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Daily Dispatches: BT in turmoil

BT Investment Management was in turmoil last night after it was revealed that departing chief executive Dirk Morris yesterday walked out on the company three months earlier than expected. (The Daily Telegraph)

The number of Australians out of work is expected to hit 674,000 when the official jobless rate is revealed this week. (Herald Sun)

NAB wants to repeat its success during the last recession, using the uncertain environment to extend its dominance in business banking by becoming the nation’s leading institutional bank. (The Australian)

Muslim Community Co-operative (Australia) is confident of securing a banking licence in three years to become Australia’s first Islamic bank. (The Australian)

Angry Commonwealth Bank customers are questioning whether the bank will honour its promise to repay money lost as a result of last week’s outage of its NetBank site. (Business Day)

Goldman Sachs is angry at ‘vampire squid’ slur (News.com.au)

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