by Megha Malhotra | Feb 8, 2022 | Banks, Financial News
Aussie lender Macquarie Group said that it reported record results driven by favorable market conditions and buoyed by a rapidly growing mortgage book. The group which does not disclose profit figures in quarterly updates, said that net profit contribution from its...
by Amruth Sundarkumar | Oct 29, 2021 | Banks
Australia’s Macquarie Group reported a record profit of A$2.04bn ($1.54bn) in the six months to September, up from A$985mn ($742mn), and slightly higher than the prior half’s A$2.03bn ($1.53bn). The company recorded double-digit growth compared to a year earlier in...
by bondevalue | Apr 1, 2021 | Financial Institution Bonds
Macquarie Bank’s liquidity and operational risk capital requirements have been increase by the Australian Prudential Regulation Authority (APRA) following multiple breaches to prudential and reporting standards. Macquarie Bank is now required to hold an A$500mn...
