Mac­quarie to merge trad­ing busi­nesses

China Daily (USA) - - BUSINESS -

Mac­quarie Group Ltd will com­bine two of its three cap­i­tal-mar­kets busi­nesses, as Aus­tralia’s big­gest in­vest­ment bank seeks to bring its trad­ing ac­tiv­i­ties un­der one roof. The se­cu­ri­ties firm cited the de­sire to stream­line operations and pro­vide clients with an in­te­grated ser­vice across global mar­kets as the mo­ti­va­tion for the merger, along with “in­dus­try changes,” ac­cord­ing to a state­ment re­leased on Tues­day.

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