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Hapoalim to distribute NIS 270m dividend

This is the bank’s first dividend since 2008.

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Banks drag Wall Street lower as fear returns

S&P 500 declines 4% over fears Europe debt crisis will cause French banks collapse, spill over into US financial sector.

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Agrexco to cut 90% of debt to creditors

The company owes ‘

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IBI cuts recommendations on Israeli banks

The investment house says the risk on investing in Israeli banks is rising sharply.

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Big 5 banks post NIS 4b first half profit

The global macroeconomic climate is deteriorating in the third quarter and this will be reflected in the banks’ financial reports.

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Legal Affairs: Bankrupting global jihad

Lawsuits in US courts are exposing the role played by international banks in financing terrorism.

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Fischer: Israel will feel European crisis

“If there is a financial crisis and weakness in European banks, it will affect us too – and it’s on the way.”

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Bronfmans made NIS 210m in 5 years on Discount investment

The Bronfmans had a 4.4% annual return on the investment, due to a 22% drop in the bank’s share price since January.

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Russia Helps Iran and Syria Beat Sanctions for a Price

Moscow has perfected mechanisms for helping Iran and now Syria beat international sanctions. Its price is to funnel their trade through Russian banks and agents – in rubles and/or yuans.

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Israel Stocks: Three Israeli banks warn; analysts not worried

Three of Israel’

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