Daily Dispatches: ANZ-RBS deal is close to receiving final approvals

ANZ expects to have the bulk of regulatory approvals for last year's $US550 million acquisition of Royal Bank of Scotland's businesses in Asia finalised over the next three months. The bank today said it had received regulatory approval to complete its acquisition of RBS' Singapore and Taiwanese businesses. (Business Day)

NAB and Richard Branson's Virgin Money remain in the running for RBS assets in Britain as rival Banco Santander steps up its interest. (The Australian)

The global financial crisis hit younger Australians the hardest, with new data showing Gen Y got the lowest salary increases last year and turned to the dole in greater numbers than any other age group. (The Australian)