Analysis Bank Hapoalim’s Choice: Bad, Worse or Worst

Israel’s biggest bank has to sell its credit unit, but it will be hard-pressed to match the rich valuation that rival Leumi got for Leumi Card this week

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On Wednesday, it will have been two years since Arik Pinto took over as CEO of Bank Hapoalim, Israel’s biggest lender and he has yet to make his mark on the bank with a major deal that would add to its bottom...