Moody’s is concerned Macquarie Group’s balance sheet may become strained if the bank continues to expand its leasing and mortgage businesses at the rate it has been doing so since the GFC. While Macquarie’s current balance sheet is seen as being conservative and its areas of activity generally stable, “Moody’s also sees Macquarie's reliance on wholesale funding as mitigated by its conservative liquidity policy, growing diversity of funding sources and...