MQG 5.29% $195.76 macquarie group limited

selling investment lending arm, page-7

  1. 880 Posts.
    the deal is trivial in the broader scheme of things.

    however - increasing funding costs for Macquarie possibly make it hard for them to continue to own margin lending in this environment. suspect that margin lending would be only borderline profitable, at best, at present.

    the business would be better owned by one of the big 4, with a lower cost of funding.
 
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