Eni says estimate of size of Egyptian offshore gas field 'conservative'; Yesodot Fund to compete with banks on loans for construction projects; TASE slips, dragged down by energy shares.
The Binetters deny the allegations reported by Australian media, which claimed that the brothers used Bank Hapoalim and Israel Discount Bank to conceal funds.
Hedva Ber signals an about-face for the Bank of Israel on the issue and calls for deposit insurance and banks' sales of insurance policies.
Regulator demands Bank Leumi investigate top management in wake of U.S. tax-evasion settlement.
The Finance Ministry's proposal is meant to spur more competition but the central bank fears easy credit could trigger a U.S.-style financial crisis.
Home buyers also took out a record 7 billion shekels in new mortgages last month.
Shares held by Arison Holdings could go to a foreign investor to boost the bank’s business abroad.
Number of sales to investors soared 74%, while there were 51% more sales to young couples.
Leumi selling its stake in Route 6 toll road; First International Bank of Israel merges two affiliates into main bank company; TASE up moderately, led by energy and real estate stocks.
Bank of Israel bill would limit bank chairmen to two million shekels, treasury plan would place 3.5-million cap on executive pay.
Rise comes as finance minister readies new initiatives to contain rising prices.
Committee will look into spinning credit card issuers off from lenders.
Sale is among three options Bank Leumi is exploring to help boost capital adequacy ratio.
Finance minister-designate wants to split off issuers from the banks, a move Governor Karnit Flug opposes.
Peer-to-peer lending is expected to show rapid grown in coming decade.
Bank of Israel: Borrowers recycled NIS 1.77 billion in March.
Former president insists $30,000-a-month retainer was directed to public needs.
Investigation alleges that executives used Cal to clear billions of shekels in online gambling and other illicit transactions.
Hapoalim to increase dividend to 20% of annual profit; Insuline shares collapse on planned offering; Bank, tech shares lead TASE higher.
Treasury says first quarter likely to be biggest for sales in 15 years, while new mortgages climbed 27% last month.
Will savers have to pay to maintain deposits, investors to hold bonds?
Attorney general's team winding up examination into bank's role in helping Americans evade taxes.
New York developer Extell raises 600 milion shekels; Bino hands over shares to children; TA-25 closes at record high before Pesach.
Leumi CEO Rakefet Russak Aminoach said the bank is talking to the SEC but it is unclear whether there will be any further repercussions.
Israel Corp. loss helps push Leumi NIS 111m in the red.
Hapoalim admits provisions for probes for the first time as the bank's fourth-quarter net profit drops 24.5%.
CyberArk sets terms for $237-million secondary share offering; Spacecom cleared for $50-million bond sale to fund satellite launch; Banks power Tel Aviv shares higher.
Accusations of helping clients evade U.S. taxes came in testimony given in December in Los Angeles.
Mobileye likely to delay secondary offering; Hapoalim to report provisions for possible U.S. penalties; Lower Wall Street trims TA-25’s gains.
Bank Hapoalim has been quietly setting aside hundreds of millions of shekels to cover tax-probe penalties.