Daily Dispatches: Can CBA challenge NAB in business banking?

The Commonwealth Bank is well placed to challenge the business banking dominance of the National Australia Bank, according to a new survey of business banking customer satisfaction compiled by research firm DBM. (Smart Company)

After a 12-year international search, the man The Sydney Morning Herald once called ''AWA's forex whiz-kid'' has been brought back to Australia to face a fraud trial over transactions that occurred 24 years ago. Andrew Koval, now 47 and married to an American citizen, was arrested in July last year in his adopted home of Houston, Texas. (Sydney Morning Herald)

Nomura, the Japanese brokerage building an Australian investment bank, has named Woolworths chairman James Strong and Tower Life chairman Rob Thomas to an advisory board to help win business. (Bloomberg)

ANZ Bank yesterday opened an internal investigation into allegations that staff in Melbourne created a fake Facebook profile to gather information on customers with bad credit who have changed address without informing the bank. (Sydney Morning Herald)