Macquarie Group closes down equity sales, trading and research businesses in Canada

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Australian monetary companies agency Macquarie Group is shutting down its fairness gross sales, buying and selling and analysis companies throughout Canada, the corporate confirmed.

A Macquarie spokesperson wouldn’t touch upon what number of jobs have been impacted.

It’s understood that the job cuts have been in Toronto and Calgary.

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The spokesperson stated the agency stays “dedicated’ to Canada, and it’ll proceed to supply home money equities execution companies and supply entry to its world execution platform.

The spokesperson added in an electronic mail that Macquarie has greater than 100 employees working throughout commodities buying and selling and hedging, company finance and advisory, money equities execution, futures, asset administration and tools leasing in a wide range of sectors.

Macquarie is headquartered in Sydney, Australia and has greater than 15,000 staff in 27 international locations.

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