Daily Dispatches: rise of the Aussie banker in Asia

Four Australian bankers have been ranked among Asia's most powerful financial figures, reflecting the expansion of domestic banking networks into the region. (The Australian)

NAB faces a shareholder backlash after its majority-owned Singaporean vehicle Cambridge Industrial Trust was stopped over the weekend by regulators from making a bid for MacarthurCook Industrial Trust. (Sydney Morning Herald)

A revolution in how customers pay financial planners is likely after a long-awaited parliamentary committee tables its recommendations late tonight. (Business Day)

QBE Insurance Group said today that changing economic conditions and relative stock prices meant that it was unlikely that any revisited bid for Insurance Australia Group would meet its internal return targets. (The Australian)