By Jewish Business News On Wednesday, May 5th, 2021

Bank Leumi Might Sell Leumi USA

Israel’s Bank Leumi is considering unloading its American division Leumi USA. The sale could be for as much as $1 billion, according a report in Bloomberg which cited people close to the matter. According More...

By Alan Gallindoss On Tuesday, May 4th, 2021

Nir Zuk On Setting Up New Digital Bank In Israel

Nir Zuk (YouTube Screen Shot) Palo Alto Networks founder Nir Zuk has a new fintech  project in the works. Multiple reports citing insiders say that he intends to open a new digital bank in Israel with former More...

By Jewish Business News On Sunday, May 2nd, 2021

U.S. Investments Firm BlackRock Buys 3% Stake in Israel’s Bank Hapoalim

Bank Hapoalim Offices (Wikipedia) BlackRock, an American asset management firm, has revealed that it is the buyer of Shari Arison’s shares in the Israeli Bank Hapoalim (TASE: POLI) which she sold two weeks More...

By Jewish Business News Correspondent On Sunday, September 6th, 2020

New Israel – Gulf States Investment Deals Already Heating Up

Both Israeli and Arab investors as well as banks have already begun negotiations on new deals in the region. And the investors from the Arab side come from all over the Gulf area, not just the UAE. Israel Ynetnews More...

By Jewish Business News On Wednesday, April 3rd, 2019

Warburg Pincus to invest $221 million expanding Leumi Card, Report

The New York-based private equity firm Warburg Pincus has said that it intends to invest $221 million (NIS 800 million) over the next five years to expand its new Israeli credit card business, “Reuters” More...

By Shai Genish On Monday, January 28th, 2019

Israel’s Wealthiest Woman, Shari Arison, Sells Her Empire at Bargain Prices

Shari Arison, the world’s 374 wealthiest people in 2017 by Forbes and Israel’s wealthiest woman, is liquidating her business in the country. In the 15 years since she inherited her father’s empire More...

By Jewish Business News On Wednesday, September 12th, 2018

Discount Bank buys Dexia Israel

Israel Discount Bank has signed Sunday an agreement to buy Dexia Israel (Public Finance) for NIS 670 million. The price is 12% higher than the bank value six months ago. Earlier this year Franco-Belgian banking More...

By Jewish Business News On Wednesday, September 5th, 2018

Shari Arison Israel’s richest woman to sell 20% controlling stake in Bank Hapoalim

Banks to sell the shares on the stock exchange. Arison received a year’s supervision to decide when to start selling the shares and will have to complete the sale within four years from that moment. Shari More...

By Jewish Business News On Monday, August 13th, 2018

Mario Blejer being considered as head of Israel central bank

A former head of Argentina‘s central bank, Mario Blejer, will meet Israel’s prime minister and finance minister Moshe Kahlon on Monday to discuss with him a possibility of becoming governor of the More...

By Shirit Gal On Wednesday, February 28th, 2018

Israeli startup to Create Virtual Currency for Marshall Islands Government

Israeli company, Neema, will create a virtual currency for the Marshall Islands government, which will be issued during 2018. TheMarshall Islands is a collection of more than 1,100 islands and islets in the More...

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