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Optus chair John Arthur said Friday KPMG's alleged sharing of the telco's confidential information to win business with Telstra was an “egregious breach of responsibilities”.
Macquarie Group chairman Glenn Stevens will face the latest parliamentary joint committee hearing Friday into KPMG ethic's scandal, joining executives from Westpac, Optus and Dexus.
Construction PRO
Macquarie Asset Management is partnering with Anthropic and Singaporean sovereign wealth fund GIC on data centre infrastructure, with the partnership to initially focus on data centres in the US.
A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".
Macquarie Group is conducting a review into the appointment of KPMG as its auditor, as the accounting giant reels from a whistleblower's accusations of client data breaches.
Investment manager Macquarie is the first to face a class action by investors who sank their super into the Shield and First Guardian Master Funds, with other investigations underway.
A judge has questioned whether Macquarie Financial should get 70 per cent of an interim $102 million distribution to people who sank their retirement savings into Keystone’s Shield Master Fund, which is being investigated for misuse of investor funds.
Construction PRO
Macquarie Asset Management has sold its data centre business Aligned Data Centers to a consortium led by BlackRock subsidiary Global Infrastructure Partners in a landmark $61 billion deal.
Super trustee Macquarie Investment Management has admitted it failed to act efficiently, honestly and fairly after thousands of members invested $321 million in a Keystone fund under investigation for misusing funds.
Construction PRO
The real estate division of investment bank Macquarie has made its foray into the land lease industry, with a plan to deliver thousands of homes on Australia's east coast through a new platform.