Macquarie and TMB in Thai JV

Macquarie and Thai Military Bank (TMB) form an investment banking joint venture.

Macquarie and TMB announced yesterday April 27 that they are forming a new investment banking joint venture called TMB Macquarie Securities Thailand. The new JV will focus on stock broking, equity research, equity capital markets, corporate finance, infrastructure funds management and retail broking.

For Macquarie, the JV will give it access to TMB's corporate and government contact list as well as exposure to the fast growing infrastructure sector in Thailand. Together we'll form a formidable force in investment banking in Thailand, says Roy Laidlaw, head of Macquarie Securities.

For TMB the JV will give the bank access to investment banking skills and a broking license....

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