Macquarie, Australia's largest bank, is absent from a government list of 11 banks appointed to advise on the sale of its remaining A$26.4bn (€16.5bn) stake in Telstra, the country's largest telecoms company.

Banks on the panel could be in line for a sales role on the deal, which will be the world's largest share sale.

Anna-Marie Hotte

Macquarie Bank

Deutsche Bank

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Macquarie out of Telstra deal

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