Macquarie Group to Close U.S. Debt Capital Markets Division

Reported 1 day ago

Macquarie Group, Australia's largest investment bank, plans to wind down its U.S. debt capital markets arm to focus on private credit, affecting around 80 jobs. Some employees will transition to new roles, while others will leave the company. The decision was announced in a town hall meeting, with Macquarie expected to sell assets from its U.S. operations over the next two years.

Source: YAHOO

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