Money
– The big loss limited Discount New York’s profit to $2.2 million. – Discount New York has sold its remaining holdings in TruPS...
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“We’ll make a provision for NIS 460 million more in the next quarter for the US customers. We’re glad that this subject is behind...
Money
– Bank Leumi will sell Leumi Switzerland and Leumi Luxembourg to Julius Baer. – After making a provision of more than NIS 1 billion,...
Business
– Matmid club members will be able to earn frequent flyer points at a preferential rate. – – It’s official: El Al Israel Airlines Ltd. (TASE: ELAL)...
Money
– – Israel Discount Bank (TASE: DSCT) has disclosed in its quarterly financial report that it has halted talks to sell DBLA (Discount Bank of...
Money
– The Bank of Israel orders banks to prepare for Foreign Account Tax Compliance Act (FATCA). – – The Bank of Israel is not waiting for...
Money
– The bank requires customers to declare that money has been reported to tax authorities overseas. – – Sources inform ”Globes” that Israel Discount Bank (TASE: DSCT)...
Money
– Bank Hapoalim has classified the Far East as a strategic target for the bank’s growth. – – Sources inform ”Globes” that Bank Hapoalim (TASE: POLI) is...
Money
– The process has begun with customers at Leumi Private Bank in Switzerland. – – Having been burned by the US Internal Revenue Service...
Money
– Mizrahi-Tefahot Swiss branch , UMB Switzerland , will become the first Israeli owned bank to offer mortgages abroad for properties in Israel. –...