Macquarie outshines global rivals - The Australian Financial Review
7/27/2022 12:00:00 AM2 years 9 months ago
by Tony Boyd
by Tony Boyd
Record first-quarter earnings from Macquarie Group were accompanied by downbeat commentary from CEO Shemara Wikramanayake. The market seems to think the bank’s 2023 profit will not break last year’s $4.7 billion record.
This was helped by the shift of the Green Investment Group from Macquarie Capital to MAM. The private markets business within MAM had $175.5 billion in equity under management, up 11 per cent on the… [+2298 chars]
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