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31 stories about Banks

Warburg Pincus LLC leads $75 million funding round in Israeli fintech company Personetics
16.02.21|Meir OrbachPersonetics offers a proprietary AI software platform to leading banks around the world, reaching more than 95 million personal banking customers and analyzing billions of transactions daily
“This crisis is going to present many opportunities for banks,” predicts Citi Israel CEO
01.07.20|Hagar RavetNeil Corney says Covid-19 crisis has proven how important it was to invest in Fintech for so many years
Instead of funding rounds, startups face harsh reality of debts and loans thanks to Covid-19
14.06.20|Sophie ShulmanSince the coronavirus pandemic started, Israeli startups have taken out over $140 million in bank loans, mostly to avoid down rounds and increase their funding runway
It is not 2008 All Over Again, Israeli Regulators Assure
10.03.20|Raheli BindmanIsrael’s leading financial regulators all issued calming messages Monday after TASE’s indices closed down two days in a row
The Markets Realized the Coronavirus Is Another SARS and Moved On, Says Stifel CEO
24.02.20|Sophie Schulman and Golan Hazani Ronald Kruszewski, CEO of American investment bank Stifel, believes that a democratic president threatens the U.S. stock market a lot more than the coronavirus
Israel’s First Digital Bank Set to Start Operations in Mid-2021
26.01.20|Raheli BindmanThe bank’s controlling shareholders are Check Point co-founder Marius Nacht and Mobileye co-founder and CEO Amnon Shashua
Israel’s New Digital Bank: not yet Operational, Already Looking for Exceptions
31.12.19|Raheli BindmanIn September, the Bank of Israel greenlit Marius Nacht and Amnon Shashua’s new digital banking venture
Investment Bank Stifel Financial Opens First Branch in Israel
12.12.19|Golan HazaniThe NYSE-listed bank chose Alain Dobkin, a veteran banker with two decades of Israeli and international experience in M&A deals, as the general director of its new local branch
To See the Future of Banking, One Should Look to China, Says Bank Leumi Exec
26.11.19|Orna YefetChanges 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 ZorefShay 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 KarniGil 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 HazaniBoth 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|Hezi SternlichtAfter four decades with no new bank in Israel, the digital banking venture of two of Israel’s leading entrepreneurs is expected to be licensed
WeWork’s IPO Backpaddling Leaves Israel’s Two Largest Banks at Risk
22.09.19|Golan Hazani and Sophie ShulmanThe 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
Mobileye’s Amnon Shashua in Talks to Join Marius Nacht’s New Digital Banking Venture
11.08.19|Golan HazaniNacht, 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|Meir OrbachAmong 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|Raheli BindmanOn 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
One Is Home-Grown, the Other an Outsider: Discount and Hapoalim's New CEOs
16.07.19|Raheli BindmanUri 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
In its Battle Against Tax Evaders, Israel Tax Authority Sets its Sights on Payment Apps
14.07.19|Raheli BindmandIsraeli Banks Leumi, Hapoalim, and Discount all offer mobile payment apps; some small businesses have been using them to perform transactions under the radar
Intended to Increase Competition, Israeli Law Pushes Credit Card Fees Up
08.07.19|Raheli Bindman and Lilach BaumerIn 2017, the Israeli parliament passed a law intended to increase competition in the financial sector. Among its clauses, the law mandated a separation between Hapoalim and Leumi, Israel's two largest banks, and their credit card subsidiaries

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