Search Results for: Bank of Israel
Arab Bank Questions Hamas Links in Terror-Funding Trial
August 28th, 2014
Arab Bank Plc, accused in a U.S. trial of helping finance suicide bombings in and near Israel by processing transactions to benefit Hamas, sought to cast doubt on victims’ claims the attacks were caused by the Palestinian militant group. ...
JPMorgan and Other U.S. Banks Struck by Cyberattack
August 28th, 2014
JPMorgan Chase and a number of other United States banks, including at least four others, were struck by hackers in a series of coordinated attacks this month, according to four people briefed on a continuing investigation into the crimes. The hackers ...
Arab Bank Plc in trial in the U.S. for financing Hamas
August 8th, 2014
Arab Bank Plc ARBK.AM faces accusations that it provided material support to the Palestinian group Hamas. The bank will go under trial next week in New York making it the first financing case in the United States. The Jordan-based ...
Fischer opposes proposals to break up banks
July 11th, 2014
New Federal Reserve Bank Vice Chairman Stanley Fischer says financial reform in the U.S. “is making significant progress in strengthening the financial system,” and he casts doubt on proposals to break up the largest banks, according to a speech ...
Credit Suisse Offers Guidance to 13 Swiss Banks in U.S. Tax Probes
May 26th, 2014
Thirteen Swiss banks face rising stakes in criminal tax-evasion probes after Credit Suisse Group AG (CSGN) set a new standard for punishment in the U.S. crackdown on offshore tax evasion. Julius Baer Group Ltd., Zuercher Kantonalbank and the Swiss ...
Tel Aviv Stock Exchange will soon launch US Dollar weekly derivatives
August 10th, 2016
The board of directors of the Tel Aviv Stock Exchange (TASE) decided in its meeting on Thursday (August 4, 2016) to launch US Dollar weekly options. Weekly TA-25 Index options were introduced by TASE in 2013 and their trading ...
Top news of the day, May 26
May 26th, 2015
1. Binary options – potential changes in regulation. At present binary options are regulated by the UK’s Gambling Commission, but only if the firm has remote gambling equipment located in Britain. If this is not the case, any binary ...
BOI: The Monetary Committee keeps the interest rate for April 2015 unchanged at 0.1 percent
March 24th, 2015
Inflation data The Consumer Price Index for February declined by 0.7 percent, while forecasters had projected a decline of 0.6 percent, on average. The decline in electricity prices, which came into effect in February, contributed 0.3 percentage points toward ...
The Monetary Committee reduces the interest rate for March 2015 by 0.15 percentage points to 0.1 percent
February 24th, 2015
The main considerations behind the decision The decision to reduce the interest rate for March 2015 by 0.15 percentage points, to 0.10 percent is consistent with the Bank of Israel’s monetary policy, which is intended to return the inflation ...
Regulators Zone
February 4th, 2014