Macquarie Securities poaches three

The investment firms are committing a combined $600m in toll road owner Maple Infrastructure Trust.

Safeway Concessions has been sold to VINCI Highways, a subsidiary of VINCI.

Three brokers, including Hong Kong’s largest online brokerage Futu, have been heavily penalised by Chinese regulators, in an effort to clean up market misconduct and to curb illegal outflows.

ASIC is asking for an independent expert to review a remediation plan for the trade reporting functions of Macquarie's futures dealing and OTC derivatives; ASIC commissioner Simone Constant said that the action "underscores" the regulator's concerns with the "recurrent" nature of Macquarie's failures.

The €2.85bn deal will expand the French gas giant's presence in Asia; the acquisition is being financed by a bridge loan and will be (re)financed by bond issues.