
Digital-bank Plan by Israel's Bank Hapoalim Raises Concerns
Regulators taking a look as critics warn expansion of its Bit app may violate competition laws
Regulators taking a look as critics warn expansion of its Bit app may violate competition laws
The company aims to raise $100 million in capital, with sources saying it currently favors listing first on Tel Aviv Stock Exchange and later in New York
Sources say Kushner is looking to raise $100 million in bonds on the Tel Aviv Stock Exchange
Step comes as treasury figures show that the residential property market is heating up again
Even if its shares have rallied, Delek still carries a huge debt load with losses amounting to 3 billion shekels in the first nine months of the year
Several Israeli banks are closing their overseas operations after allegations they had helped clients evade U.S. taxes
Wave of IPOs by small and mid-sized firms is on its way as TASE investors warm to tech stocks
Bondholders vote overwhelmingly for Mega Or’s 1.35-billion-shekel bid, despite property magnate's best attempts
Eduardo Elsztain faces tough competition from real estate company Mega Or for a group whose holdings include Israel's biggest cellular service provider
Former Federal Reserve vice chairman, Bank of Israel governor and vice head of International Monetary Fund wants key role at Bank Hapoalim
Sale of energy company to investor group provides badly needed cash to embattled tycoon Yitzhak Tshuva’s holding company
Court rejects offer to delay naming trustee to liquidate holding company, ending Argentine’s eight years of control
IDB assets set to be liquidated as bondholders seek immediate repayment of NIS 2 billion debt
Their record in overseas has been spotty at best, but delegations from Hapoalim and Leumi are now eyeing opportunities in the Gulf
Government nominating committee approved candidacy of former Bank of Israel chief over objections by one member
The double-digit coronavirus unemployment rate will make it hard for households to service debt
Despite its low debt, cash reserves, the Israeli mall owner’s shares have dropped nearly 40% in four months wiping out NIS 11.5 billion of its market cap
With a record 1 million registered as unemployed, payments are being frozen, possibly bringing banks’ decade-long profit engine to an end
Sum is the second-largest recovery by the U.S. Justice Department in connection with investigations into offshore tax evasion by foreign banks
The Finance Ministry still hasn't published the details of its planned $1.4 billion in grants, which businesses are saying is nowhere near enough
Demand for loans is growing and lending rates are rising as lockdown hits business, but banks are granting credit as per regulators’ suggestions
Delek’s Yitzhak Tshuva and IDB group’s Eduardo Elsztain wrestling with nervous creditors as asset values plunge
Companies cut back on travel, limit face-to-face meetings and hand out sanitizer, but some worry it’s still not enough
Move comes as Israel adopts EMV standards for payments and big changes underway in the payments industry
Stock exchange rebounds from Sunday’s selloff. Analysts say economic impact on Israel and the world hinges on how long the epidemic lasts
After months of debate, bank opts not to sell to strategic investor or via a share offering to the public
Surge in borrowing to 67.6 billion shekels was due to a government program, which offered lower-priced housing to qualified buyers via a lottery ■ Bankers say trend will continue in 2020
Giant U.S. investment firm seeking deal at NIS 2.8 billion valuation, but Bank Hapoalim may prefer another exit
Bank Leumi official says the business sector is already feeling the consequences of Israel's lack of a 2020 budget, which affects government contracts, payments across sectors
Deal that could change map of local banking won court approval last week