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FINANCIAL SERVICES

Arik Pinto  photo: Tamar Matsafi Hapoalim to record NIS 119m profit from Clal Insurance sale

Under an agreement between the bank and IDB, first refusal rights will expire if there is no deal by November 11.

Osnat Segev-Harel Photo: PR Eos Venture Partners to invest in Israeli insurtech

The $100 million fund will invest in early stage insurtech startups.

Bank Hapoalim Photo: Tamar Matsafi Hapoalim mulls selling Clal Insurance stake

The bank is believed to be considering the sale, in view of the recent rise in Clal Insurance's share price.

Karnit Flug  photo: Eyal Izhar Flug to ease restrictions on non-bank credit

Non-banking companies will be able raise up to NIS 20 billion.

KZEN founders Photo: PR Israeli crypto-wallet co KZen Networks raises $4m

The beta trial of the Israeli company's app will begin in the coming weeks,

Shaul Kobrinsky Photo: Tamar Matsafi Shaul Kobrinsky appointed Discount Bank chairperson

Kobrinsky is likely to continue outgoing chairperson Joseph Bachar's backing for CEO Lilach Asher-Topilsky.

Moshe Bareket Photo: Tamar Matsafi Moshe Bareket appointed capital market regulator

The former Phoenix chairman will be supervisor of the Capital Market, Insurance, and Savings Authority.

Dr. Shlomit Wagman-Ratner Photo: Jonathan Bloom "Economic enforcement is having an impact"

Israel Money Laundering head Adv. Shlomit Wagman-Ratner tells "Globes" that money is becoming more and more difficult to hide.

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