Macquarie Group reports profit fall and CFO exit amid shareholder and regulatory pressures.

Macquarie Group reported a drop in net profit for the first quarter of its 2026 fiscal year, citing lower contributions from asset management and commodities. The company's CFO, Alex Harvey, is stepping down after 28 years. Despite the profit decline, Macquarie remains optimistic about its diverse income sources. The bank faces shareholder dissatisfaction over executive pay and regulatory issues, including recent legal action by the Australian Securities and Investments Commission over alleged compliance failures.