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Executive Pay Critics Weaken Macquarie Bank's Tax Case


Macquarie's strong first quarter reaffirms chief executive Nicholas Moore's track record for under-promising and over-delivering. The growing scrutiny on executive pay does not come at a good time for Macquarie Group. The appropriately-nicknamed "millionaire's factory" has never liked the spotlight on its bonus structure even though it is one of the key drivers of its success...

Mentions: Executive Compensation