Daily Dispatches: recruiters turn nasty

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The slump in the job market has hit recruiters, forcing some to cut staff, or even resort to questionable methods as competition for survival heats up. (Sydney Morning Herald)

Melbourne losing banking power as directors go north. (The Australian)

The Kiwi bank employee behind a decimal point blunder that handed millions to a fugitive couple is set to get the sack. (News.com.au)

Former NAB senior executive Ahmed Fahour is aiming to build the world's first Islamic global investment bank following his appointment to Middle Eastern bank Gulf Finance House. (Sydney Morning Herald)

Westpac faces a potential bill of $NZ903m ($A728.28m) in the structured finance transaction tax cases being fought in New Zealand. (The Age)

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