Investment bank Macquarie Group
(ASX:MQG) says it expects its second half profit to be in line with its first half result of $479 million.
However, CEO Nicholas Moore says there is potential for the second half profit to increase by 10%, depending on market conditions and other factors.
The company’s total retail deposits increased to $14.5 billion at December 2009 from $13.9 billion at September 2009, and it capital was $11.9 billion at December 2009.
Macquarie posted a profit of $871 million for the 12 months to March 30, 2009.
