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Target breach costs banks millions; Better returns with index funds; Signet to buy Zale Corp.; China's risk to the global economy; Expats renounce citizenship

Target breach costs banks millions

Financial institutions’ expenses related to Target’s holiday data breach now exceed $200 million. Almost 22 million of the 40 million credit and debit cards compromised in the breach have been replaced, an effort that trade groups say has cost banks $172 million and credit unions another $30.6 million.

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