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    <title>Financial services</title>
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    <copyright>Globes 2026</copyright>
    <language>en-us</language>
    <lastBuildDate>Sun, 16 Aug 2026 23:00:30 GMT</lastBuildDate>
    <ttl>10</ttl>
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      <link>https://www.globes.co.il/serveen/</link>
      <title>Israel's Business Arena</title>
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      <title>After share price plummets, analyst upgrades Nayax</title>
      <link>https://www.globes.co.il/en/article-1001552414</link>
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      <description>KBW analyst Sanjay Sakhrani raised his rating to &amp;ldquo;Outperform&amp;rdquo; and sees upside of 48%.</description>
      <pubDate>Sun, 16 Aug 2026 12:18:06</pubDate>
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      <title>Leumi posts highest ever quarterly profit by an Israeli bank</title>
      <link>https://www.globes.co.il/en/article-1001552081</link>
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      <description>Bank Leumi's first quarter profit was NIS 2.83 billion, 8.5% higher than in the corresponding quarter despite the bank surtax.</description>
      <pubDate>Wed, 12 Aug 2026 10:11:53</pubDate>
    </item>
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      <title>Bank Hapoalim posts NIS 2.5b second quarter profit</title>
      <link>https://www.globes.co.il/en/article-1001551931</link>
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      <description>The bank's annualized return on equity was 15%, and would have been higher were it not for the special tax on bank profits.</description>
      <pubDate>Tue, 11 Aug 2026 09:46:47</pubDate>
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      <title>Bank of Israel could allow banks to list on Wall Street</title>
      <link>https://www.globes.co.il/en/article-1001551425</link>
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      <description>"Globes" has learned that the Bank of Israel is now proposing to allow banks to publish financial statements according to US accounting principles.</description>
      <pubDate>Wed, 05 Aug 2026 13:12:50</pubDate>
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    <item>
      <title>Visa buys Israeli fraud prevention co BioCatch for $2.4b</title>
      <link>https://www.globes.co.il/en/article-1001551166</link>
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      <description>The company has raised $115 million to date from venture capital funds and investors and has 400 employees.</description>
      <pubDate>Mon, 03 Aug 2026 19:09:30</pubDate>
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      <title>Credit growth props up real estate developers</title>
      <link>https://www.globes.co.il/en/article-1001550836</link>
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      <description>Bank credit to businesses is rising at a record rate, but instead of fueling economic growth, it's keeping real estate companies afloat.</description>
      <pubDate>Mon, 10 Aug 2026 16:13:31</pubDate>
    </item>
    <item>
      <title>Northern Israel light-rail project obtains finance</title>
      <link>https://www.globes.co.il/en/article-1001550622</link>
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      <description>A consortium of banks is providing NIS 10 billion for the Nofit project linking Haifa, Nof Hagalil, and Nazareth.</description>
      <pubDate>Tue, 28 Jul 2026 11:54:22</pubDate>
    </item>
    <item>
      <title>Jared Kushner firm sells 25% of Phoenix Financial stake</title>
      <link>https://www.globes.co.il/en/article-1001550617</link>
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      <description>Affinity Partners sold the shares to US financial institutions. It remains the largest shareholder in the insurance company and declares that it is a committed long-term investor.</description>
      <pubDate>Tue, 28 Jul 2026 11:14:35</pubDate>
    </item>
    <item>
      <title>Israeli banks cutting ties with Palestinian Authority</title>
      <link>https://www.globes.co.il/en/article-1001550529</link>
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      <description>Discount Bank and Bank Hapoalim are demanding that the government should replace them in providing correspondent bank services, amid growing fears of involvement in terror financing.</description>
      <pubDate>Mon, 27 Jul 2026 13:35:01</pubDate>
    </item>
    <item>
      <title>First Int'l Bank in confrontation with middle managers</title>
      <link>https://www.globes.co.il/en/article-1001550205</link>
