Article Abstract:
Macquarie Bank Ltd. of Australia, offering a range of investment bank services is going global. Macquarie Bank Ltd. is known for buying hard assets (i.e. roads and airports) and gathering them into investment funds for sale to investors. The investment bank manages $46 billion Australia Dollars or $35 billion United States Dollars.
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Article Abstract:
Credit Suisse First Boston L.L.C. has reclaimed the position of number one global underwriter of high yield stocks or junk bonds. Oswald Grubel is the chief executive after a top management shuffle last year and the investment banks shares are up 14 percent to $39.56 on the New York Stock Exchange over the past year.
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Senior Parisian executive, Philippe Altuzarra, Goldman Sachs International Ltd. of the United Kingdom is moving to the London office. Goldman Sachs International Ltd. is an investment bank known for advising on mergers and acquisitions. Mr. Altuzarra is to be appointed Chairman for Belgium and France.
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