Weekly Global News Wrap Up: $3m stolen in Tesco cyber theft; Wall Street's prospects for year-end bonuses improving

And Fed says banks tightened commercial property lending standards in Q3.

According to Reuters, Tesco was the target of the first mass hacking of accounts at a western bank, with 2.5 million pounds ($3 million) stolen from 9,000 customers over the weekend. Online transactions were halted on Monday, but the bank has already resumed full service. All customer accounts affected by the theft were also refunded by Tesco Bank. Read more here.

Bloomberg cites a report by Johnson Associates Inc. which says outlook for bankers who sell debt or equity on behalf of corporations has improved, with year-end bonuses forecast to fall 10% to 20%, compared with the 15% to 25% decline projected in August. Bankers offering merger advice will see their compensation fall 5% to 10%, Johnson estimated. That's improved from a projected decline of as much as 15% in August. Read more here.

Reuters reports that according to the Federal Reserve's survey of loan officers, banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall. Read more here.