Macquarie share price drops as ASX selloff bites; APRA relief and Feb 10 briefing in focus
Macquarie Group shares fell 2.1% to A$208.02 Friday as Australian stocks slid, with the S&P/ASX 200 down 2.2% in afternoon trade. The drop followed APRA’s move to ease extra liquidity requirements on Macquarie Bank after improvements in risk controls. Macquarie’s A$500 million operational-risk capital overlay remains in place. Investors await next week’s operational briefing for trading updates.