Macquarie Group (U.S.)
VAULT RANKINGS 2013
Headquarters: New York,
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• "Growing presence in the US"
• "Still trying to find its way in the US; unclear if US build-out will succeed"
• "Trying to expand"
• "Struggling to establish itself"
NEWS AND UPDATES
- “Friendly people”
- “Communicative and helpful” managers
- “Women are still outnumbered” in the workplace
- Employees "often work Sundays or Saturdays"
ABOUT THIS COMPANY:
Born in ‘69
Macquarie’s origins date back to 1969, when three men founded Hill Samuel Australia bank in Sydney, a wholly owned subsidiary of U.K. merchant bank Hill Samuel & Co Ltd. The bank grew quickly thanks to its expertise in a diverse range of financial services and products. It wasn’t until the 1980s, 15 years after Hill Samuel was first established in Australia, that the bank’s directors decided to restructure their firm into an Australian trading bank; they received government approval to do so in February 1985. At that time, they renamed the bank Macquarie after the popular early Aussie governor, Lachlan Macquarie (1761-1824), who is fondly remembered for figuring out how to solve the then looming problem of a currency shortage by purchasing Spanish silver dollars and punching out their centers to create two new coins, the “Holey Dollar” and the “dump,” ingeniously increasing their worth, while doubling the number of coins in circulation. This prevented currency leaving the British colony.
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