Macquarie eyes the billion dollar earnings barrier

After a tough few years, Macquarie is in reach of breaching the billion dollar earnings barrier.

Don’t expect too much guidance this reporting season on future earnings given the uncertainty and instability on global markets right now.

Macquarie Group chairman Kevin McCann this morning probably went further out on the limb than most would dare when he proffered that the investment bank’s earnings this year “would be up” on 2013.


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