Investor Presentaiton
Overview of Macquarie
Operating Groups
1Q24 Update
Outlook
Appendix
Underlying client activity driving regulatory
capital and trading revenues
Regulatory capital (normalised) 1
Group Daily trading profit and loss² FY19 - FY23 ($Am)
Mar 19
Mar 20
Credit
Market
Mar 21
Mar 22
Mar 23
Operational
Other
Days
120
100
80
60
40
20
<-100
|
06->
<-80
<-70
09->
FY19
<-50
<-40
<-30
<-20
<-10
<0
0<
>10
>20
>30
>40
>50
• Majority of capital relates to credit risk reflecting client focused business
•
Risk management is core: built on 50+ years of accumulated experience
in managing risk for our clients and our business
• Unprecedented and extreme market volatility resulted in increased client activity
and trading opportunities
-
More large daily gains in FY23 while large daily losses remain low reflective of
robust risk management framework
FY20
FY21
FY22
FY23
09<
>70
>80
>90
90
>100
$Am
1. Mar 23 includes the impact of APRA's new "Unquestionably Strong" bank capital framework which came into effect from 1 Jan 23. Implementation of UQS resulted in an increase in CGM capital requirements, largely on account of higher regulatory buffers, along with RWA calculation changes. All periods are normalised
for FX (31 Mar 23) and shown at the post-UQS 10.25% of RWA. Prior periods have not been normalised for RWA calculation changes, including the implementation of the Standardised Measurement Approach to Operational Risk. 2. The daily profit and loss refers to results that are directly attributable to market-based
activity from Macquarie's desk.
O Macquarie Group Limited
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