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Israel’s Bank Hapoalim Admits to Conspiring with US Citizens to Evade Taxes; Will Pay...

The resolution is the second-largest recovery by the Department of Justice in connection with its investigations since 2008 into the facilitation of offshore US tax evasion by foreign banks.

For Americans in Israel: Update of Tax Related Matters in the Age of Coronavirus

All tax returns and tax payments for 2019 and estimated tax payments for 2020 otherwise due initially April 15 will not be due before July 15.

Israeli Banks Announce Mortgage Deferrals in Response to Coronavirus Crisis

All the major banks are offering generous deferrals on mortgage payments to help them get through this difficult period.

Cyber Tuition Payment Pilot Project Begins in Israel

"This is a significant breakthrough that introduces a new form of payment into the world of higher education."

Bank of Israel Approves New Digital Bank, Ending 50 Years of No New Banks

The last time Israel has seen the establishment of brand new bank, as opposed to the purchase of an existing bank, was almost fifty years ago, in 1970.

Former Central Bank Chiefs Inaugurate TAU’s Zuckerman Institute for Global Economics

“We will try in this institute to bring the best — not only in theoretical studies, which are extremely important, but also in applicable studies to specify and articulate what it takes for the economy to be successful and prosperous.”

Ashdod Desalination Plant To Be Repaired and Privatized

The Energy Ministry sees the agreement as a good way to prepare for possible future drought years.

Shari Arison to Sell Bank Ha’Poalim Controlling Shares

Last month, Shari Arison was questioned for nine hours by Israel Police on suspicion of her involvement in bribery, and was forbidden to leave the country.

El Al Continues to Drop, Dollar Rises

The major indices on the Tel Aviv Stock Exchange (TASE) traded almost unchanged Tuesday with the TA-35 moving 0.03 percent and the TA-125 edging up 0.21 percent.

Jewish Group Condemns UN BDS Call to Blacklist Companies Working in Liberated Territories

"Foreign companies will not invest in something that reeks of political problems – this could snowball."

Shari Arison Sells 49% of her 20% Control of Bank Hapoalim Valued at $1.9...

Shari Arison, owner of Arison Investments, is Israel's wealthiest woman.

Netanyahu Meets with Heads of Alibaba, Baidu

Netanyahu touted investing in Israel with its 'unique human capital.'

Bill Approved to Increase Competition in Israeli Financial Sector

The main clauses of the bill include a separation of the major Israeli banks from Israeli credit companies. The three largest Israeli banks also currently own and operate the credit card companies.

Official: Israeli CEO Salary Cap Law May Result in Hundreds Fleeing Banking Industry

The banks fear that if the caps apply retroactively and include severance pay and pensions, a much larger number of bank officials would be seeking to leave before the law goes into effect in October.

‘Panama Papergate’ Exposes Global Offshore Havens, Israeli Names

A Panama-based law firm leaked millions of records exposing a global network of tax havens.

Israeli Banks Post Strong Figures for 2015

Revenue, profits and credit all rose in at least two main Israeli banks last year.

Dutch Pension Fund Rejects BDS

The Boycott Israel movement, so far, is more bark than bite.

Updated: Be’er Sheva Bank Attack, Hostages, Dead, and Wounded

What initially appeared to be a bank robbery gone wrong, turned out to be a revenge attack on the bank staff.

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