Daily Dispatches: back-office jobs under threat at Suncorp
Suncorp is to whittle down insurance back-office operations to streamline an organisation that new chief executive officer Patrick Snowball has deemed "overly complex". The move will result in Suncorp speaking to unions although Mr Snowball yesterday was unable to detail any impact on job numbers. (Courier Mail)
There are good reasons for the international investment banker community being on the nose - the unbridled greed, the disastrous "financial engineering", the unrepentant hubris of Masters of the Universe. (Sydney Morning Herald)
NAB will expand its distribution across rural Australia through an alliance with agricultural merchandiser and real estate group Ruralco Holdings. (The Australian)
Count Financial's wholly owned subsidiary Countplus is set to embark on the final stages of acquiring a stake in a national financial planning group. (The Australian)