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    <title>Financial services</title>
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    <copyright>Globes 2026</copyright>
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    <lastBuildDate>Sun, 13 Sep 2026 10:00:11 GMT</lastBuildDate>
    <ttl>10</ttl>
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      <title>Israel's Business Arena</title>
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      <title>Altshuler Shaham owners mull selling controlling stake</title>
      <link>https://www.globes.co.il/en/article-1001555053</link>
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      <description>Gilad Altshuler and the Shaham family hold 55% of Altshuler Shaham Finance&amp;rsquo;s shares, which have fallen by 60% in recent years.</description>
      <pubDate>Wed, 09 Sep 2026 16:08:03</pubDate>
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      <title>Discount Bank asks BoI to let it continue holding Cal</title>
      <link>https://www.globes.co.il/en/article-1001554943</link>
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      <description>After a year, the Competition Authority has still not approved the existing deal for the sale of the credit card company.</description>
      <pubDate>Wed, 09 Sep 2026 10:16:01</pubDate>
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      <title>Harel posts biggest profit of Israel’s insurance cos</title>
      <link>https://www.globes.co.il/en/article-1001553521</link>
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      <description>Harel Insurance Investments and Financial Services has reported a 30% rise in profit in the second quarter to NIS 1 billion.</description>
      <pubDate>Wed, 26 Aug 2026 16:18:21</pubDate>
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      <title>Average mortgage loan at near record level in July</title>
      <link>https://www.globes.co.il/en/article-1001553328</link>
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      <description>Despite the slowdown in Israel's housing market, the rate of mortgage loan taking has not fallen.</description>
      <pubDate>Tue, 25 Aug 2026 11:58:58</pubDate>
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      <title>Phoenix's asset management business grows rapidly</title>
      <link>https://www.globes.co.il/en/article-1001553324</link>
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      <description>Phoenix Financial, the largest insurance company in Israel, posted a 48% rise in profit on asset management in the second quarter.</description>
      <pubDate>Wed, 26 Aug 2026 10:10:15</pubDate>
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      <title>Luxembourg blocks Israel Bonds in EU</title>
      <link>https://www.globes.co.il/en/article-1001553304</link>
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      <description>In an embarrassing setback for Israel, Luxembourg will no longer approve issuing Israel Bonds, and it remains unclear if Israel will be able to continue issuing them in the EU.</description>
      <pubDate>Mon, 24 Aug 2026 19:23:34</pubDate>
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      <title>Israeli banks postpone cutting ties with Palestinian Authority</title>
      <link>https://www.globes.co.il/en/article-1001552921</link>
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      <description>The move follows a request from the Bank of Israel, which asked the two banks to continue providing financial services to prevent an economic upheaval.</description>
      <pubDate>Thu, 20 Aug 2026 14:39:19</pubDate>
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      <title>Munich Re buys Israeli insurtech co At-Bay for $575m</title>
      <link>https://www.globes.co.il/en/article-1001552764</link>
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      <description>At-Bay operates an insurtech cybersecurity development center in Israel and markets cybersecurity and data security insurance products in the US.</description>
      <pubDate>Wed, 19 Aug 2026 12:02:52</pubDate>
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    <item>
      <title>Regulator takes aim at life insurance marketing ploy</title>
      <link>https://www.globes.co.il/en/article-1001552515</link>
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      <description>The Capital Markets, Insurance and Savings Authority proposes to make insurance companies maintain discounts offered to attract customers over the whole policy period.</description>
      <pubDate>Mon, 17 Aug 2026 13:25:41</pubDate>
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      <title>Mizrahi Tefahot Bank posts flat second quarter profit</title>
      <link>https://www.globes.co.il/en/article-1001552508</link>
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      <description>Annualized RoE was 16% in the quarter. The bank has declared a NIS 714 million dividend.</description>
      <pubDate>Tue, 18 Aug 2026 12:25:29</pubDate>
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    <item>
      <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>
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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>
    </item>
    <item>
      <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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    <item>
      <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>
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      <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>
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    <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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