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Macquarie Group Ltd (ASX:MQG)

Diversified Financials

Macquarie Group Ltd (ASX: MQG) is Australia’s largest investment bank with operations spread throughout North America, Europe, Middle East, Asia and Australia. Unlike a traditional ‘retail’ bank, like most investment banks Macquarie makes a large chunk of its profit by operating in the investment markets and managing ‘assets’ for individuals and organisations. As of 2019, Macquarie had reported a profit for 50 years in a row.

Macquarie Group Ltd (ASX:MQG) share price

Macquarie Group Ltd (ASX:MQG) share price news

ASX Bank Shares
James Dunn

Australian share market up ahead of US CPI

The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 36.3 points, or 0.5 per cent, to 7,235.3 points at the close. The broader All Ordinaries (INDEXASX: XAO) rose 36.2 points, or 0.5 per cent, to 7,446.4.

ASX Bank Shares
James Dunn

Moribund day on Monday, but a green finish

The benchmark S&P/ASX 200 (INDEXASX: XJO) index ending the session 4.1 points to the good, at 7,199, while the broader All Ordinaries (INDEXASX: XAO) edged 4.6 points into the green, to 7,410.2.

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