Macquarie CEO Says Deal Volumes Rising as Confidence Returns (1)

The pace of merger and acquisitions is picking up as global markets’ confidence returns and the path for interest rates becomes clearer, Macquarie Group Ltd. Chief Executive Officer Shemara Wikramanayake said.

Opening the bank’s Australian investment conference in Sydney, Wikramanayake was upbeat about the economic and investment outlook. She told delegates that the period of caution when people sat out of the market is starting to end. Global economic growth has weathered the worst of the inflation shock and has proved to be “resilient,” Wikramanayake said.

Shemara Wikramanayake

Photographer: Brent Lewin/Bloomberg

US central bankers left their benchmark rate unchanged last week, ...