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 ...

  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 ...

  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 ...

  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 ...

  Bloomberg Australian lenders are clamping down on home loans to foreigners as concerns about the health of the nation’s housing market mount. Westpac Banking Corp. will no longer lend to offshore customers who aren’t citizens or who don’t hold appropriate residency visas, it said in an e-mail. It follows Commonwealth Bank of Australia, National Australia Bank Ltd. and Australia ...

  Bloomberg Bank of England Deputy Governor Jon Cunliffe said the central bank’s Financial Policy Committee won’t hold back from quashing risks that appear in the housing market. In a speech in London, the deputy governor for financial stability highlighted three property “hotspots” that warrant attention: buy-to-let, lending at high loan-to-income ratios to owner occupiers and commercial real estate. He ...

  Bloomberg Fitful financial markets and signs of a southwest Florida real estate slowdown so unnerved Canadians Fab and Christa Michetti that they sold one of their two vacation homes there last month. The U.S. presidential election’s isolationist talk provided one more push. “How safe are my assets going to be with the change in the political landscape?” said Fab ...

  Bloomberg Delta Air Lines Inc.’s Ed Bastian, the incoming chief executive officer, said he has seen too many bad bets on the price of fuel for the carrier to start hedging again soon. “The reason we haven’t hedged for the last year and a half is there’s just too much volatility, and we’ve been burned,” Bastian said in an ...

  Paris / AFP Air France-KLM’s board of directors have appointed Jean-Marc Janaillac, the current head of French transport group Transdev, as the group’s new chief executive following the surprise resignation of Alexandre de Juniac. “The board has decided that MrJanaillac will be co-opted as a group director when Mr de Juniac leaves office on July 31 at the latest. ...

  JOHANNESBURG / AP South African shoppers flocked to the opening of one of Africa’s largest malls outside Johannesburg, despite rising unemployment and slowing economic growth. The Mall of Africa, which was opened last Thursday, spanning 130,000 square meters (140,000 square feet) registered 68,000 visitors, a spokesman for the mall’s owners said. “We did expect a high number but this ...