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Tase Plant
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] |
Tel Aviv Stock Exchange Logo 2021
TEL or Tel may refer to: Businesses and organisations * Tokyo Electron, a semiconductor equipment manufacturer * TE Connectivity, a technology company, NYSE stock ticker TEL * The European Library, an Internet service Place names * Tel, Azerbaijan * Tel River, in Orissa, India Science and technology * Technology-Enhanced Learning * Tetraethyllead, a gasoline additive to make leaded gasoline * ETV6, previously known as TEL, a gene * Transporter erector launcher, a mobile missile launch platform * Tolman electronic parameter, a property of ligands * tel, a URI scheme for telephone numbers * .tel, an internet top-level domain * tel, a parameter in the hCard microformat Other uses * Tell (archaeology), or tel, a type of archaeological mound created by human occupation * Test of Economic Literacy, a standardized test of economics * Thomson–East Coast MRT line, a mass rapid transit line in Singapore * Telescopium, a minor constellation in the southern celestial hemisphere * T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mordechai Pinchas Hasson
Mordecai (; also Mordechai; , IPA: ) is one of the main personalities in the Book of Esther in the Hebrew Bible. He is the cousin and guardian of Esther, who became queen of Persia under the reign of Ahasuerus (Xerxes I). Mordecai's loyalty and bravery are highlighted in the story as he helps Esther foil the plot of Haman, the king's vizier, to exterminate the Jewish people. His story is celebrated in the Jewish holiday of Purim, which commemorates his victory. One theory frequently discussed in scholarship suggests that the Book of Esther serves as an etiology for Purim, with Mordecai and Esther representing the Babylonian gods Marduk and Ishtar in a historicized Babylonian myth or ritual. The identification of Mordecai in the Book of Esther with a Persian official named "Marduka" mentioned in an inscription from the reign of Xerxes is debated, with some scholars supporting the connection while others find it unconvincing because the name was common. Biblical account Mordeca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Jerusalem
Bank of Jerusalem, Ltd () is Israel's seventh-largest bank, with total assets of 9,301 million New Israel Shekel, shekels. Bank of Jerusalem is headquartered in Jerusalem and has 25 branches around the country. The bank is controlled by Export Investment Corp., Ltd., a public company controlled by the Shoval family. History Establishment of the bank The idea of establishing a bank in Jerusalem that would focus on financing economic activity in Jerusalem first arose in the late 1950s, initiated by a number of Jerusalem businessmen. Concurrently, the Jerusalem Workers' Loan and Savings Fund also sought to become a bank. Initially, the Bank of Israel opposed the establishment of new banks at that time, but in 1963, it agreed to the establishment of a mortgage bank in Jerusalem. The bank was founded in 1963 as a Mortgage loan, mortgage bank to support housing development in Jerusalem by Mordechai Meir, Charles Clore, Isaac Wolfson and the Jerusalem Municipality, Municipality of J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank 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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercantile Discount Bank
Mercantile Discount Bank () is a major commercial bank in Israel and is a subsidiary of Israel Discount Bank. It is the sixth-largest bank in Israel. Controversies Involvement in Israeli settlements On 12 February 2020, the United Nations published a database of companies doing business related in the West Bank, including East Jerusalem, as well as in the occupied Golan Heights. Mercantile Discount Bank was listed on the database on account of its activities in Israeli settlements in these occupied territories, which are considered illegal under international law. Tax fraud affair in Australia In 2021, MDB and its parent company IDB reached a settlement of ₪343 million ( A$137 million) with the Australian Taxation Office after allegedly conspiring with the Sydney-based Binetter family to engage in tax fraud Tax evasion or tax fraud is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trust (property), trusts, and others. Tax evasion of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israel Discount Bank
Israel Discount Bank, Ltd. () is an Israeli banking institution that offers a range of financial services, including retail banking, commercial banking, private banking, and financial services. The bank, headquartered in Tel Aviv, operates 112 branches throughout Israel. Founded on 5 April 1935 in Tel Aviv, Mandatory Palestine, the bank has grown to become a significant player in the Israeli banking industry. It is a public company listed on the Tel Aviv Stock Exchange under the symbol DSCT and is included in the Tel Aviv 35 Index. The bank's product portfolio includes credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, and wealth management. It serves its customers through various channels including physical branches, online banking, and mobile banking. As of 2018, the bank reported revenues of ₪ 9.02 billion, operating income of ₪ 1.5 bill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Bank Of Israel
The Union Bank of Israel, Ltd. (); ), more widely known by its Hebrew name, Bank Igud, is the sixth largest Israeli bank, with thirty branches spread around the country. In September 2020, Bank Mizrahi-Tefahot acquired all the shares of Bank Igud, therefore legally as of October 1, 2020, Igud Bank ceased to exist as a publicly traded company and became a subsidiary of Bank Mizrahi-Tefahot. Mizrahi appointed 4 directors to the bank's board, and also appointed Moshe Levi as chairman of the board in place of Zeev Aviel. By November 15, 2022, all Igud Bank customers were transferred to Mizrahi-Tefahot. On 31 December, 2022, the merger process was completed entirely, and "Igud" ceased to exist as an entity. History Bank Igud was founded in 1951 by the Economic Company for Israel from New York and the Palestine Association from London. This continued the banking operations of the Palestine Association, which had been active in the Land of Israel since 1922. In April 1954, Bank Leumi acq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC Bank (Europe)
HSBC UK Bank plc is a British multinational banking and financial services organisation based in Birmingham, England. It is a wholly owned subsidiary of the global HSBC banking and financial group, which has been headquartered in London since 1993. The UK headquarters of HSBC is located at One Centenary Square in Birmingham. HSBC UK Bank plc is one of the four major clearing banks in the United Kingdom. The business ranges from the traditional high street roles of personal finance and commercial banking, to private banking, consumer finance as well as corporate and investment banking. Across all brands the bank operates some 1800 sites in the UK. HSBC UK Bank plc is the only one of Britain's big five banks to hold more deposits than loans (loan:deposit ratio of 90%). This has led to the bank being seen as a less risky proposition than the other banks by investors and customers, as it is able to fully fund its own operations. This also contributed to the company's share price ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank
Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. The bank has branch (banking), branches in 19 countries. The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. As of 2023, Citibank is the third-largest bank in the United States in terms of assets. History Founding 19th century The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few became President of the bank, staying until 1817, followed by Peter Stagg (1817–1825), Thomas Smith (1825–1827), Isaac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank Plc
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2008. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Israel
The Bank of Israel (, ) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron. The primary objective of the Bank of Israel is to maintain stability in prices and the financial system in Israel. It also administers and implements monetary policy in Israel, conducts foreign exchange operations, supervises and regulates the banking system, takes care of the foreign reserves and operations of the financial market infrastructure. The Bank of Israel has, under Article 41 and 44 of its Statute, the exclusive right to issue Israeli Shekel banknotes and coins. History Establishment and early years When Israel gained independence in 1948, the power of note issuance was vested with the Anglo-Palestine Bank, which was refounded as Bank Leumi in 1950. This was done due to the urgency at the time to produce notes. Monetary policy and banking supervision remained controlle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
