Business

Australia's Macquarie Group acquires UK's Green Investment Bank

CLSA has a buy rating on Macquarie Group.

Australia's Macquarie has been forced to make a string of concessions with its £2.3 billion ($3.9) takeover of the UK's Green Investment Bank after a fierce backlash and claims that it is "worst kind of company" to be carrying out the organisation's environmental mission.

Credit Suisse facing unprecedented pay revolt

Tidjane Thiam, chief executive of Credit Suisse, observed last week that, as an entire sector, European banks are still ...

Credit Suisse Group AG is facing growing opposition to its bonus plans for executives and directors, with a third advisory group recommending shareholders reject this year's pay packages as excessive.

Donald Trump's tax tweet

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In the wee hours of Saturday morning, Donold Trump tweeted that big tax reform and tax reduction would be announced on Wednesday. But does Wall Street believe him anymore?

Markets Live: Investors cheer France

Campaign buttons for Emmanuel Macron, French presidential candidate who is now expected to be the country's next leader.

ASX starts the week on the front foot after France's first round of presidential polling produces a market-friendly result, which helped push the euro to a five-month high.

Spotless board says reject Downer's offer

Spotless Group chief executive Martin Sheppard. The company has gone to the Takeovers Panel.

The board of Spotless Group has recommended investors knock back the shock $1.2 billion bid from services company Downer EDI labelling it as "opportunistic, hostile, highly conditional' and unlikely to proceed.

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