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Daily Dispatches: Melbourne gets a new i-bank

New York boutique investment bank I-Bankers Securities plans to use its European and US networks to carve out a niche in the competitive local advisory market when it opens its first local branch next week in Melbourne. (The Australian)

Yesterday's impressive employment numbers are definitive proof that should finally convince even the most pessimistic soul that the Australian economy has indeed escaped the global financial crisis without suffering a major injury. (Herald Sun)

Australia's largest superannuation fund is removing an ethical exclusion from its sustainable investment fund because the range of listed companies that fits the criteria is too narrow. (Sydney Morning Herald)

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.