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Macquarie warns of challenging outlook as profits slide by a third

The investment banking giant says tough market conditions amid the COVID-19 crisis have made it impossible to make profit forecasts after reporting a 32 per cent plunge in first-half earnings and slashing its dividend.

source https://www.smh.com.au/business/banking-and-finance/macquarie-warns-of-challenging-outlook-as-profits-slide-by-a-third-20201106-p56c2o.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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