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By Byron Kaye and Indranil Sarkar
(Reuters) - Australian investment bank Macquarie Group flagged a higher quarterly profit on Thursday and said all its business units felt the headwinds of inflation and market volatility but its diversified structure would still bring opportunities.
Macquarie did not give first-quarter profit numbers and said trading conditions had deteriorated but its exposure to volatile energy markets and unlisted infrastructure - which came with built-in "inflation protect...
>>> Read more: Australian bank Macquarie's Q1 profit climbs in a softening market
(Reuters) - Australian investment bank Macquarie Group flagged a higher quarterly profit on Thursday and said all its business units felt the headwinds of inflation and market volatility but its diversified structure would still bring opportunities.
Macquarie did not give first-quarter profit numbers and said trading conditions had deteriorated but its exposure to volatile energy markets and unlisted infrastructure - which came with built-in "inflation protect...
>>> Read more: Australian bank Macquarie's Q1 profit climbs in a softening market
