Australian investment bank Macquarie Group has promoted the head of its asset management arm Shemara Wikramanayake to chief executive, the first female CEO at a major investment bank.
Wikramanayake, who has worked at Macquarie for 31 years, has transformed her division to see asset management generate over half of the firm's total net profit. She joined the firm in 1987 and initially...
The US dollar is close to peaking and the risks now seem to be on the downside.
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