Bank


Arison to Divest Controlling Stake in Bank Hapoalim

U.S.-Israeli billionaire Shari Arison said on Tuesday she will sell off shares in Israel’s largest bank, Hapoalim, to the public after failing to find a strategic partner to share control…

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India’s Cosmos Bank Loses $13.5M in Cyberattack

Cybercriminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told…

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Bank of Israel Gov. to Step Down in November

The governor of Israel’s central bank said that she will not be seeking another term in office. Karnit Flug, chief of the Bank of Israel, wrote in a statement Friday:…

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Report: Rise in Complaints on Bank Service

More Israelis are complaining about their banks. An annual report on the banking industry issued by the Bank of Israel shows that complaints about bank performance, mistakes, or service were…

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