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Macquarie Group Ltd (MQG.AX)

MQG.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Macquarie says impact of proposed bank levy on co is unclear
Wednesday, 10 May 2017 01:01am EDT 

May 10 (Reuters) - Macquarie Group Ltd :Macquarie notes proposed bank levy.At this stage, impact on Macquarie is unclear.It is uncertain whether proposed levy will apply to Macquarie Bank Limited's statutory liabilities, funded balance sheet.It is uncertain whether liabilities relating to foreign businesses or subsidiaries will be also be included.  Full Article

Macquarie Group posts FY profit attributable A$2.22 bln
Thursday, 4 May 2017 07:41pm EDT 

May 5 (Reuters) - Macquarie Group Ltd ::FY profit attributable A$2.217 billion versus A$2.06 billion.FY net operating income A$10.36 billion versus A$10.16 billion.Says final ordinary dividend of $A2.80 per share, 45% franked.  Full Article

Macquarie Group's FY18 results currently expected to be broadly in line with FY17
Thursday, 4 May 2017 06:38pm EDT 

May 5 (Reuters) - Macquarie Group Ltd :Annualised return on equity (ROE) 15.2%, up from 14.7% in FY16.Assets under management of $A481.7 billion at MAR 17, broadly in line with Mar 16.FY18 tax rate is currently expected to be broadly in line with fY17.Group's result for FY18 is currently expected to be broadly in line with fy17.Bank group APRA BASEL III common equity tier 1 capital ratio was 11.1 per cent at 31 March 2017.Currently expects FY18 combined net profit contribution from operating groups to be broadly in line with FY17.Intends to purchase shares to satisfy the MEREP requirements of approx. $A378 million.Intends to buyback $US250 million exchangeable capital securities (ECS) hybrid capital in June 2017.  Full Article

Macquarie Group Ltd posts FY profit attributable of A$2.217 bln
Thursday, 4 May 2017 06:21pm EDT 

May 5 (Reuters) - Macquarie Group Ltd ::FY profit attributable A$2.217 billion versus A$2.06 billion.Says 2017 franked final dividend of A$1.260 per ordinary share.FY net operating income A$10.36 billion versus A$10.16 billion.  Full Article

California Resources Corp, Macquarie announce JV
Wednesday, 19 Apr 2017 07:00am EDT 

April 19 (Reuters) - California Resources Corp :California resources corporation and macquarie announce joint venture to invest up to $300 million in oil & gas properties.California resources corp - mira has committed to fund $160 million for development of oil and gas properties in california.California resources corp - mira will fund 100 percent of development wells in which it will earn a 90 percent working interest.California resources corp - crc's working interest will revert from 10 to 75 percent upon mira achieving an agreed return.  Full Article

Central Petroleum recommends improved Macquarie proposal
Thursday, 9 Mar 2017 06:16pm EST 

Central Petroleum Ltd : CTP board unanimously recommends improved Macquarie proposal .Macquarie MPVD'S revised proposal is to offer for each share in Central cash consideration of $0.20 plus a Contingent Value Note.  Full Article

Macquarie Group says MBL allocated US dollar hybrid capital
Wednesday, 1 Mar 2017 05:47pm EST 

Macquarie Group Ltd : Mbl has allocated USD 750 million of Macquarie additional capital securities to wholesale investors .MACS will pay a fixed coupon of 6.125% per annum until first reset date in March 2027..  Full Article

EU approves DONG's acquisition of Taiwan offshore wind farm
Wednesday, 1 Mar 2017 07:06am EST 

The European Commission in Daily newsletter : Says clears acquisition of Formosa 1 wind farm project offshore Taiwan by DONG Energy , Macquarie and Swancor <3708.TW> . Says the proposed transaction would raise no competition concerns as the geographical area where the wind farm will operate is in Taiwan . In January, Dong agreed to buy 35 percent of Taiwanese offshore windfarm project Formosa from local developer Swancor Renewable for an undisclosed amount [nC7N1AJ01R] Further company coverage: [DENERG.CO] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 55;)).  Full Article

Macquarie Group says FY17 result to be in line with FY16
Monday, 6 Feb 2017 04:37pm EST 

Macquarie Group Ltd : Asx alert-2017 macquarie group operational briefing media release-mqg.ax . Continues to expect FY17 result for group to be broadly in line with FY16 . Expects year ending 31 March 2017 (FY17) combined net profit contribution from operating groups to be broadly in line with year ended 31 March 2016 . FY17 tax rate is currently expected to be broadly in line with fy16 . FY bank CET1 ratio 10.5% .Group's short-term outlook remains subject to a range of challenges including market conditions, impact of foreign exchange.  Full Article

Macquarie Group updates on FY17 outlook
Wednesday, 27 Jul 2016 06:24pm EDT 

Macquarie Group Ltd : Macquarie Group 2016 agm media release . Continue to expect FY 2017 result for the group to be broadly in line with FY 2016 . Group capital surplus of $A3.5 billion at 30 June 2016 . FY 2017 tax rate is currently expected to be broadly in line with FY 2016 . For the period end the bank group APRA Basel III common equity tier 1 capital ratio was 10.3 per cent . Expects FY 2017 combined net profit contribution from operating groups to be broadly in line with FY 2016 .  Full Article

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UPDATE 3-Australia's 'Big Four' banks launch fresh attack on new tax

* Annual impact seen at A$220 mln for CBA, A$260 mln for Westpac, A$245 mln for NAB, A$240 mln for ANZ