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Shares-hit Westpac’s interim profit rises

  Sydney / AFP Australian banking heavyweight Westpac posted a three percent rise in interim net profit on Monday as it battles regulatory changes and rising bad loans, disappointing investors who savaged the share price. Westpac’s Aus$3.70 billion (US$2.81 billion) result in the six months to March 31 kicked off a week of half-yearly reporting from the nation’s top lenders, ...

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Customer accounts safe despite data breach: QNB

  DOHA / Reuters Qatar National Bank (QNB), the Middle East’s largest lender by assets, said it had taken immediate steps to ensure customers would not suffer any financial loss after a security breach last week exposed personal data of thousands of clients. “We are taking every measure to protect the privacy of our customers and have engaged an external third ...

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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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