Israel

Mizrahi Bank to appeal Union Bank merger ruling

Israel’s Mizrahi Bank will appeal against the anti-trust authority’s attempt to block its merger with another Israeli lender Union Bank…

RBC, BGN Technologies form cyber security partnership

The Royal Bank of Canada (RBC) and Israel’s BGN Technologies, the technology transfer company of Ben-Gurion University (BGU) in Israel,…

Bank of Israel warns of increasing threat of banking frauds

Bank of Israel, the central bank of the country, has stated that there has been a significant increase in attempts…

Israel’s Bank Leumi to divest 15% stake in US business

Israel-based Bank Leumi has signed an agreement to sell a 15% stake in subsidiary Bank Leumi USA (BLUSA) to Endicott…

TD Bank to open cybersecurity office in Israel

Canadian lender TD Bank has revealed plans to launch a cybersecurity research office in Tel Aviv, Israel. The bank intends…

Israel, Switzerland forge fintech ties

The governments of Israel and Switzerland have inked a memorandum of understanding (MoU) to strengthen cooperation in the financial services…