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Leumi Card News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why the insurance giants want credit card cos

With profits on traditional insurance business under pressure, the insurance companies see credit as an increasingly important part of their armories.

United statesYehuda ben assayagMimun beclickSavings authorityPhoenix holdingsDiscount bankClal insuranceLeumi cardMenorah mivtachimGama managementCapital markets

Israeli tech co Cyren reaches the end of the road

Cyren (formerly Commtouch) was once worth over $1 billion. It is now laying off its entire workforce.

New yorkUnited statesTel avivLior samuelsonWarburg pincusNahum sharfmanAmir levNess technologiesAlliance tire companyTel aviv stock exchangeWall streetFirst gulf warGideon mantelAlliance tireLeumi cardClal insurance

Smotrich decides: Discount Bank must divest from CAL

Minister of Finance Bezalel Smotrich has accepted the recommendation of a special committee to separate the credit card company from the bank.

Bezalel smotrichBank leumiIsrael discount bankIsrael securities authorityCompetition authorityDiscount bankFirst international bankBank hapoalimCredit cards ltdFinance bezalel smotrichIsrael credit cardsInternational bankLeumi card

Some win, some lose from Harel buying Isracard

Isracard shareholders stand to gain a 30% premium, while Alfred Akirov’s case against Clal acquiring Max is weakened.

United statesAbu dhabiAbuz abyUnited arab emiratesBezalel smotrichDror strumDori nawiAlfred akirovPhoenix holdingsIsrael discount bankBank leumiAlrov propertiesCompetition authorityAmerican expressFirst international bankBank hapoalim

Bank of Israel supports separation of credit card company Visa Cal

Contrary to Bank Discount's position, the Bank of Israel supports its separation from credit card company Visa Cal.

United statesOded slomiYair avidanAmir yaronMichele stravchinskyBank leumiBank hapoalimBank discountVisa calLeumi cardJerusalem june

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