Dispatches: Battle of the bankers in... Adelaide

A voracious bustle of investment bankers has descended on the uber-carbon-friendly environs of Santos House in Adelaide. The bankers are all attempting to convince the gas company's boss, David Knox, they deserve a slice of the action in a forthcoming rights issue that could raise more than $2bn. (The Australian)

The co-founder and former chief executive of the failed Octaviar, Michael King, described JPMorgan as ''pretenders'' and ''weak as piss'' after the investment bank dithered over a potential capital raising, a court has heard. (Sydney Morning Herald)

QBE Insurance has quashed speculation that chief executive Frank O'Halloran's 12-year reign is coming to an end. (The Australian)