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Macquarie banker who earned more than Jamie Dimon steps down

The 28-year veteran of the firm will resign as head of commodities and global markets and from the executive committee on Feb. 27, to “pursue opportunities outside Macquarie,” the bank said in a statement Tuesday. ....

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Paytm shares plunged 9% today; bear case target at Rs 180, says Macquarie

Macquarie suggested a target of Rs 180 in its bear case scenario that factored in a 75 per cent decline in distribution revenues against 60-65 per cent fall in its base case. ....

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Paytm target slashed by Macquarie on exodus of customers woes

Macquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments firm Paytm, citing risks of customers leaving the platform in the wake of heightened regulatory scrutiny. Macquarie, which famously predicted the slump at Paytm before the listing, lowered its target to 275 rupees (down 57.7% from its previous target of 650 rupees), the most brutal by any major brokerage firm. Paytm, which dropped more than 6% Tuesday morning to 395 rupees ($4.76), is reeling from the Indian central bank's clampdown. ....

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Paytm share price: Macquarie cuts Paytm target price to Rs 275 in fresh downgrade

Paytm shares fell 8.7% to Rs 385.75 on BSE after Macquarie downgraded the company with a reduced target price of Rs 275 in the base case scenario. Following a ban on Paytm Payments Bank, RBI Governor Shaktikanta Das stated that there is limited scope for reviewing actions. ....

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Another blow for Paytm! Macquarie cuts target price in fresh downgrade; shares crash 10%

India Business News: Paytm shares experience a significant decline of up to 9.88% after global broking firm Macquarie downgraded the company. Macquarie expressed concerns ....

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