Macquarie Group CEO’s Massive Salary and Share Package Revealed

Macquarie Group chief executive Shemara Wikramanayake will retire in November after nearly four decades with the finance giant, leaving office with a direct shareholding valued at more than $375 million, according to company announcements and market disclosures. Chairman Glenn Stevens informed the Australian Stock Exchange on Thursday morning that group head of banking and financial … Read more

Investors Weigh Class Action Against Super Trustees Following First Guardian and Shield Collapse

More than 100 investors have joined a potential class action investigation led by Gordon Legal following the collapse of First Guardian and Shield Master Funds, which left thousands of people with hundreds of millions of dollars in losses. While some investors received partial capital reimbursements from platforms like Netwealth and Macquarie, legal representatives argue these … Read more