Daily Dispatches: Westpac bankers are mugs

Ever felt a big bank has left a bitter taste in your mouth? Now one is getting in our faces by plastering photos of staff on takeaway coffee cups. Caffeine lovers at Melbourne cafes are being confronted with Westpac ads for local business bankers featuring their pictures and contact details. (Daily Telegraph)

New Suncorp Metway chief executive Patrick Snowball has moved to stamp his mark on the Brisbane-based financial services group, overhauling the management of the insurance operations. However Snowball, who took charge of Suncorp at the start of August, has resisted bringing in new executives from outside, instead looking within Suncorp's own for the shake-up. (Business Day)

Barclays has added to increasing market optimism on Australian banks, becoming a substantial holder in three of the nation's biggest lenders before they report results later this month. The London-headquartered financial group on Monday popped up on the registers of ANZ and NAB with a 5.06 per cent and 5.29 per stake, respectively. (The Australian)