<?xml version="1.0" encoding="utf-8"?> <rss version="2.0"> <channel> <title>Financial services</title> <link>https://www.globes.co.il/serveen/</link> <description>Keyword search for:</description> <copyright>Globes 2024</copyright> <language>en-us</language> <lastBuildDate>Sun, 24 Nov 2024 07:16:12 GMT</lastBuildDate> <ttl>10</ttl> <image> <height>40</height> <width>144</width> <link>https://www.globes.co.il/serveen/</link> <title>Israel's Business Arena</title> <url>https://www.globes.co.il/images/GlobesEN-144x40.gif</url> </image> <item> <title>Bank of Jerusalem to bid for Isracard</title> <link>https://www.globes.co.il/en/article-1001494820</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001494820</guid> <description>The leading candidate to acquire the credit card company is currently Menorah Mivtachim, but Bank of Jerusalem says it will propose a triangular reverse merger within 21 days.</description> <pubDate>Thu, 21 Nov 2024 19:51:48</pubDate> </item> <item> <title>Mizrahi Tefahot Q3 profit jumps 30%</title> <link>https://www.globes.co.il/en/article-1001494662</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001494662</guid> <description>The bank reported the highest return of equity of any Israeli bank that has reported in the third quarter to date.</description> <pubDate>Thu, 21 Nov 2024 10:23:50</pubDate> </item> <item> <title>Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b</title> <link>https://www.globes.co.il/en/article-1001494369</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001494369</guid> <description>The bank's mortgage portfolio grew 10% year-on-year, outstripping growth in lending to any other sector.</description> <pubDate>Tue, 19 Nov 2024 10:51:10</pubDate> </item> <item> <title>Discount Bank posts 40% profit rise, announces share buyback</title> <link>https://www.globes.co.il/en/article-1001494275</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001494275</guid> <description>The bank will buy back shares up to a total of NIS 500 million.</description> <pubDate>Mon, 18 Nov 2024 15:28:56</pubDate> </item> <item> <title>Hapoalim Q3 profit up 14%</title> <link>https://www.globes.co.il/en/article-1001494246</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001494246</guid> <description>Bank Hapoalim's board has declared a dividend of 40% of the third quarter profit, partly in cash and partly as a share buyback.</description> <pubDate>Mon, 18 Nov 2024 10:36:59</pubDate> </item> <item> <title>Hapoalim reveals Bit app charges from January</title> <link>https://www.globes.co.il/en/article-1001494038</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001494038</guid> <description>The bank will charge fees for customers who receive more than NIS 25,000 in a calendar year.</description> <pubDate>Thu, 14 Nov 2024 15:03:19</pubDate> </item> <item> <title>Leumi clamps down on loans for contractors' offers</title> <link>https://www.globes.co.il/en/article-1001493969</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001493969</guid> <description>An internal directive recently issued by the bank sets that in a contractor deal, a payment of 20% equity from the customer will now be required, and that the contractor's balloon loan will be limited to up to 40%.</description> <pubDate>Wed, 13 Nov 2024 17:13:41</pubDate> </item> <item> <title>Financial cos briefed on thwarting imminent Iranian cyberattack</title> <link>https://www.globes.co.il/en/article-1001493947</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001493947</guid> <description>The Bank of Israel held a meeting yesterday to explain to financial service companies how to ward off the planned cyberattack by Iran's Anonymous for Justice group.</description> <pubDate>Wed, 13 Nov 2024 15:52:39</pubDate> </item> <item> <title>“There has been no better time to invest in Israel”</title> <link>https://www.globes.co.il/en/article-1001493215</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001493215</guid> <description>Alternative investments manager Hamilton Lane co-CEO Juan Delgado says Israel&amp;rsquo;s lower valuation environment provides ideal investment opportunities.</description> <pubDate>Tue, 05 Nov 2024 14:31:52</pubDate> </item> <item> <title>Menora Mivtachim signs deal to buy control of Isracard</title> <link>https://www.globes.co.il/en/article-1001493023</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001493023</guid> <description>Menora Mivtachim will be allocated 33% of the credit card company's shares at a company valuation of NIS 3.15 billion.