Daily Dispatches: ANZ aims to add 80 in HK

ANZ aims to add as many as 80 people to its Hong Kong currency team as the bank expands its business in Asia. (Bloomberg)

Bank of America Merrill Lynch's Australian unit has hired Chad Karpes from Royal Bank of Scotland Group to head its Australian dollar bond syndicate. (The Australian)

Fair Work Australia has found the Commonwealth Bank failed to meet good faith bargaining requirements and engaged in unfair conduct to undermine collective bargaining. (The Australian)

ANZ faces two lawsuits totalling $285m over its role in the collapse of stock lending company Primebroker Securities. The legal action could lead to several prominent Melbourne business identities taking the witness stand, including ANZ chief executive Mike Smith. (The Age)