Maile Carnegie’s departure leaves ANZ searching for a new retail chief — and adds fuel to a fierce war for talent across the big four banks.

The Australian sharemarket ended flat after a mixed trading day, as losses among mining majors offset a rally in bank stocks that saw Commonwealth Bank reach a new record close.

Equity Trustees has announced that non-executive director Glenn Sedgwick will retire from the role at its next annual general meeting which is scheduled for 30 October 2025.