Macquarie Bank

Macquarie Bank

Macquarie Bank is a global financial services group based in Australia. Macquarie began life in 1969 as Samuel Hill Australia, as a subsidiary of British bank Hill Samuel & Co. After the deregulation of the markets in the 1980s, Samuel Hill Australia became Macquarie in order to take advantage of opportunities for an Australian-owned bank. It is only the second private bank to be established in modern Australia.

Reviews Rating
30%
Review Score
This figure is an average of the reviews score, taken from customer reviews and the overall rating of the bank.
53%
BankRank® Score
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Matt Crabtree
Senior Editor
Matt Crabtree
Matt Crabtree is a senior editor at CompareBanks. He has over 10 years experience in writing about all aspects of finance and is passionate about helping consumers make informed decisions about their money.
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Overview

First Glance

Macquarie Bank is a global financial services group based in Australia. Macquarie began life in 1969 as Samuel Hill Australia, as a subsidiary of British bank Hill Samuel & Co. After the deregulation of the markets in the 1980s, Samuel Hill Australia became Macquarie in order to take advantage of opportunities for an Australian-owned bank. It is only the second private bank to be established in modern Australia.

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Contact Info

Email
investorrelations@macquarie.com
Phone
44 203 0372000

About Macquarie Bank

Macquarie Bank is a global financial services group based in Australia. Macquarie began life in 1969 as Samuel Hill Australia, as a subsidiary of British bank Hill Samuel & Co. After the deregulation of the markets in the 1980s, Samuel Hill Australia became Macquarie in order to take advantage of opportunities for an Australian-owned bank. It is only the second private bank to be established in modern Australia.

Macquarie’s philanthropy arm, the Macquarie Group Foundation, was founded in 1985.

Macquarie also has a collection of artworks, the Macquarie Group Collection, established in 1987. These works are displayed in the bank’s offices internationally; it is one of the world’s biggest corporate collections of Australian art.

Now, Macquarie has offices in 25 countries and employs more than 14,000 people worldwide. It is divided into several business strands:

  • Asset Management
  • Corporate and Asset Finance
  • Banking and Financial Services
  • Macquarie Capital
  • Commodities and Global Markets

Within these strands, the asset management arm includes three standalone businesses: Investment Management, Infrastructure and Real Assets and Specialised Investment Solutions.

Macquarie Bank Products and Services

The Banking and Financial Services arm of Macquarie houses the company’s retail banking services and covers personal and business banking and wealth management. Personal banking customers can choose from services including current accounts, home loans, credit cards, investments, car and vehicle loans, and term deposit accounts.

For business customers, Macquarie offers real estate and property finance services including lending, everyday banking and asset finance. They work with industries including healthcare, architecture, law, insurance, and finance. Larger corporations have access to specialist teams and services including:

  • Asset finance
  • Asset management
  • Research
  • Financing
  • Trading and hedging
  • Advisory and capital markets

 Macquarie Bank Security

Macquarie Bank Limited is authorised and regulated by the Australian Prudential Regulation Authority. In the UK, Macquarie is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority, although this is limited. Details of how the PRA regulates Macquarie is available on request.

Macquarie Bank Contact Details

Ropemaker Place
28 Ropemaker Street
London
EC2Y 9HD

Telephone: 0203 037 2000

Email: investorrelations@macquarie.com

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Macquarie Bank Reviews

Antoinette Katrib-Majcic
August 8, 2023

“I have been with Macquarie bank for 8 years now and am very disappointed in the direction they are going”

I have been with Macquarie bank for 8 years now and am very disappointed in the direction they are going. Service is declining, mortgage interest rates amongst the highest in the country. I will be re-financing very soon.

Bethany Castle
February 18, 2022

“worst customer service of my life. Received two e-mails telling me to call after fraud on my account”

worst customer service of my life. Received two e-mails telling me to call after fraud on my account. Spent 1.5 hours on the phone to be told my dispute number. I am in the UK with an 11 hour time difference. So I was doing this all at midnight. Shocking.

2 persons found this helpful

Macquarie Bank Accounts

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