Macquarie Group Ltd S/Adr (MQBKY) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Well, good morning, everyone, and welcome to Macquarie's first half 2024 result. Before we begin, I would like to acknowledge the traditional custodians of this land and pay our respects to their elders past, present and emerging. I'd also ask you to turn your mobile phones either to silent or turn them off at this stage. So this morning, you'll hear from our CEO, Shamara Wickramanayake, and our CFO, Alex Harvey. And with us here or online, we've got our group heads as well. At the end of the presentation, we'll have an opportunity for question and answer. With that, I'll hand over to Shamara. Thank you. Sam and good morning and welcome everyone from me as well. So as usual, I'll just commence by touching on our business footprint across our four operating groups, which have been in place for a long time now. Across those four, as you know, they give us very good diversification in terms of the underlying thematics to which they're exposed. And all four of them are really well positioned for medium term structural growth with the areas they operate in. And those are our Australian Banking and Financial Services Group that is offering a customer experience focused digital banking offering here with a long runway to grow in home loans, business banking and wealth. And then our three global businesses, our asset manager in private markets and public investments, especially with a great real asset, franchise, which is growing a lot in this environment, especially our commodities and global markets, which operates across asset finance and financial markets and commodities, a long runway for that franchise to grow. And then Macquarie Capital, which is our advisory and capital solutions business growing in many regions, as well as bringing the Macquarie balance sheet alongs...