equity capital markets issuance.
Could it be that the 150 employees hired by the bank in London this year cast a last minute vote in its favour, or does Macquarie have hidden strengths that put it on a par with the likes of Goldman Sachs? Let us know what you think.
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