Macquarie Group Ltd. , trying to win business in North America from mid-sized companies, risks being caught in an unsustainable position as it’s “squeezed” between Wall Street giants and smaller advisory firms, UBS AG said.
Republicans in the U.S. House joined with 37 Democrats to pass a bill repealing a medical-device tax, chipping away at the 2010 health-care law in a victory for companies including Medtronic Inc. and Boston Scientific Corp.
Entering the final weeks before New York’s Sept. 14 primary, Matt Doheny , an investment manager who loaned his campaign $500,000, had a 3-to-1 cash advantage over his rival for the Republican nomination in the state’s 23rd congressional district, campaign finance reports show.
Macquarie Group Ltd. hired Thomas Hassen , a former banker at Bear Stearns Cos. and Credit Suisse Group AG, to be chairman of oil and gas banking as Australia’s biggest investment bank seeks growth in the U.S.
Scott Sipprelle , a Republican running against a House Democrat in New Jersey’s 12th District, says Washington needs business smarts to fix the U.S. economy. What he doesn’t say is where he got his business experience: Wall Street.