Legal
A Banker Drew Macquarie Into a German Tax Scandal. It Became a Costly Bargain
In 2005, as Macquarie Group Ltd. executives plotted an aggressive expansion to transform the Australian infrastructure investor into a global financial force, a banker in London pitched them an idea. Kaushik ‘Kush’ Obhrai, looking for his next assignment after leaving Morgan Stanley and Deutsche Bank AG, proposed a form of…
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