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‘Climate of fear’: Macquarie staff take aim at investment banking arm

AFR · last updated

Macquarie faces staff unrest in its high-profile investment banking division after a group of employees wrote to the board to complain about what they described as unacceptable conduct by senior managers.

Two letters were sent to chairman Glenn Stevens alleging six senior Macquarie Capital managers had engaged in conduct “incompatible with Macquarie’s values”.

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