The Macquarie (ASX:MQG) share price is outperforming the ASX big 4 in the past month
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The Macquarie Group Ltd (ASX :MQG) share price has had a stellar month, outperforming all 4 of the major ASX banks, even CBA.
The Macquarie Group Ltd (ASX: MQG) share price has long lived in the shadows of its larger ASX banking brethren. The big 4 banks like Commonwealth Bank of Australia (ASX: CBA) and Westpac Banking Corp (ASX: WBC) seem to hold larger sway over the average ASX investors' psyche than Macquarie does. Even so, Macquarie is still widely known as the ASX's 'fifth bank'.

And it has certainly earned that reputation over the past month or so.

Macquarie has had a banging 4 weeks. Not only has the Macquarie share price appreciated by a very healthy 7.3% over the past month but it has also clocked yet another new all-time high just this morning. Yep, Macquarie shares hit a share price of $170.65 just an hour or so ago.

That performance has smashed those of the other major ASX banks over the past month. Want proof? Let's dig into it.

How has…
Sebastian Bowen
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