By Dalia Ben Ari On Thursday, October 6th, 2016

Israeli Payoneer Raises $180 Million to Help Businesses Move Money Across Borders

  Israeli Digital payments company Payoneer has raised a vast $180 million in a series E round led by Technology Crossover Ventures (TCV), with participation of existing investor Susquehanna Growth Equity. More...

By Ilan Shavit On Thursday, September 22nd, 2016

British LSEG Partners With Bank Hapoalim to Support Israeli Startups Raise Funds

    London Stock Exchange Group (LSEG) today announces that ELITE, its international programme for high growth companies has signed a Memorandum of Understanding (MoU) with Israel’s leading financial More...

By Jewish Business News On Monday, August 22nd, 2016

Delek Group Sells Phoenix Stake to China’s Fujian Yango

  Israeli conglomerate Delek Group Ltd. announced today that it had signed an agreement for the sale of its 52.3 precent holding in insurance group Phoenix Holdings Ltd.  to China’s Fujian Yango Group More...

By Jewish Business News On Sunday, July 3rd, 2016

Delek Group to Sell Israeli Insurer Phoenix to China’s Fujian Yango for $481 Million

Delek Group said it signed a non-binding deal to sell its insurance unit Phoenix Holdings to China’s Fujian Yango Group for at least 1.85 billion shekels ($481 million) in cash,  according to a notification More...

By The Tower On Wednesday, May 18th, 2016

European Banks Avoiding Business With Iran Due to Money Laundering, Terror Finance Concerns

European banks remain skeptical of doing business with Iran because the country continues to be blacklisted by the Financial Action Task Force, a global watchdog supported by more than 30 Western countries More...

By News Brief On Sunday, April 3rd, 2016

Brazilian Banker Joseph Safra Charged in Bribery Scheme

  Brazilian prosecutors have charged the world’s richest banker, Joseph Safra, for allegedly agreeing to pay more than $4 million in bribes to tax auditors to reduce or annul fines on unpaid taxes. The More...

By Viva Sarah Press On Monday, March 28th, 2016
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Israel Launches Social Impact Bond to Prevent Diabetes

#SocialFinance Social Finance Israel — a financial intermediary that aims to provide both social and financial returns to investors – recently launched a social impact bond venture that aims at preventing More...

By News On Thursday, March 10th, 2016

Privatbank Edmond De Rothschild (Suisse) Gets Record $8.2 Billion New Money, Bloomberg

Edmond de Rothschild’s Swiss bank said it attracted a record amount of net new money last year and warned that markets will continue to be volatile in 2016. Clients added 8.2 billion Swiss francs ($8.2 billion) More...

By News On Friday, February 19th, 2016

Sandy Weill Retires as Chairman of Hamilton Insurance Group; Will Serve as Consultant

  Top banker Sandy Weill has retired as chairman of the board of Hamilton Insurance Group. Mr Weill, former chairman of Citigroup, will be succeeded by Hamilton founder and chief executive officer Brian More...

By Ilan Shavit On Thursday, February 18th, 2016

24 Hours After Fosun Deal Collapses Delek Sell Phoenix to AmTrust

  Just 24 hours after the cancellation of the sale of Israeli insurance unit Phoenix Holdings to China’s Fosun Group, Delek Group Ltd., led by Yitzhak Tshuva, has announced that it has signed a More...


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