Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 8 of 8 results for "CGM"

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... said. Annuity-style operations led by MAM, Banking and Financial Services (BFS), and select Commodities and Global Markets (CGM) segments reported a combined net profit of $3 billion, a 27% decrease from FY23. This decline was mainly due to reduced asset ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... portfolio grew 6% to $15.5 billion, while the car loans portfolio shrank 8% to $4.8 billion. Commodities and Global Markets (CGM) experienced a decline in contributions, primarily from reduced trading revenues in North American gas, power, and emissions ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... strong results in commodities including gas and power contributions across all regions in commodities and global markets (CGM) partially offset by a lower level of realisations and lower fee and commission income in Macquarie Capital," it highlighted. ...

Macquarie posts $3bn profit, makes hire

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... (MAM) annuity-style activities along with Banking and Financial Services and businesses in Commodities and Global Markets (CGM) generated a combined net profit contribution of $3.3 billion. In addition, Macquarie Capital's market-facing activities ...

Macquarie to profit off severe weather

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... was unable to handle the freezing temperature and heightened demand for power. "Macquarie's Commodities and Global Markets (CGM) business physically ships gas on the majority of major pipelines across the US and overtime has built capacity to support ...

Macquarie expects profit jump

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
... move into the new role of MIRA's head of Americas effective April 1. Fass's role will go to Paul Plewman (currently head of CGM in EMEA) on April 1, subject to regulatory approval. He will also take Fass's spot on the group management committee, and ...

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
... (MSG) and the Commodities and Financial Markets Group (CFM) in November, creating the Commodities and Global Markets Group (CGM). MSG head Stevan Vrcelj announced his departure at the time. Warne also flagged Macquarie's 48-year profit streak at the ...

Macquarie merges businesses, exec departs

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2016
... Securities Group (MSG) and the Commodities and Financial Markets Group (CFM), now forming the Commodities and Global Markets Group (CGM). Macquarie managing director and chief executive Nicholas Moore said the merger was driven by industry changes, client ...
PAGE:
1