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An announcement from Macquarie Group Limited ( (AU:MQG) ) is now available.
Macquarie Group Limited and Macquarie Bank Limited have announced the issuance of $US1 billion in subordinated notes, which will serve as Tier 2 Capital for the bank. This move is expected to increase the total liabilities of Macquarie Bank Limited and enhance its capital structure, potentially strengthening its financial position and market competitiveness.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$191.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services organization known for its diverse operations across banking, financial, advisory, investment, and funds management services. The company primarily focuses on providing tailored financial solutions to clients worldwide, leveraging its expertise in infrastructure, energy, and commodities markets.
Average Trading Volume: 739,469
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$78.03B
For detailed information about MQG stock, go to TipRanks’ Stock Analysis page.