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Hackers may pocket about $70mn in Bangladesh heist

  Bloomberg Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the South Asian nation, according to Finance Minister Abul Maal Abdul Muhith. The Philippines — where most of the funds ended up — will probably recover as much as $10 million of the $81 million stolen in February from ...

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Spanish banks focus on capital-hungry Portuguese lenders in the region

  Bloomberg Spanish banks are gobbling up a growing slice of Portugal’s financial industry, taking advantage of the country’s halting recovery from Europe’s debt crisis. CaixaBank SA, a Barcelona-based giant, is the latest pursuer, offering about 900 million euros ($1 billion) last month for the portion of Oporto-based Banco BPI SA that it doesn’t own. The deal would mark the ...

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Qatar central bank to offer 2bn riyals T-bills in auction

  Reuters Qatar’s central bank will offer 2 billion riyals ($550 million) of Treasury bills in an auction this week, according to an invitation sent to banks. Bids will be made on Monday while the results of the auction will be announced on Tuesday. The offer comprises 1 billion riyals of three-month bills, 500 million riyals of six-month bills and ...

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