...Strengths: Weaknesses: + A well-diversified business across different asset classes and geographies. + Stable and repeatable income, which strengthens the business profile. + Strongly capitalized bank, representing the majority of the group. + Strong risk-management capabilities to manage risk exposures. + Capital market-facing businesses focused on volatile markets and products. + More complex nature of credit, market, and operational risk exposures relative to local and international peers. Outlook Our outlook on Macquarie Group Ltd. (MGL) is stable, reflecting the group's well-diversified business across different asset classes and geographies; stable and repeatable income sources from the group's asset management and banking activities, which strengthens the business profile; a strongly capitalized bank that represents the majority of the group's exposures; and strong risk-management capabilities to manage the group's more complex nature of credit, market, and operational risk exposures...
