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Australiaâs largest investment bank expects a recession in the US and headwinds in Europe from inflation and the energy crisis, as it profited from volatility in global energy markets. Macquarie Group said on Friday its energy and commodities business drove revenue in the first six months of its financial year ending next March as its clients sought to hedge their exposure to gas, power, oil and minerals prices, which have been hit by the war in Ukraine. Shemara Wikramanayake, chief executi...
>>> Read more: Macquarie warns of US recession as energy hedges drive up profits
>>> Read more: Macquarie warns of US recession as energy hedges drive up profits
