Macquarie CEO Says Deal Volumes Rising as Confidence Returns [Financial Post (Toronto, Ontario, Canada)]
MACQUARIE GROUP LTD S/ADR (MQBKY)
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Source: Financial Post
Chief Executive Officer Shemara Wikramanayake said. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — The pace of merger and acquisitions is picking up as global markets' confidence returns and the path for interest rates becomes clearer, Macquarie Group Ltd. Chief Executive Officer Shemara Wikramanayake said. Opening the bank's Australian investment conference in Sydney, Wikramanayake was upbeat about the economic and investment outlook. She told delegates that the period of caution when people sat out of the market is starting to end. Global economic growth has weathered the worst of the inflation shock and has proved to be “resilient,” Wikramanayake said. Article content Article content US central bankers left their benchmark rate unchanged last week, while Australia's central bank will also likely keep its key interest rate at a 12-year high on Tuesday. “While we don't know the pace at w
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