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Intel shares fall back to April levels after losing over half their value in five weeks
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Intel’s Israeli workers fear another downturn after stock collapse and deadly factory blast
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Ground Up Ventures appoints Navot Volk as General Partner
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After years of delays, IDF prepares to deploy Elbit’s new Ro'em artillery systems
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From six-person startups to a $6.3 billion take-private: October's extraordinary month for Israeli tech exits
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ServiceNow CEO says acquired Israeli startup Sweep helps it switch CRM customers in weeks, not years
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Israeli digital health company TailorMed acquired in $250 million deal
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Perion to be acquired by India’s Affle for $420 million, marking a steep fall for a once-billion-dollar Israeli company
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Intel’s Israeli workers fear another downturn after stock collapse and deadly factory blast
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Banking
20 stories about Banking
To See the Future of Banking, One Should Look to China, Says Bank Leumi Exec
26.11.19
|
Orna Yefet
Changes in the finance industry and the entrance of non-banking players mean traditional banks need to figure out new business models, Dror Topf, head of group strategy and innovation at Israel’s Bank Leumi, said Monday at Calcalist’s Mind the Tech conference in Tel Aviv
A Bank That Doesn’t Embrace AI Will Not Be Relevant to Younger Generations, Says Exec
25.11.19
|
Naomi Zoref
Shay Basson, who heads the technology division of Israel’s Bank Leumi, spoke Monday at Calcalist’s Mind the Tech conference in Tel Aviv
Tech and the Israel-U.K. Trade Corridor
21.11.19
|
Gil Karni
Gil Karni, CEO at Leumi UK, explains how increasing trade between the U.K. and Israel could provide both nations with an important advantage.
Israeli Banks Leumi and Discount to Raise CoCos Outside of Israel
22.10.19
|
Golan Hazani
Both banks are looking to raise around $280 million over two years, according to two people familiar with the matter who spoke to Calcalist on condition of anonymity
Bank of Israel Greenlights Marius Nacht, Amnon Shashua’s Digital Bank
24.09.19
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Hezi Sternlicht
After four decades with no new bank in Israel, the digital banking venture of two of Israel’s leading entrepreneurs is expected to be licensed
Leumi's Digital Bank Launches Fractional Shares Investing Service
23.09.19
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Hezi Sternlicht
The 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
WeWork’s IPO Backpaddling Leaves Israel’s Two Largest Banks at Risk
22.09.19
|
Golan Hazani and Sophie Shulman
The banking consortium that provided WeWork CEO Adam Neumann with a $500 million credit line and is now looking to revise the terms includes Israel’s Bank Leumi and Bank Hapoalim
Tech Mahindra to Set Up new VC Market Management System for Mizrahi-Tefahot
03.09.19
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Raphael Kahan
The system will be used to manage the entire life cycle of trading in Israeli and non-Israeli securities
Bank Hapoalim’s Chief Financial Officer Ofer Koren to Step Down
27.08.19
|
CTech
In July, the bank's board of directors chose outsider Dov Kotler as the new CEO over in-house candidates
Mobileye’s Amnon Shashua in Talks to Join Marius Nacht’s New Digital Banking Venture
11.08.19
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Golan Hazani
Nacht, co-founder of cybersecurity company Check Point, submitted a request for a banking license and a business plan for establishing a digital bank in January
Fintech Startup Personetics Opens R&D Center in Nazareth
21.07.19
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Meir Orbach
Among the companies that operate outposts in the area are Microsoft, Amdocs, and Salesforce
Bank Hapoalim Loses Deputy CEO-COO Week After New CEO Appointment
21.07.19
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Raheli Bindman
On Monday, Israeli Bank Hapoalim announced the choice of outsider candidate Dov Kotler as its new CEO. Now Erez Yosef, who was also in the running as an in-house candidate, has announced his retirement
Fintech Company Curve Raises $55 Million at $250 Million Valuation
16.07.19
|
Meir Orbach
Co-founded in 2015 by Israel-born Shachar Bialick, Curve's service enables users to combine different credit cards into one card and app
One Is Home-Grown, the Other an Outsider: Discount and Hapoalim's New CEOs
16.07.19
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Raheli Bindman
Uri Levin is set to enter Lilach Asher-Topilsky’s shoes as CEO of Israeli Bank Discount, and Dov Kotler will inherit Arik Pinto as CEO of Hapoalim. These are the challenges they will face
Israel’s Discount Bank Selects Uri Levin as New CEO
15.07.19
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Micky Grunfeld
Lilach Asher-Topilsky, the bank's CEO since 2014, was one of three Israeli bank CEOs to announce her resignation in recent months
In its Battle Against Tax Evaders, Israel Tax Authority Sets its Sights on Payment Apps
14.07.19
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Raheli Bindmand
Israeli Banks Leumi, Hapoalim, and Discount all offer mobile payment apps; some small businesses have been using them to perform transactions under the radar
Israel's Banking Ecosystem Is Experiencing Upheaval
01.07.19
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Raheli Bindman
On Sunday, Israel’s Bank Leumi CEO and President Rakefet Russak-Aminoach announced her upcoming retirement, becoming the third Israeli bank CEO to do so since April
Bank Leumi President and CEO to Retire After Seven Years
30.06.19
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Raheli Bindman and Micky Grunfeld
Rakefet Russak-Aminoach is in talks to join Israeli cybersecurity think tank and startup foundry Team8 LLC., according to source
Innovation Is Not Just About Tech, but About Identifying Market Needs, Says Bank of Israel Exec
25.06.19
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Naomi Zoref
Tzuriel Tamam, the bank's supervisor of credit data sharing, spoke Monday at a fintech conference held in Tel Aviv by Calcalist, Bank Leumi’s tech banking arm LeumiTech, and accounting firm KPMG
A Fifth of Online Buyers Don't Complete Deals, Says Riskified Chief Operations Officer
25.06.19
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Naomi Zoref
Naama Ofek-Arad spoke Monday at a fintech conference held in Tel Aviv by Calcalist, Bank Leumi’s tech banking arm LeumiTech, and accounting firm KPMG
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