Business Services Industry

No seat for Macquarie Bank at T3 table.

Australasian Business Intelligence, January, 2006

Byline: David Crowe

Jan 16, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Telstra sale will now involve 14 large investment banks, but Macquarie Bank is notably absent from the list. The Australian

Government has released a list of 11 banks that may be called upon to aid sale managers ABN Amro Rothschild, UBS Australia and Goldman Sachs JBWere in the divestment of the Government's remaining stake in the giant telco. The new list comprises banks with specialisations in particular areas of the world or specific financial products. Macquarie's exclusion is perhaps a rebuke for a violation of confidentiality in another

Government contract. It is...

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