In report on domestic financial stability, central bank says Israel’s financial system 'remains stable', but raises the level of risk citing overhaul impact

US lender hires new banking team of 10 people to serve local startups and high-tech firms

Banks supervisor says the urgency of tackling the issue is rising

Daniel Hahiashvili will replace Yari Avidan on June 22; sees his role as ensuring stability of banks while boosting competition and technological innovation

Poll of 110 startups, of which 66% are Israeli, shows most founders believe bankers in collapse US bank had known the risk they were facing

NY-based financial institute founded by Bank Hapoalim, which sold stake in 2005, collapses as investors pull deposits following crash of SVB; 3rd largest bank failure in US history

Amnon Shashua's banking company, known as the First Digital Bank, names itself One Zero to offer 'real, comprehensive' banking alternative

China's Tencent, Japanese conglomerate SBI, and Swiss group Julius Baer back First Digital Bank, founded by Mobileye's Amnon Shashua

As the coalition finally gets a state budget approved, Israelis can expect major changes in education, consumer prices, transportation, and healthcare

With banks shying away from Arab communities, the only path to credit for many is gray market lenders, who offer easy cash at high interest and deadly results for failing to repay