Court Memo Reveals Rift Between Bank Hapoalim Owner Shari Arison and Former Chairman Dankner

A newly released court memo offers a surprising revelation about what the bank owner really thought of her chairman's leadership.

Back in 2009, there was a tug of war over Danny Dankner, then-chairman of Bank Hapoalim. Bank of Israel Governor Stanley Fischer and banks supervisor Rony Hizkiyahu fought for his dismissal while Shari Arison, the bank’s owner, defended him, claiming she had “full trust in him and in his leadership.”