Markets

The CEO of ‘millionaire factory’ Macquarie Bank just lifted the lid on its pay structure, which he argues is unique and designed to keep people long-term

Macquarie bank believes its system of paying it staff is unique. Unlike the big four banks, its shares profit rather than gives bonuses. And it makes every employee accountable for their actions. Nicholas Moore today gave insight into how Macquarie Group, once widely referred to as the millionaire’s factory, pays […]
The CEO of ‘millionaire factory’ Macquarie Bank just lifted the lid on its pay structure, which he argues is unique and designed to keep people long-term
Markets

Macquarie CEO Nicholas Moore is going

Macquarie Bank announced this morning that managing director and CEO Nicholas Moore will retire in November. The Macquarie board announced an internal appointment to succeed Moore. Shemara Wikramanayake, currently the Group Head of Macquarie Asset Management, will assume the role of CEO when Moore retires. Moore will retire on November […]
Macquarie CEO Nicholas Moore is going