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.
View ArticleIBI cuts recommendations on Israeli banks
The investment house says the risk on investing in Israeli banks is rising sharply.
View ArticleBig 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.
View ArticleLegal Affairs: Bankrupting global jihad
Lawsuits in US courts are exposing the role played by international banks in financing terrorism.
View ArticleFischer: 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.”
View ArticleBronfmans 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.
View ArticleRussia 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.
View Article
More Pages to Explore .....