JOURNAL ARTICLE

Macquarie Profit Jumps, Commodities Chief Paid $25.5 Million.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Henderson, Richard 3 of 3

Abstract

The article focuses on Macquarie Group Ltd.'s financial performance and executive remuneration for the year ending March 31, 2026. The bank's commodities and global markets division, led by Simon Wright, drove a 30% rise in net income to A$4.85 billion, with Wright receiving a 56% pay increase to A$35.4 million. CEO Shemara Wikramanayake's remuneration rose 10% to A$26.5 million despite reductions linked to risk and regulatory issues, including a A$35 million fine for misleading short-sale reporting and repayments related to a collapsed fund. Macquarie Asset Management also saw a 27% profit increase, with its head, Ben Way, earning A$24.1 million. The bank plans to continue growing its Australian home lending business amid strong market conditions. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/05, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:193588921
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