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Macquarie Bank back in the money The Australian

30.04.10

Moore's total remuneration last year was $9.5m, according to the annual report. But it would be worth more than $15m if you take into account the portion of his bonus that has been deferred under the group's executive share scheme.

Moore was almost as cautious as ANZ's Mike Smith earlier in the week for the obvious reason that after the calamities of the financial crisis, there will remain pockets of concern.

Greece is the latest, but its impact has been overblown and is much more a political crisis in Europe that needs to be fixed.

Smith spoke of the long list of big companies lining up at the bank ready to borrow money and Moore was happy to forecast a better return next year on the back of increased corporate activity.

As is his wont, Moore is leading the way and now has the biggest share of new-car loans in the country.

His fixed income group was the stellar performer last year and its energy division is growing fast, but the key to its future is a spread of assets across geographies and asset classes.

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