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Macquarie Group Ltd (ASX: MQG) Share Price and News

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Macquarie Group Ltd (MQG) is a global provider of banking, financial, advisory, investment and fund management services, headquartered in Sydney.

Macquarie is Australia’s fifth largest bank by market capitalisation, along with being one of the largest companies trading on the ASX, but its retail banking services make up just a small percentage of Macquarie’s business, with the bank primarily involved in investment and commercial banking and asset management. Macquarie is now in the top 50 global asset managers, with more than $540 billion in funds under management.

Founded in 1969 and first listed on the ASX in 2007, Macquarie operates in in more than 27 countries and with specialist investment and asset management expertise in areas such as resources, agriculture and commodities, energy and infrastructure, with a particular knowledge of the Asia-Pacific region.

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