Daily Dispatches: UBS talks tough in Australia

UBS co-chief executive Alex Wilmot-Sitwell says the Australian operations of the investment bank will defend their market share, in light of growing competition from its major rivals. (The Australian)

An index of advertisements for skilled jobs hit its highest level in seven and a half years - the latest sign that the economy is rebounding as employers begin to hunt for new workers. (Business Day)

Axa chief executive officer Henri de Castries says the French insurance company has come through the financial crisis in better shape than some of its competitors and aims to build on that advantage by expanding in emerging markets. (The Australian)

Richard Branson's Virgin Money operation in Australia continues to struggle even though its bottom line performance improved last year. (Herald Sun)