Macquarie Star Banker s Successor Faces Volatility Challenge bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The A$892 billion asset management division led the earnings decline, with profits down 71% to A$407 million as costs rose and Macquarie booked fewer sales amid weaker transaction conditions after a series of big deals last year.