Banking executives from Hapoalim and Leumi, as well as Israeli business leaders, to meet with officials from government and financial sectors in Abu Dhabi and Dubai

Reuters: Lender posts net profit of NIS 133 million shekels ($39 million) compared to NIS 871 million a year earlier; NIS 806 million in provisions added in Q2 for COVID-19

Globes: Eran, who passed away after a prolonged illness, resigned earlier this week; external director Ruben Krupik is temporary chairman as bank picks replacement

New finance minister Katz must get people back to work as a first priority, with uncertainty about the coronavirus pandemic persisting and employers wary of the future

Reuters: Israel's largest bank reports Q1 net profit of NIS 192 million ($54 million) vs NIS 821 million a year earlier; shares slide 1.9% in morning trade, in line with market

Israeli bank fined $30 million over kickbacks to soccer officials; $874 million to resolve allegations they conspired with US taxpayers to hide more than $7.6 billion from IRS

Bank Hapoalim accused of helping US clients evade payments; competitors Bank Leumi and Mizrahi-Tefahot Bank charged in similar cases in recent years

Reuters: Bank Hapoalim, Israel’s largest bank, said Wednesday third quarter net profit dropped 22.5% to 736 million shekels ($213 million)

Appointment comes on the heels of Israel Discount Bank appointing Uri Levin as its new chief