Macquarie may close structured products business in Europe

closed-for-business

Australian investment bank Macquarie Group is conducting a review of its European structured products and exotics business as a result of unfavourable market conditions, and may decide to shut it down. The move follows the departure of Todd Steinberg, global head of Structured Products, who resigned from the bank last September.

Macquarie Securities Group, the bank's structured products arm, employs over 1,500 staff across all offices worldwide, with the bulk of its European business based in Fr

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: