Macquarie Bank Funding, Investors & Competitors

Morgan Stanley is a global financial-services firm founded in 1935 that serves individuals, companies, institutional investors and governments. Its investment-banking and capital-markets businesses advise clients on transactions and help them raise financing. The firm also provides securities sales, trading, market-making and research services to institutional clients. Its wealth-management business supports individuals and organisations in building, preserving and managing their assets. Investment Management offers strategies across public and private markets for institutional and individual investors. The group earns revenue from financial advice, capital-raising services, trading and investment-management activities. It also provides workplace financial solutions for employers and their employees. Its international office network supports cross-border transactions and investment services. Morgan Stanley participated as an equity investor in the 2007 TXU acquisition, a role distinct from merely providing acquisition financing or advisory services.

Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and has been the leading provider of global merger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more predictable, fee-based businesses like asset and wealth management, which contributed roughly 30% of postprovision revenue at the end of 2025. The firm generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumer credit card loans.

Macquarie Group is an Australian multinational investment banking and financial services group headquartered in Sydney and listed on the Australian Securities Exchange. It operates through four groups: Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital, its advisory and principal investment arm. It serves institutional, corporate, government and retail clients, and is one of the world's largest infrastructure asset managers, with A$938.3 billion of assets under management and total assets of about A$403 billion in 2024. The group employs more than 20,000 staff in 34 markets and earns fees and commissions, net interest income and trading and investment income. Its subsidiaries include Macquarie Bank Limited and investments in infrastructure businesses such as Southern Water and Arqiva. Macquarie was founded on 10 December 1969 in Sydney as Hill Samuel Australia, a subsidiary of the UK's Hill Samuel & Co.

Banco BTG Pactual is a Brazilian investment bank and asset manager headquartered in São Paulo and listed on the B3 exchange. It provides investment banking, corporate lending, sales and trading, wealth management, asset management and consumer banking services, and its merchant banking and private equity arm invests in companies across Latin America. The bank traces its origins to Pactual, founded in Rio de Janeiro in 1983 by André Jacurski, Luiz Cezar Fernandes and Paulo Guedes, and is chaired by André Esteves with Roberto Sallouti as chief executive. BTG Pactual earns fees, trading income and net interest income, reported net income of about US$3.0 billion and total assets of about US$162.8 billion in 2025, and employed 8,188 people in 2024. In 2025 its private equity arm agreed to invest $300 million in egg producer Global Eggs for an 11% stake.

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $54 trillion in assets under custody and administration, and $5.7 trillion in assets under management, as of Dec. 31, 2025, State Street operates globally in more than 100 geographic markets and employs about 51,500 worldwide.

China International Capital Corporation, known as CICC, is a Beijing-based investment banking and financial services group established in 1995. Its activities include investment banking, equity sales and trading, fixed income, currency and commodities services, investment management and wealth management. The company provides financial advice and capital markets services to businesses and institutions, while its wealth management operations also serve individual investors. Its investment banking activities support securities offerings, corporate transactions and access to domestic and international capital markets. Investment management services and research capabilities complement its securities and advisory businesses. CICC earns revenue through financial services, securities activities and the management of client investments rather than manufacturing or selling physical products. The company converted into a joint stock company in June 2015 and listed on the Hong Kong Stock Exchange in November of that year.

Nomura Holdings Inc is a financial services group in Japan and operates offices in countries and regions world-wide, including Japan, the U.S., the U.K., Singapore, and the Hong Kong Special Administrative Region ("Hong Kong") through its subsidiaries. The company's clients include individuals, corporations, financial institutions, governments, and governmental agencies. The company's business consists of Wealth Management*, Investment Management, and Wholesale. The company generates the majority of its revenue from the wholesale segment. The Wholesale Division consists of two businesses, Global Markets, which is mainly engaged in the trading, sales, and structuring of financial products, and Investment Banking, which is engaged in advisory, financing, and solutions businesses.

Mega Financial Holding Co Ltd is a financial services holding company operating mostly in Taiwan but with exposure internationally. The activities of the company includes banking, underwriting securities, brokerage and proprietary business of bills and bonds, insurance, asset management, venture capital, business operations, and others.

GF Securities Co Ltd is principally engaged in securities business, the proxy sale of securities investment funds, the provision of futures intermediary services for futures companies, securities investment fund custodian, fund raising, fund sales, asset management, project and investment management, commodity futures brokerage, financial futures brokerage and futures investment advisory, etc. It operates through the following segments: Investment banking, Wealth management, Trading & Institutions, and Investment management.

Fabric Invest is an investment firm managing assets across fintech, biotech, healthcare, and real estate sectors. It provides asset management, wealth advisory, and investment banking services from offices in London and Doha. Founded in 2019, Fabric Invest oversees a portfolio spanning 75 companies worldwide with a focus on pre-seed to IPO stages. The firm partners with entrepreneurs in SaaS and blockchain, maintaining global operations.

HUATAI FUTURES is a Nanjing-headquartered futures brokerage under Huatai Securities that delivers commodity trading, risk hedging, and asset management services. The firm operates clearing services across agricultural, metal, and energy contracts on China's exchanges. HUATAI FUTURES maintains client accounts for manufacturers and serves international traders through its Hong Kong affiliate.

LIQUiDITY Group is a Tel Aviv-based fintech, founded in 2018, that provides unsecured, non-recourse growth capital to later-stage technology companies without taking equity, using machine learning and real-time data to underwrite loans ranging from $5 million to $100 million. Also known as Liquidity Capital, it is a subsidiary of Meitav Dash and has partnered with Apollo Funds and MUFG Bank on credit facilities and joint-venture funds, including the Mars Growth Capital platform for late-stage and mid-market technology lending in Europe and Asia.

JPMorgan Chase is a publicly traded financial services group based in New York that operates through the J.P. Morgan and Chase brands. It serves consumers, small businesses, corporations, institutional investors and government clients in the United States and internationally. Its consumer and community banking activities provide deposit, borrowing and related financial services to individuals and businesses. Commercial and investment banking operations advise clients, arrange capital, extend liquidity, manage financial risk and provide payments and asset-custody services. Asset and wealth management businesses manage investments across multiple asset classes for individuals, financial advisers and institutions. The group earns interest, banking and transaction fees, advisory fees and investment-management income from these activities. It has also made private investments through affiliated vehicles, including the indirect ownership of JPMorgan Private Capital Asia’s investment in Tianrui Cement.

Bank of America is one of the largest financial institutions in the United States, with more than $3.4 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.

HSBC Holdings plc is the London-headquartered parent of the HSBC Group, one of the world's largest banking and financial services organisations, which opened its doors in Hong Kong in March 1865 to finance trade between Europe, Asia and the Americas. Today it serves around 41 million personal, wealth and corporate customers in 56 countries and territories and has about 211,000 employees. It runs four businesses, Hong Kong, the UK, Corporate and Institutional Banking, and International Wealth and Premier Banking, which cover retail and commercial banking, global banking and markets, wealth management and private banking. For 2025 the group reported revenue of $68.3 billion, net interest income of $34.8 billion, profit before tax of $29.9 billion and total assets of $3,233 billion, and CEO Georges Elhedery targets a return on tangible equity of 17% or better, excluding notable items, in each year from 2026 to 2028. Its footprint has been simplified through disposals in Canada and Argentina and the sale of a French retained loan portfolio completed in late 2025, and it privatised Hang Seng Bank with the capital impact falling in January 2026. HSBC shares are listed in London, Hong Kong, New York and Bermuda.

Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.5 trillion in assets at the end of July 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital markets businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.

Wells Fargo is a United States financial-services company headquartered in San Francisco. It provides consumer and small-business banking, commercial banking, corporate and investment banking, and wealth and investment management. Customers include individuals, households, small businesses, large companies and institutional investors. The company earns revenue from interest on loans, service fees, investment and advisory activities and other banking products. Its operations are concentrated primarily in the United States and include branches, digital banking and corporate financial services. Wells Fargo completed the acquisition of First Interstate Bancorp in April 1996, combining two large western banking networks and creating substantial branch overlap. The current listed company has undergone later corporate combinations, but the existing record represents the buyer identity used for the historical First Interstate transaction.