banks

Ukrainian-Israeli-Swiss oligarch Igor Kolomoisky seen in a 2015 video. (screen capture: YouTube/Radio Svoboda)

April 18, 2019, 8:14 pm

Ukraine reverses nationalization of Israeli tycoon’s bank

Court rules 2016 move by President Petro Poroshenko was illegal and that Privatbank must be returned to Ihor Kolomoyskyi

By AP

Withdrawing money at Bank Leumi on Dizengoff Street, Tel Aviv,January 18, 2015. (Nati Shohat/Flash90)

April 17, 2019, 2:07 pm

Bank bailouts for failed tycoons have cost the Israeli public billions, MKs find

Knesset commission of inquiry lambastes ‘negligent’ financial sector for ‘systematically’ extending or writing off loans for rich while pursuing small debtors ‘to last cent’

By Sue Surkes

Illustrative image of a suitcase full of cash (ungorf; iStock by Getty Images)

September 30, 2018, 4:27 pm

Money launderers are taking EU to the cleaners, experts say

Despite strict anti-money laundering rules, a lack of coordination hampers efforts; last year more than 200 billion euro in transactions was tagged as suspicious

By Benoit TOUSSAINT and Carole GUIRADO

July 17, 2018, 4:55 pm

Goldman Sachs names David Solomon as new CEO as it targets Main Street growth

Solomon, who is Jewish and who DJs in his spare time, will assume the job on October 1, replacing longtime chief Lloyd Blankfein

By AFP and TOI staff

Headquarters of the Deutsche Bundesbank, the German Central Bank, in Frankfurt. (Wikipedia/Matthew G. Bisanz/CC BY-SA)

May 27, 2018, 11:40 am

Despite sanctions threat, Germany’s small banks mull sticking by Iran

With $130 billion in annual German exports to the US on the line, companies must already tread carefully as they seek to do business with the Islamic Republic

By Jean-Philippe LACOUR

A branch of Bank Mizrachi-Tefahot, which announced its acquisition of the Union Bank on November, 28, 2017. (Youtube screenshot)

November 28, 2017, 11:08 am

Bank Mizrahi announces merger with Union Bank

Union Bank workers strike, demonstrate over deal, which still needs approval of Antitrust Authority

By Sue Surkes

Buildings under construction in the Jewish settlement of Kiryat Arba outside Hebron, July 6, 2016 (AFP/Hazem Bader)

September 13, 2017, 8:06 pm

Rights group slams Israeli banks for supporting settlements

Human Rights Watch raps banks for giving loans to home buyers, settlement councils, building companies in West Bank; expert dispute its findings

By AP and TOI staff

In this photo released by the Syrian official news agency SANA, a man displays a new bank note of 2,000 Syrian Lira, ($3.9) featuring the face of President Bashar Assad, during a press conference for Central Bank Governor Duraid Durgham in Damascus, Syria, July 2, 2017. (SANA via AP)

July 3, 2017, 12:44 pm

In a first, image of Syrian leader to grace new banknotes

Bashar Assad to feature on currency for first time in his 17-year-rule; old bills to be phased out due to ‘wear and tear’

By Sarah El Deeb

Illustrative photo of Israeli police cars (Moti Karelitz/Flash90)

April 19, 2017, 12:06 pm

Bank clerk arrested on suspicion of embezzling millions

Six members of suspect’s family also nabbed; investigators look for missing cash in their accounts

By Stuart Winer

This June 6, 2013 file photo shows the sign outside the National Security Agency (NSA) campus in Fort Meade, Maryland. (AP Photo/Patrick Semansky, File)

April 15, 2017, 1:11 pm

Hacked files suggest NSA penetrated SWIFT, Mideast banks

US agency may have monitored transactions involving financial institutions in Kuwait, Dubai, Jordan and other countries in region

By AFP

Republican presidential nominee Donald Trump speaks during the presidential debate with Democratic presidential nominee Hillary Clinton at Hofstra University in Hempstead, New York, Monday, Sept. 26, 2016. (AP Photo/Patrick Semansky)

October 3, 2016, 10:41 pm

Trump did business with Iranian bank later linked to terror, nuke program

Bank Melli reportedly rented NY office space from candidate’s organization at a time when transactions with Iranian companies were banned

By TOI staff

The Iranian Central Bank in Tehran. (CC BY-SA Ensie & Matthias, Flickr)

September 5, 2016, 2:20 pm

Iran banks to set up shop in Germany

Branches to open in Munich as Islamic Republic seeks ways to bypass barriers to international financing

By AP

Israeli Finance Minister Moshe Kahlon attends the weekly cabinet meeting on July 31, 2016. Photo by Ohad Zwigenberg/POOL

August 2, 2016, 1:01 am

Cabinet approves bank reforms to boost competition

Move to decentralize power of big banks has raised international concerns that market stability could suffer

By TOI staff

July 19, 2016, 5:36 pm

Matti Munk

Banks sell 2.4 billion NIS of mortgages to institutional buyers – are we setting ourselves up for another subprime crisis?

Over the past few months the collaboration between Israeli banks and institutional investors has strengthened with the purchase of 2.4b shekels worth of mortgages by institutions

Supreme Leader Ayatollah Ali Khamenei poses for a portrait prior to delivering his message for the Iranian New Year, Sunday, March 20, 2016. (Office of the Iranian Supreme Leader/AP)

July 1, 2016, 5:22 am

Iran fires bank chiefs amid public anger over high pay

Facing widespread criticism, Khamenei orders ouster of four CEOs after their exorbitant salaries are publicized

By AFP