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Macquarie to merge two of its three capital-markets businesses

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Published Tue, Nov 29, 2016 · 09:50 PM

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Sydney

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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