Business
Macquarie Group (ASX:MQG) is hungry for assets as its share price grows
The Macquarie Group Ltd (ASX: MQG) share price has been performing strongly over the last 6 months, gaining 24.5% over the period. Similar to the big four banks, Macquarie appears to be enjoying the rotation from tech into financials. But there’s a lot more going on for Australia’s fifth-largest bank.
The Macquarie share price finished the day 0.95% higher, at $149.60 a share.
Macquarie has been busy buying (and trying to buy) more assets. Given the bank’s recent performance, it’s worth looking at what the bank has been cooking up.
Whatcha gonna do with all that cash?
Being predominantly an investment bank, Macquarie focuses heavily…
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