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Macquarie Group reports $3.7B profit, up 5%, amid executive pay cuts due to compliance issues.
Macquarie Group reported a full-year profit of $3.7 billion, a 5% increase from the previous year, despite facing compliance issues that led to reduced pay for top executives.
The rise in profit was driven by strong performances in asset management and banking, though its commodities and global markets division saw a decline.
The company's capital position remains strong, with a surplus of $9.5 billion.
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Macquarie Group reporta ganancias de 3.700 millones de dólares, un 5% más, en medio de recortes de sueldos de ejecutivos debido a problemas de cumplimiento.