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      <description>Middle managers at the bank allege that they are being pushed to accept voluntary retirement, while senior management bonuses soar.</description>
      <pubDate>Wed, 22 Jul 2026 17:28:39</pubDate>
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      <title>Sharp jump in mortgage taking by foreign residents</title>
      <link>https://www.globes.co.il/en/article-1001550067</link>
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      <description>At the same time there was record mortgage taking for homes worth over NIS 5m, suggesting that foreign residents are buying expensive homes.</description>
      <pubDate>Tue, 21 Jul 2026 18:16:13</pubDate>
    </item>
    <item>
      <title>"Had Nir Zuk been in Israel the deal would have closed"</title>
      <link>https://www.globes.co.il/en/article-1001549869</link>
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      <description>Why did the Isracard-Esh Bank deal collapse? Market sources offer various reasons, some saying the sides were very close to agreement.</description>
      <pubDate>Mon, 20 Jul 2026 14:29:32</pubDate>
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      <title>Isracard cancels acquisition of Nir Zuk’s Esh Bank</title>
      <link>https://www.globes.co.il/en/article-1001549848</link>
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      <description>Isracard said that the MOU signed with Esh Bank had expired without a final agreement and would not be extended.</description>
      <pubDate>Mon, 20 Jul 2026 14:30:40</pubDate>
    </item>
    <item>
      <title>Discount Bank mulls Mercantile merger</title>
      <link>https://www.globes.co.il/en/article-1001549110</link>
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      <description>Israel Discount Bank board of directors has decided to examine the merger of its subsidiary Mercantile Discount Bank into it.</description>
      <pubDate>Mon, 13 Jul 2026 16:12:05</pubDate>
    </item>
    <item>
      <title>Savings reform? New taxation might be a better description</title>
      <link>https://www.globes.co.il/en/article-1001548952</link>
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      <description>The Finance Ministry seems to have taken alarm at the success of investment provident funds and the capital gains tax exemption.</description>
      <pubDate>Thu, 09 Jul 2026 20:08:53</pubDate>
    </item>
    <item>
      <title>Time to leverage Israel's $1 trillion asset</title>
      <link>https://www.globes.co.il/en/article-1001548124</link>
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      <description>Institutions and regulators need a change of mindset to enable Israel to flex its financial muscle for diplomatic gain, argues Lior Prosor.</description>
      <pubDate>Mon, 20 Jul 2026 10:11:44</pubDate>
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      <title>Savings reform hits investment provident funds</title>
      <link>https://www.globes.co.il/en/article-1001547465</link>
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      <description>Under the Arbitrage Committee's recommendations, the tax benefit on the funds, which can be very high, will be shared among several savings instruments.</description>
      <pubDate>Thu, 09 Jul 2026 17:44:08</pubDate>
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    <item>
      <title>Comptroller warns Israel's mortgage market at high risk</title>
      <link>https://www.globes.co.il/en/article-1001546905</link>
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      <description>The State Comptroller compares the state of the housing loans market to the subprime crisis in the US. Bank of Israel: The report is unprofessional and methodologically wrong.</description>
      <pubDate>Wed, 24 Jun 2026 14:24:44</pubDate>
    </item>
    <item>
      <title>Banks speed up pace of grants to customers</title>
      <link>https://www.globes.co.il/en/article-1001546659</link>
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      <description>Israel&amp;rsquo;s biggest banks have already handed out almost two-thirds of the NIS 3 billion they committed to transfer to the public through benefits, within two years.</description>
      <pubDate>Mon, 22 Jun 2026 16:21:06</pubDate>
    </item>
    <item>
      <title>Bank of Israel introduces bank fees reform</title>
      <link>https://www.globes.co.il/en/article-1001546526</link>
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      <description>As part of the reform, which will come into effect in stages between October 2026 and July 2027, the public will pay up to NIS 10 monthly for 100 monthly transactions on the checking account.</description>
      <pubDate>Sun, 21 Jun 2026 15:40:22</pubDate>
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