Press Release
New York, 02 August 2011
Macquarie Securities, the institutional equities arm of Macquarie Group ("Macquarie") (ASX: MQG; ADR: MQBKY), today announced two senior analyst hires in New York and the appointment of Thomas Alonso as Head of US Banks Research for Macquarie.
The appointments follow Macquarie's recent announcement of four senior hires to its sales and trading team in New York.
"These appointments reflect our continued investment in our US equities business in sales, trading and research, and Macquarie's strategy of providing deep and experienced coverage in targeted sectors," said Ken Savio, Senior Managing Director and US Head of Macquarie Securities.
Andrew Root, Managing Director and Head of US Research said: "Aldo, Liz and Tom are experienced analysts with sector knowledge that is relevant and consistent with Macquarie's specialist US coverage. Aligning our focus in key sector verticals for Macquarie continues our commitment to providing specialist sector coverage globally."
Macquarie Securities is ranked #9 globally for number of companies under coverage and covers more than 500 stocks in the US (as at March 31, 2011).
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