experience . read more corporate services expertise about contact investor centre careers us log in advisory and capital markets financial institutions financial institutions sector specialisation banking insurance asset management distribution financial technology view service offerings contact our financial institutions team the team has a deep knowledge of the financial services sector stemming from a network of professionals focussed on financial institutions globally with expertise across mergers and acquisitions equity and debt capital markets . our dedicated professionals are located in offices across australia and new zealand asia north america europe and africa . co lead manager on the first bank ipo on the main market of the lse since 2001 413 million ipo of onesavingsbank nab s 1.58 billion demerger and ipo of cybg demerger to create one of the uk s largest challenger banks overview national australia bank nab one of australia s big four commercial banks divested its uk banking operations clydesdale and yorkshire banking group cybg to create one of the uk s largest challenger banks . the transaction enables nab to focus its resources on its core businesses in australia and new zealand . our role macquarie capital advised nab on the demerger of 75 per cent of cybg and was joint global coordinator on the simultaneous ipo of the remaining 25 per cent on the lse and asx . the structure allowed nab to exit fully and created an lse shareholder base for cybg . value add the seamless collaboration between macquarie capital s teams in the uk and australia was crucial to the success of this complex transaction involving multiple regulators and two stock exchanges . the team s insights also enabled it to structure an extensive investor education process to secure investor support and ensure strong demand for the ipo in challenging market conditions . see more case studies service offerings with a full suite of advisory and capital raising capabilities we connect capital with opportunity for clients around the world . in addition to our core advisory and m & a offering we provide a full spectrum of capital solutions including a comprehensive equity capital markets debt capital markets and private capital markets platform and a dedicated principal investments team . this is backed by specialist project finance financial sponsors and restructuring expertise . see more explore our other sectors industrials infrastructure utilities & renewables real estate resources telecommunications media entertainment & technology case studies read more awards read more deals read more insights read more contact a specialist email us this information is a general description of the macquarie group only . before acting on any information you should consider the appropriateness of it having regard to your particular objectives financial situation and needs and seek advice . no information set out above constitutes advice an advertisement an invitation a confirmation an offer or a solicitation to buy or sell any security or other financial credit or lending product or to engage in any investment activity or an offer of any banking or financial service . some products and or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions . all securities and financial products or instrument transactions involve risks . past performance of any product described on this site is not a reliable indication of future performance . macquarie group limited terms of use important information regulatory disclosures usa patriot act privacy and cookies site map