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FINANCIAL SERVICES

Ilan Raviv Photo: Eyal Yizhar Meitav Dash cancels sale to XIO

The deadline for completion of the deal in its revised format passed yesterday.

Ilan Raviv Photo: Eyal Yizhar Trading suspended in Meitav Dash

An announcement is expected on the deal for the sale of the investment house to XIO.

Erez Goldschmidt Photo: Jonathan Bloom Poalim IBI slides as CEO leaves to form new firm

Erez Goldschmidt will own half of the underwriting company he is founding with Rafi Lipa and Gal Amit.

Bank extortion suspect Photo: Amir Meiri Man arrested for suspected extortion of Bank Yahav

The 32 year-old suspect allegedly threatened to expose particulars of customers' accounts.

Migdal Insurance  photo: PR Migdal posts NIS 141m Q2 profit

The insurance company's profit was helped by improved underwriting results and better capital market returns.

Idan Ofer  photo: Tamar Matsafi Kenon completes $650m bond issue

The bond offering which will be used to replace bank debt, was made through a Peruvian company.

Eldad Fresher Photo: Tamar Matsafi Strike over at Mizrahi Tefahot

The management and workers committee at Mizrahi Tefahot Bank signed an agreement to end their dispute this morning.

Smadar Barber-Tsadik Photo: Tamar Matsafi First International Bank reaches 8.3% return on equity

The bank will distribute a NIS 70 million dividend.

Lilach Asher-Topilsky Discount Bank Q2 profit up 14%

The bank saw a substantial improvement in its efficiency ratio. 

Rakefet Russak-Aminoach  photo: Ron Kedmi Improved efficiency boosts Leumi's Q2 results

Bank Leumi's voluntary early retirement program has brought its efficiency ratio to below 60%.

Arik Pinto  photo: Tamar Matsafi Bank Hapoalim posts NIS 812m Q2 profit

Return on equity in the quarter was 9.5%, while the bank's tier-1 capital adequacy ratio rose to 11.35%.

Avner Hadad Photo: Tamar Matsafi KSM acquiring Excellence Mutual Funds

The deal is related to turning exchange traded funds into exchange traded notes.

Tel Aviv Stock Exchange Photo: Eli Yizhar Dollar Triple A raises only NIS 430m in institutional IPO

The company holds NIS 2 billion in bonds rated AAA by S&P Maalot with a stable outlook.

Shmuel Hauser, photo: Eyal Yitzhar TASE members approve switch to company status

Once court approval is obtained, the Tel Aviv Stock Exchange will seek an international buyer.

bitcoin More Israeli businesses accepting bitcoins

Some businesses accumulate the currency as an investment, while others regard it as a convenient and rapid means of payment.

Rina Kupferschmid-Rojas Photo: Shlomi Yosef "Clients seek investments with environmental, social value"

UBS Global Head of Sustainable Investing Rina Kupferschmid-Rojas built a methodology to examine the social impact of investments.

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