FINANCIAL SERVICES

The amount of mortgages in arrears of 90 days or more rose 8% in October compared with September.

Darren Friedman, a partner at alternative investment firm StepStone says the traffic jams in Tel Aviv show that it is business as usual here.

The company is buoyed by improved profits, and the expectation of more liberal regulation in US financial markets when Donald Trump becomes president.

Phoenix CEO Eyal Ben Simon told the Globes Israel Business Conference that the Israeli market is priced cheaply compared with the US market.

Accumulator enables company founders to turn their shares into a diversified portfolio, but not everyone can join.

The $46 million acquisition will allow Capitolis, a market leader in the optimization and compression space, to offer more optimization and compression solutions to the industry.

The Bank of Israel and Ministry of Finance have set up an inter-ministerial team, which will focus on strengthening competition in the deposits and credit sector for small businesses and households.

Many responses to Collison's post about his visit on X were virulently anti-Israel. The question, though, is what is Stripe looking for here?

Alon was chosen ahead of former Ministry of Finance director general Ram Belinkov and former Mercantile Bank chairperson Esther Deutsch.

The institutional stage of the 13-year and 25-year contingent convertible bond offering has raised NIS 640 million.

The investment by Citi, UBS, Morgan Stanley and State Street will be used to further grow Capitolis’ capital marketplace and portfolio optimization businesses.

The leading candidate to acquire the credit card company is currently Menorah Mivtachim, but Bank of Jerusalem says it will propose a triangular reverse merger within 21 days.

The bank reported the highest return of equity of any Israeli bank that has reported in the third quarter to date.

The bank's mortgage portfolio grew 10% year-on-year, outstripping growth in lending to any other sector.

The bank will buy back shares up to a total of NIS 500 million.

Bank Hapoalim's board has declared a dividend of 40% of the third quarter profit, partly in cash and partly as a share buyback.

The bank will charge fees for customers who receive more than NIS 25,000 in a calendar year.

An internal directive recently issued by the bank sets that in a contractor deal, a payment of 20% equity from the customer will now be required, and that the contractor's balloon loan will be limited to up to 40%.

The Bank of Israel held a meeting yesterday to explain to financial service companies how to ward off the planned cyberattack by Iran's Anonymous for Justice group.

Alternative investments manager Hamilton Lane co-CEO Juan Delgado says Israel’s lower valuation environment provides ideal investment opportunities.

Menora Mivtachim will be allocated 33% of the credit card company's shares at a company valuation of NIS 3.15 billion.

The airline says it has abandoned the plan due to the short time schedule set by Isracard for any deal.

The fault apparently lay in the connection of a foreign clearer to the Israeli payments system. A cyber attack is not currently suspected.

Recommendations by the Supervisor of Banks to allow more banking competition would grant even more business to Israel's already powerful insurance companies.

The Israeli airline is offering to buy a 45% stake in the credit card company at a valuation of NIS 3.1 billion.

Within three years, the proportion of Israelis' long-term savings invested in the US index has grown from 1% to 8%.

The new offer values credit company Isracard at NIS 3.1 billion, less than the valuation in Menora Mivtachim's first offer a year ago.

Jonathon Orr, Managing Director for client portfolio management across international wealth at Apollo told the Globes Alternative Investments Conference that private investments are a profitable alternative to money funds.

Veronique Fournier, a senior manager at Apollo Asset Management tells "Globes" how it became one of the world's biggest investment firms.

Phoenix chief investment officer Hagai Schreiber told the Globes Alternative Investment Conference about the advantages of private assets.