Macquarie Group Ltd. has released its annual report for the year ending 31 March 2023. The report highlights Macquarie's continued global operations in financial services across 34 markets, encompassing asset management, banking, advisory services, and capital solutions. Despite challenging trading conditions in some business lines, the company effectively expanded its client base, with notable performance in its commodities business. Macquarie maintained a strong return on shareholders' equity and demonstrated robust levels of capital and liquidity. The company's diversified business model and effective risk management were instrumental in achieving a record profit amidst rising interest rates and financial market instability. The full report can be accessed through the link below.
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