</description> <pubDate>Sun, 03 Nov 2024 12:49:15</pubDate> </item> <item> <title>El Al withdraws bid to buy control of Isracard</title> <link>https://www.globes.co.il/en/article-1001492755</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001492755</guid> <description>The airline says it has abandoned the plan due to the short time schedule set by Isracard for any deal.</description> <pubDate>Wed, 30 Oct 2024 16:24:33</pubDate> </item> <item> <title>Credit card payments in Israel disrupted</title> <link>https://www.globes.co.il/en/article-1001492580</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001492580</guid> <description>The fault apparently lay in the connection of a foreign clearer to the Israeli payments system. A cyber attack is not currently suspected.</description> <pubDate>Tue, 29 Oct 2024 11:24:59</pubDate> </item> <item> <title>Insurance cos to gain from banking competition changes</title> <link>https://www.globes.co.il/en/article-1001492164</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001492164</guid> <description>Recommendations by the Supervisor of Banks to allow more banking competition would grant even more business to Israel's already powerful insurance companies.</description> <pubDate>Sun, 03 Nov 2024 17:06:16</pubDate> </item> <item> <title>El Al bids to buy control of Isracard</title> <link>https://www.globes.co.il/en/article-1001492066</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001492066</guid> <description>The Israeli airline is offering to buy a 45% stake in the credit card company at a valuation of NIS 3.1 billion.</description> <pubDate>Wed, 16 Oct 2024 15:20:04</pubDate> </item> <item> <title>Over half Israelis' savings flow to S&amp;P 500 in 2024</title> <link>https://www.globes.co.il/en/article-1001491645</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001491645</guid> <description>Within three years, the proportion of Israelis' long-term savings invested in the US index has grown from 1% to 8%.</description> <pubDate>Sun, 13 Oct 2024 15:38:29</pubDate> </item> <item> <title>Menora Mivtachim bids again for Isracard</title> <link>https://www.globes.co.il/en/article-1001491623</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001491623</guid> <description>The new offer values credit company Isracard at NIS 3.1 billion, less than the valuation in Menora Mivtachim's first offer a year ago.</description> <pubDate>Thu, 10 Oct 2024 20:24:42</pubDate> </item> <item> <title>Apollo exec: More investors get access to additional yield</title> <link>https://www.globes.co.il/en/article-1001491528</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001491528</guid> <description>Jonathon Orr, Managing Director for client portfolio management across international wealth at Apollo told the Globes Alternative Investments Conference that private investments are a profitable alternative to money funds.</description> <pubDate>Wed, 16 Oct 2024 07:17:19</pubDate> </item> <item> <title>Apollo exec reveals thinking behind $11b Intel financing</title> <link>https://www.globes.co.il/en/article-1001491504</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001491504</guid> <description>Veronique Fournier, a senior manager at Apollo Asset Management tells "Globes" how it became one of the world's biggest investment firms.</description> <pubDate>Wed, 16 Oct 2024 07:21:37</pubDate> </item> <item> <title>"Investment opportunities in private assets are huge"</title> <link>https://www.globes.co.il/en/article-1001491491</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001491491</guid> <description>Phoenix chief investment officer Hagai Schreiber told the Globes Alternative Investment Conference about the advantages of private assets.</description> <pubDate>Thu, 10 Oct 2024 21:32:21</pubDate> </item> <item> <title>Rani Zim sells Psagot stake for huge loss</title> <link>https://www.globes.co.il/en/article-1001491202</link> <guid isPermaLink="false">https://www.globes.co.il/document?did=1001491202</guid> <description>Zim paid NIS 405 million for his 65.7% stake in 2021. Former Psagot CEO Yaniv Bender will pay NIS 40 million in cash on the completion of the deal.</description> <pubDate>Tue, 08 Oct 2024 17:40:23</pubDate> </item> </channel> </rss>