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19 stories about Bank

Questions abound on Roman Abramovich’s $2.2 million ZAKA contribution
07.02.24|Moshe GoralyThe Tel Aviv District Court ruled that the Russian-Israeli oligarch can donate NIS 8 million ($2.2M) to ZAKA from a sanctioned account despite the opposition of Bank Mizrahi-Tefahot, the Attorney General of Israel and the Bank of Israel. The bank is appealing the decision and the money will not be transferred until the Supreme Court rules on the matter
Bank’s refusal to transfer Roman Abramovich's $2.2 million donation is “reasonable,” says AG
29.01.24|Lital DobrovitzkyAttorney General Gali Baharav-Miara intervened in the ongoing lawsuit filed by Abramovich and ZAKA against Bank Mizrahi Tefahot, supporting the bank in its refusal to transfer Abramovich’s donations to the search and rescue organization due to EU and UK sanctions against him
J.P. Morgan affirms commitment to Israel through expanded local tech center
22.01.24|James SpiroThe global bank has a center in Israel that is partly responsible for Athena, its risk and trade management platform
Brand loyalty is dead: long live the era of the modern apps
27.02.22|Dor Zakai"The term 'brand loyalty' is fast becoming a thing of the past to be replaced by the desire for an outstanding digital experience," writes Dor Zakai, EMEA Senior Director of Solutions Engineering at F5
The war over digital wallets has begun
26.04.21|Irit AvisarApple Pay’s entry into Israel will ignite the battle between multiple vendors offering digital wallet services
Israeli biotech company Matricelf wins Calcalist’s StartUp+ competition
30.12.20|Meir OrbachThe company developed a platform for 3D printing of tissues and organs. Genetika+, which developed a personalized technology for digital health took second place; winners awarded monetary prizes and office space
Leumi's Digital Bank Launches Fractional Shares Investing Service
23.09.19|Hezi SternlichtThe service will allow anyone over the age of 18 to invest in a limited range of multinationals like General Motors, FedEx, Facebook, Disney, and Amazon at a lower entry point
Israel's Budget Deficit a Crucial Problem, Says Bank of Israel Governor Amir Yaron
02.09.19|Raheli BindmanThe next government must prioritize Israel's fiscal issues and the ballooning deficit while implementing steps to increase market productivity, Yaron said Monday during Calcalist and Bank Leumi's National Economic Conference in Tel Aviv
Barclays Promotes Ilan Paz to Lead Israel Operations
29.07.19|Adi PickPending the approval of the Bank of Israel, Paz will assume the position immediately
The Israeli Tech Sector Does More to Tackle Economic Inequality Than Any Reform, Says Banker
14.04.19|Omer KabirSpeaking at Calcalist’s annual Mind the Tech conference Thursday, Bank Leumi’s Shmulik Arbel said innovation could work to lower the cost of living
Warburg-Pincus Completes Acquisition of Israeli Credit Card Issuer
25.02.19|Lilach BaumerThe $640 million deal was first announced in July 2018 following a law mandating separation between Israel’s largest banks and their credit card subsidiaries
Israeli Drugstore Chain Super-Pharm Considering Tel Aviv IPO
12.02.19|Golan HazaniIn 2017, private equity firm CVC Capital Partners walked out on a deal to buy a 40% stake in the company at a $540 million valuation
Israeli Banks Discuss Possible Collaborations with Amazon
11.02.19|Raheli BindmanAmong the options discussed are providing bank credit card holders with Amazon discounts, and bank accounts dedicated to shopping on the online retailer’s websites
Israel's Mizrahi-Tefahot Bank Rejects $342 Million U.S. Tax Evasion Settlement Offer
09.08.18|Raheli BindmanThe conduct of two other Israeli bank, Bank Leumi and Bank Hapoalim, was also probed as part of the same investigation, which started in 2011
Employees of Israeli Credit Card Issuer Announce Strike Following Warburg Pincus Deal
31.07.18|Raheli BindmanThe private equity firm signed a deal on Saturday to buy the Israeli card issuer Leumi Card for $680 million
Warburg Pincus Signs Deal to Acquire Israeli Credit Card Issuer for $680 Million
29.07.18|Golan Hazani and Adi BarakCalcalist reported Warburg Pincus closed a deal to acquire the card issuer on Wednesday. According to Leumi’s statement, its board of directors approved the deal on Thursday
United Overseas Bank Invests in AI-Based Fintech Company Personetics
19.07.18|lilach BaumerUOB said it will use the company's technology to build on its existing AI capabilities and increase its customer engagement in the next two years
After Initial Snub, Israeli Bank Will Allow Crypto Investor’s Deposit
14.05.18|Omri MilmanAn Israeli investor in cryptocurrencies convinced a Tel Aviv court that the profits he made from selling bitcoin are not tainted by money laundering
Barclays Taps Israeli Entrepreneur to Head Tel Aviv Accelerator
12.02.18|Meir OrbachThe accelerator’s new manager Hila Ovil-Brener founded a 2,500 members strong organization promoting female entrepreneurship in Israel

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