Daily Dispatches: Morgan Stanley still seeks stockbrokers
Morgan Stanley Smith Barney remains on the hunt for more stockbrokers to grow its market share after posting a small loss last year. (The Australian)
QBE has bought NAU Country Insurance Company, a multi-peril crop insurance business headquartered in Ramsay, Minnesota, with offices in the US midwest and in California. (News.com.au)
The federal government will support new laws clawing back bonuses paid to directors and executives in the event of a misstatement in a company's financial statements, Treasurer Wayne Swan says. (Sydney Morning Herald)