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Hapoalim
Bank Hapoalim ( lit. ''The Workers' Bank'') is one of the largest banks in Israel, established in 1921. The bank offers a broad range of financial services to retail, corporate, and institutional customers, with a focus on retail banking services. It operates a network of more than 250 branches and offices in Israel and abroad. Bank Hapoalim is a prominent player in the Israeli banking sector, with a significant market share. The company is traded in the Tel Aviv Stock Exchange under the symbol POLI, and is part of the Tel Aviv 35 Index. Noam Hanegbi was appointed Chairman of the Board in 2025, and Yadin Antebi was appointed CEO in August 2024, succeeding former CEO Dov Kotler. History The bank was established in 1921 by the '' Histadrut'', the Israeli trade union congress (lit. "General Federation of Laborers in the Land of Israel") and the Zionist Organisation. The bank was owned by the '' Histadrut'' until 1983, when it was nationalized following the Bank Stock Crisis. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Noam Hanegbi
Noam Hanegbi (; born 1959) is an Israeli technology expert and senior executive in the banking and financial sector. He has served on the boards of directors of several Israeli financial institutions and currently serves as Chairman of the Board of Directors at Bank Hapoalim since February 2025. Biography Hanegbi holds a bachelor's degree in Economics and Computer Science from Bar-Ilan University. He served in the Israel Defense Forces (IDF) in the MAMRAM unit, where he gained practical experience in information systems and communication technologies. Between 2000 and 2011, Hanegbi served as Senior Vice President at Discount Bank, where he headed the Operations and Information Division, the Retail Banking Division, and the Marketing Division. During this period, he led the “Ofek” project, aimed at rebuilding the bank’s core IT systems. From 2015 to 2019, he headed the Information Systems and IT Division at Maccabi Healthcare Services, where he was responsible for develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shari Arison
Shari Arison (; born ) is an American-born Israeli businesswoman and philanthropist. She is the owner of Arison Investments, which consists of several business companies, and of The Ted Arison Family Foundation, which comprises several philanthropic organizations that operate as its subsidiaries. She was the controlling shareholder of Bank Hapoalim for 21 years, and after selling some of her shares in November 2018, she ceased to be the controlling shareholder at the bank. She was also an owner of Shikun & Binui for 22 years, sold to the Saidoff Group on August 6, 2018. As of 2007, according to ''Forbes'', she is the richest woman in the Middle East, and the only woman to be ranked in the region's top-20 of the richest people in 2007. As of November 2021, ''Forbes'' estimated her fortune at US$4.6 billion, making her the 590th-wealthiest person in the world, and the fourth-wealthiest in Israel. As of January 22, 2024, Forbes listed Shari Arison net worth at US$4.4 billion, rank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Stock Crisis (Israel 1983)
The bank stock crisis was a financial crisis that occurred in Israel in 1983, during which the stocks of the four largest banks in Israel collapsed. In previous episodes of share price weakness, the banks bought back their own stocks, creating the appearance of constant demand for the stock, and artificially supporting their values. By October 1983, the banks no longer had the capital to buy back shares and to support the prices causing share prices to collapse. The Tel Aviv Stock Exchange closed for eighteen days beginning October 6, 1983, whilst a recovery plan was implemented and the banks were nationalized. History During the 1970s, Bank Hapoalim, and its manager, Yaakov Levinson, began attempting to control the bank's stock price on the Tel Aviv Stock Exchange by recommending to their customers that they invest in the bank's stocks by fraudulently providing guarantees that the prices of shares in the banks would rise indefinitely. These investments allowed the bank to increa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arison Holdings
The Arison family is a Romanian-Israeli-American business family. Moshe and Sarah Arison immigrated to Ottoman territory of Palestine from Romania in 1882, and were among the founders of the town of Zikhron Ya'akov. Their eldest son was Meir Arison, who was the father of Theodore Arison (later Ted Arison) and two daughters, Aviva and Rina. The family of Ted Arison are his first wife Mina Arison (who became Mina Sapir after marrying her second husband, Yekutiel Sapir), their two children Micky Arison and Shari Arison, Ted's second wife Marilyn B. Arison, and her son Michael Arison who Ted later adopted, and their spouses. Notable members * Ted Arison (1924–1999), Israeli businessman, was born as Theodore Arison in Tel Aviv in 1924, in Mandatory Palestine. He served in the Israel Defense Forces and participated in the 1948 Arab-Israeli War. After his army service he moved to the United States and became a business man. He founded Carnival Cruise Lines which earned him a fortune a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ted Arison
