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
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The Commonwealth Bank of Australia (ASX: CBA) share price began 2024 just under $100 per share. And, recently, CBA shares changed hands at around $115.54. So, is the CBA share price undervalued?
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