REFILE-UPDATE 3-Australia’s Macquarie to disband asset finance unit, bank’s one-time profit-driver
Australia’s Macquarie Group Ltd
on Thursday announced plans to dismantle its shrinking
financing unit, Capital and Asset Finance (CAF), once a key
driver of profitability, as it confirmed guidance for a slightly
lower profit in 2020.
on Thursday announced plans to dismantle its shrinking
financing unit, Capital and Asset Finance (CAF), once a key
driver of profitability, as it confirmed guidance for a slightly
lower profit in 2020.
Posted by Reuters