Ted Arison (; 24 February 1924 – 1 October 1999) was an Israeli businessman who co-founded Norwegian Cruise Lines in 1966 with Knut Kloster and soon left to form Carnival Cruise Lines in 1972. Early years Arison was born Theodore Arisohn on 24 February 1924 in Tel Aviv (in the then British Mandate of Palestine) to Meir, a wealthy businessman, and Vera Arisohn. He was a third-generation sabra of Jewish descent in Romania's diaspora and studied commerce and economics at the American University of Beirut. During World War II, he enlisted in the Jewish Brigade of the British Army and fought in Italy. After the British departure, he served as an officer in the Israel Defense Forces during the 1948 Arab–Israeli War, eventually achieving the rank of lieutenant colonel. From 1946 to 1951, he managed M. Dizengoff & Co., a shipping company. Career Frustrated by the lack of business opportunities, Arison wrapped up his business and moved to the United States after 1952. He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Histadrut
Histadrut, fully the New General Workers' Federation () and until 1994 the General Federation of Labour in the Land of Israel (, ''HaHistadrut HaKlalit shel HaOvdim B'Eretz Yisrael''), is Israel's national trade union center and represents the majority of Israel's trade unionists. Established in December 1920 in Mandatory Palestine, it soon became one of the most powerful institutions in the Yishuv (the body of Jewish residents in the region prior to the establishment of the state). Today, it has 800,000 members. History The Histadrut was founded in December 1920 in Haifa to look out for the interests of Jewish workers. Until 1920, Ahdut HaAvoda and Hapoel Hatzair had been unable to set up a unified workers organisation. In 1920, Third Aliyah immigrants founded Gdud HaAvoda and demanded a unified organization for all Jewish workers, which led to the establishment of the Histadrut.Z. Tzahor, "The Histadrut", in ''Essential papers on Zionism'', 1996, Reinharz & Shapira (eds.) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TA-35 Index
TA-35 Index is an Israeli stock market index computed by the Tel Aviv Stock Exchange tracking the performance of 35 large companies listed on stock exchanges in Israel. It is one of the most commonly followed equity indices in Israel, considered as the flagship index in Israel and as a proxy to the Israeli economy similarly to the S&P 500 in the USA TA-25 was launched in January 1992, with a value of 100 points as a base value. The index was expanded on February 12, 2017, to include 35 instead of 25 stocks, in an attempt to improve stability and therefore reduce risk for trackers and encourage foreign investment. Composition The components of the index are: Historic values and returns See also * TA-90 Index * TA-125 Index *Economy of Israel An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material express ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the ''Securities Law (1968)'' and is under the direct supervision of the Israel Securities Authority (ISA). The TASE plays a significant role in the Israeli economy, facilitating the trade of securities and the raising of capital and debt for companies and the government on the Israeli capital market. Trading on the TASE is conducted exclusively through its 23 members, which include major banks and investment houses that collect a fee for their services. The TASE was founded in 1953, with its precursor dating back to 1935. As of 2021, it lists 473 companies, 901 series of corporate bonds, 204 series of government bonds, 416 index-tracking products, and 1,231 mutual funds. The exchange's market capitalization for equities stands at US$ 216 billion, and for bonds at US$ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ra'anana
Ra'anana () is an affluent city in the southern Sharon, Israel, Sharon Plain of the Central District (Israel), Central District of Israel. It was founded in 1922 as an American-Jewish settlement, 1 km south of the village of Tabsur, where an Battle of Tabsor, important World War I battle had taken place four years previously. Bordered by Kfar Saba and Hod HaSharon on the east and Herzliya on the southwest, it had a population of in . While the majority of its residents are Israeli-born Jews, a large part of the population consists of Jewish immigrants from the Americas, Europe and South Africa. Ra'anana's industrial park is home to global and local start-up companies. It was designated a "Green City" by the World Health Organization in 2005. History Before the 20th century, the location of Ra'anana formed part of the Forest of Sharon, a hallmark of the region's historical landscape. It was an open woodland dominated by Mount Tabor Oak (Quercus ithaburensis), which extend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times Of Israel
''The Times of Israel'' (ToI) is an Israeli multi-language online newspaper that was launched in 2012 and has since become the largest English-language Jewish and Israeli news source by audience size. It was co-founded by Israeli journalist David Horovitz, who is also the founding editor, and American billionaire investor Seth Klarman.Forbes: The World's Billionaires: Seth Klarman . April 2014. Based in , it "documents developments in Israel, the Middle East and around the Jewish world." Along with its original English site, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
