Finance

20 stories about Finance
אדם נוימן 20.7.19 WeWork

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
ועידה כלכלית לאומית 2019 פרופ' אמיר ירון נגיד בנק ישראל 2

Israel's Budget Deficit a Crucial Problem, Says Bank of Israel Governor Amir Yaron

02.09.19|Raheli Bindman
The 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
ניצן הורוביץ אהוד ברק סתיו שפיר המחנה הדמוקרטי מרצ

Ahead of Election, Israeli Party Democratic Union Turns to Crowdfunding

22.08.19|Zvi Zerahia
The Democratic Union is a left-wing alliance formed between former prime minister Ehud Barak’s Democratic Israel, Meretz, the Green Movement, and former Labor parliamentarian Stav Shaffir
העיר תל אביב מלמעלה  זירת הנדל"ן

S&P Reaffirms Israel’s AA- Credit Rating With a Stable Outlook

04.08.19|Adrian Filut
The credit agency said Israel’s economy is “diversified, competitive, and resilient,” and that the country’s main credit limiters are geo-political risks and government debt
אורי לוין בנק דיסקונט דוב קוטלר אינטו

One Is Home-Grown, the Other an Outsider: Discount and Hapoalim's New CEOs

16.07.19|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
אורי לוין בנק דיסקונט

Israel’s Discount Bank Selects Uri Levin as New CEO

15.07.19|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
רקפת רוסק עמינח מנכלית בנק לאומי 14.8.18

Israel's Banking Ecosystem Is Experiencing Upheaval

01.07.19|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
ריצ'רד קיי מנהל קרן קומג'סט Comgest Growth Japan

Japan’s Economical Changes Spell Opportunities for Israeli Investors, Says Comgest Exec

01.07.19|Ran Abramson and Raheli Bindman
Richard Kaye, portfolio manager of the Comgest Growth Japan fund, has been involved in the Japanese market since the lost decade
רקפת רוסק עמינח מנכלית בנק לאומי 14.8.18

Bank Leumi President and CEO to Retire After Seven Years

30.06.19|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
יבגניה קרמר KPMG סומך חייקין בשיחה עם רו"ח צוריאל תמם בנק ישראל כנס פינטק 2019

Innovation Is Not Just About Tech, but About Identifying Market Needs, Says Bank of Israel Exec

25.06.19|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
ניר קלר מייסד  CTO BlueVine כנס פינטק 2019

Investors Are Interested in Fintech, Says Bluevine Co-Founder and CTO

25.06.19|Tomer Hadar
Nir Klar spoke Monday at a fintech conference held in Tel Aviv by Calcalist, Bank Leumi’s tech banking arm LeumiTech, and accounting firm KPMG
נגיד בנק ישראל פרופ' אמיר ירון

Israeli Fintech Startups Take On Israel’s Central Bank

21.04.19|Omri Milman
Several players in Israel's fintech ecosystem allege that the Bank of Israel is preventing access to data, hindering competition
מדדים השקעה בנק

Israel Moves Ahead With International Exchange of Financial Information of Foreign Residents

17.03.19|Omri Milman
The policy is a result of Israel’s commitment to an international taxation standard called common reporting standard (CRS)
אולם ה מליאה כנסת ישראל

Israel’s Planned National Committee on Foreign Investments Up for Rediscussion

13.03.19|Omri Milman
The amended proposal will be discussed by the cabinet Sunday after the ministries raised objections to the initial proposal submitted by Israel’s National Security Council
אולם ה מליאה כנסת ישראל

Israel’s National Security Council Pushing for Local Committee on Foreign Investments

03.03.19|Omri Milman
The council intends to propose the establishment of a consulting committee headed by the council, to operate much like the CFIUS committee in the U.S.
מנכ"ל טבע החדש קור שולץ 2

Teva to Close 11 More Manufacturing Facilities in 2019

14.02.19|Lilach Baumer
The drugmaker published its fourth quarter and annual reports Wednesday, dropping almost 8% on NYSE after forecasting a steep cut in profits for 2019
סניף של רשת החנויות סופר פארם

Israeli Drugstore Chain Super-Pharm Considering Tel Aviv IPO

12.02.19|Golan Hazani
In 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
ג'ין גולובינסקי מנהל פעילות אינטואיט ישראל

Gene Golovinsky Appointed Head of Intuit’s Operations in Israel

10.02.19|Meir Orbach
Intuit employs 170 people in the country and is currently in the process of relocating its offices
קאר שולץ מנכל טבע

Israel Tax Authority to Demand Over NIS One Billion From Teva

16.01.19|Omri Milman and Tomer Ganon
Teva did not pay taxes in Israel for the decade preceding 2014, saving NIS 20.6 billion in tax benefits
כסף מחשבון

Israel Approves CRS Tax Regulations, With a Caveat

03.01.19|Omri Milman
Israel's parliamentary finance committee approved on Tuesday a series of statutes that will make life a lot harder for tax evaders in the country. Philanthropic Jewish orthodox community lending institutes will be exempted