Israel’s largest locally—driven bank navigating regional ties and modernization
A wave of record profits, rising deal activity, and aggressive hiring define the current financial landscape. Banks are expanding, hedge funds are scaling, and private markets are buoyant as AI investment drives capital flows and strategic transactions.
Palestinian banks face a critical disruption as Israel’s Discount Bank and Bank Hapoalim plan to terminate correspondent banking services with Palestinian institutions this autumn, threatening imports, exports, and essential services amid a broader financial crisis and withheld Palestinian revenues.