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BRIEF-Macquarie Group Says Currently Expects FY20 Result To Be Slightly Down On FY19

Published 01/11/2019, 08:30 am
Updated 01/11/2019, 08:36 am
© Reuters.  BRIEF-Macquarie Group Says Currently Expects FY20 Result To Be Slightly Down On FY19
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Nov 1 (Reuters) - Macquarie Group Ltd MQG.AX :

* GROUP CURRENTLY EXPECTS FY20 RESULT TO BE SLIGHTLY DOWN ON FY19

* H1 OPERATING EXPENSES OF $A4,480 MILLION, UP 9% ON 1H19 AND DOWN 6% ON 2H19

* AS AT SEPT 30, BANK CET1 RATIO 11.4%

* FINANCIAL POSITION EXCEEDS APRA'S BASEL III REGULATORY REQUIREMENTS, WITH GROUP CAPITAL SURPLUS OF $A6.7 BILLION AT 30 SEPT 2019

* TOTAL COMPLIANCE SPEND ABOUT $A270M IN 1H20, UP 15% ON 1H19

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