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AAP

Business

Derek Rose

Investment bank Macquarie posts second-highest profit

Macquarie Macquarie Group Shemara Wikramanayake

Half of investment bank Macquarie's second-highest annual profit will return to shareholders. (Dan Himbrechts/AAP PHOTOS)

Investment giant Macquarie Group has posted its second-biggest annual profit, recording $4.8 billion, a 30 per cent jump from the prior year.

Market expectations had been for a profit of $4.4 billion for the 12 months to March 31.

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