Macquarie Group Ltd (4M4.DU)
| Previous close | 111.24 |
| Open | 112.44 |
| Bid | 112.38 x 0 |
| Ask | 115.86 x 0 |
| Day's range | 110.14 - 112.44 |
| 52-week range | 93.00 - 119.00 |
| Volume | |
| Avg. volume | 1 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Macquarie's $1.5 bln India EV platform to focus on fleet electrification
Australia's Macquarie Group launched on Monday an EV financing platform for India that will focus 95% of its $1.5 billion investment on electrifying fleets of commercial vehicles. The platform, called Vertelo, will offer financing, fleet management and charging infrastructure solutions, its chief executive Sandeep Gambhir said at the launch. The remaining 5% of investment will go towards charging infrastructure and other requirements.
ReutersMacquarie's banking unit to stop new car loans to focus on mortgage growth
"This decision will enable us to further prioritise the growth of our home loan and deposit offerings," Ben Perham, Macquarie's head of personal banking, said in a statement. Macquarie's Banking and Financial Services Group, which contributed 15.5% to the infrastructure investor's fiscal 2023 net operating income of A$19.12 billion ($12.33 billion), said the change will not impact existing customers.
ReutersAustralia fines Macquarie Bank $6.4 million for not preventing unlawful third-party transactions
The bank allowed customers to give third parties, such as financial advisers and stockbrokers, different levels of transaction authority, including to withdraw fees, the Australian Securities and Investments Commission (ASIC) said in a statement. Macquarie Bank provided a bulk transacting tool to third parties to make multiple withdrawals across several customer accounts simultaneously.
