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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

Aussie market notches new 2023 low

The benchmark S&P/ASX200 (INDEXASX: XJO) index share price on Thursday retreated 42 points, or 0.6%, to 6,812.3, its lowest close since October 28, 2022.

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