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FINANCIAL SERVICES

Mizrahi Tefahot Antitrust Authority to nix Mizrahi-Union Bank merger

The parties will be summoned to a hearing before the final decision is announced.

Ittai Ben-Zeev  photo: Tamar Matsafi TASE chief: Hapoalim using NGOs to influence Knesset

Tel Aviv Stock Exchange CEO Ittai Ben-Zeev and Bank Hapoalim have clashed over the sale of the Israeli stock exchange.

Hedva Ber State to provide deposit insurance solution for new banks

The Finance Ministry opposes deposit insurance, but has reached a compromise with the Bank of Israel for new banks.

Sami Babkov Photo: Eyal Izhar Harel buys 15% of Dayan family's Golden Capital

Harel recently invested NIS 280 million for 15% of the shares in private real estate company Golden Capital, which has a German real estate portfolio.

digital banking  image: Shutterstock Marius Nacht, Uzi Yemin plan digital bank

Nacht and Yemin are in talks with the Bank of Israel on the venture, but face several regulatory obstacles.

eToro Photo: eToro Social trading platform eToro expanding to US

The company is opening a waiting list for US investors who wish to trade in crytpocurrencies via its platform.

Otsar Hahayal Photo: Eyal Izhar Bank Otsar Hahayal sells Ramat Gan headquarters

The bank will post a profit of tens of millions of shekels on the NIS 82 million deal.

Lilach Asher-Topilsky Discount Bank resumes dividend distribution after 20 years

The bank reported a 5% rise in profit in the first quarter of 2018 to NIS 319 million.

Michael Israel Photo: Tamar Matsafi HSBC sets up China trade desk in Israel

HSBC has announced that it has set up a China Desk in Israel to encourage trade and investment flows between China and Israel.

Robert Kapito Photo: Eyal Yitzhar BlackRock set for Israel expansion

BlackRock president Robert Kapito describes Israel as an important tech-hub and says the world's largest asset manager is expanding its staff here from 6 to 20.

Carmine Mandola Coface CEO: Insurance in Israel is competitive market

The company has won 10% of the short-term credit insurance market in Israel in just three years.

Prof. Haim Levy Photo: Wikipedia Conspiracy of silence in ousting of Leumi director

Former director Prof. Haim Levy wrote a letter criticizing the way the  bank's board does business, but no one, including Levy, is talking about what was in the letter.

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