As an investment bank, a commodities player and an international leader in infrastructure fund management, Macquarie has inserted itself into your life somehow, no matter where you are reading this.
The Millionaires' Factory lifts the lid on this unique banking success story, from its origins in Australia in 1969 to its presence in 33 markets today. It identifies the big decisions that have allowed the bank to thrive where others have floundered, and the unique Macquarie ability to spot a niche few others can see. It also uncovers the dramas, the turf fights, the scandals and the failures, as well as the supercharged salaries and bonuses that earned them the nickname 'the millionaires' factory'.
Drawing on their interviews with Macquarie CEOs and senior managers past and present, journalists Joyce Moullakis and Chris Wright explain the culture that drives Macquarie: its unique 'loose-tight' approach to risk, its empowerment of individual staff to try new things, and its knack for turning market calamities into opportunities. Markets move and Macquarie has reinvented itself time and again as they do so, but one thing never changes: it's seldom on the wrong side of a deal.
For readers in Australia and New Zealand
The Millionaires' Factory is available from all good booksellers, including Booktopia here.
For readers in the US
Order from Amazon here.
For readers in Canada
Order from Amazon here.
For readers elsewhere in the world
The book can be ordered online from The Book Depository here.
The ebook is available from Kindle, Apple Books, Kobo Books and Google Play.
Steve Harker AM, former CEO of Morgan Stanley Australia
Copyright © 2023 Joyce Moullakis and Chris WRight - All Rights Reserved. all photos reproduced with kind permission of news corp except shemara wikramanayke provided by macquarie group
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