Daily Dispatches: Boutique dealer groups back on recruitment trail

Boutique dealer groups and self-licensed advisory firms are catching up to their institutional rivals and are back on the recruitment trail, according to recruitment specialist Profusion Group. (Investor Daily)

Building an investment bank -- rather than running a well-established one -- has proved a refreshing change for Moelis high-flyers Andrew Pridham and John Steinthal. (The Australian)

An argument that former employees of the failed Allco Finance Group should not be paid their entitlements because they provided their services to Allco subsidiaries would lead to ''quite absurd situations'', a court has been told. (Sydney Morning Herald)

Commonwealth Bank's head of structured finance, Leanne Leong, has left the bank following an internal review of the highly profitable operation. (The Australian)