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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
Illustrative image of homes on Hamilton Terrace in London's St. John's Wood from Google Street View
July 19, 2016, 5:36 pm
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
By Matti Munk
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
A Bank Hapoalim cash machine. (Yonatan Sindel/Flash90)
June 14, 2016, 11:27 am
Finance Ministry reaches deal to open up Israeli banking
Recommendations to make credit card companies independent pave way for vast reform in close-knit financial sector
By Raoul Wootliff
US Secretary of State John Kerry, center, and Britain's Foreign Secretary Phillip Hammond, second left, attend a meeting in central London, Thursday May 12, 2016. (Paul Hackett/Pool via AP)
May 13, 2016, 3:09 am
US says Iran open for business, but Europe’s banks disagree
Kerry reassures bankers in London that last year's nuclear deal removed limitations on 'legitimate business' with Iran
By Josh Lederman
View of a special plenum session marking the 50th anniversary of the Knesset's current building, January 19, 2016. (Yonatan Sindel/Flash90)
March 29, 2016, 5:27 am
Knesset ups tax penalties for extravagant pay to bank CEOs
A financial institution may pay its top earner no more than 35 times the salary of the lowest earner or risk double taxation
By TOI staff
Knesset Finance Committee chair MK Moshe Gafni. (Miriam Alster/Flash90)
March 16, 2016, 11:43 pm
Knesset pushes stiff limits for bank CEOs’ pay
Finance Committee hammers out compromise that increases taxes on salaries above NIS 2.5 million and pegs the highest wage to the lowest
By TOI staff
A man removes cash from a Bank Leumi ATM machine in the Meah Shearim neighborhood of Jerusalem (Nati Shohat/Flash90)
March 3, 2016, 11:55 pm
Regulator seeks to curtail bankers’ ‘extravagant’ salaries
Bank Leumi boss made over $2 million in 2015, compared to average Israeli wage of $30,000
By TOI staff
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