Australia’s Macquarie CEO outlines global ambitions to diversify business model

The logo of Australia's biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of their Sydney office headquarters in Australia, October 28, 2016. REUTERS/David Gray

Australia’s Macquarie Group on Tuesday outlined the global ambitions of its new chief executive as it tracks toward a record annual profit thanks to its diversified business model, which helped offset losses from recent global market volatility.

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