MQG 0.11% $229.51 macquarie group limited

The New MQG

  1. 24,161 Posts.
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    Prior to the GFC MQG or MBL as it was then was basically a 'SPACE STATION' with many satellites orbiting and bringing in handsome fees from financial engineering. MBL would go out and outbid for infrastructure and then slice and dice with fees sprouting up all over the place. It was a land establish on debt.
    MIG, MAP, water .................you name it and MBL was into it.
    The GFC called a halt to debt and MBL went into decline.
    Nicholas Moore took over as the CEO. He had been the architect of the infrastructure model and now saw its basic weaknesses.
    So he set about restructuring.
    To the best of my abilities I now see 6 separate divisions in MQG
    (1) MAM ..............Macquarie Asset Management...............one of the world's top 50
    (2) CAF ............Corporate Asset Finance
    (3) BFS ................Banking and Financial Services
    (4) MSG.................Macquarie Securites
    (5) MC...............Macquarie Capital
    (6)CFM...............Commodities Finacial Markets

    In 2015 it recoded $1.6B NPAT
    The best since the GFC
    On track in 2016 to beat that
 
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$229.51
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-0.260(0.11%)
Mkt cap ! $87.47B
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