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Altshuler Shaham · 48 stories
The Hapoel Tel Aviv basketball club held a memorial ceremony to honor the victims of the October 7th attacks, pausing sports activities. Club officials, players, and families of v…
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US bond yields have surged to high levels, weakening the Euro and impacting the global economy. While Israel's bond market is also affected, it has shown relative resilience due t…
US jobs data and inflation figures have reduced expectations for an October interest rate hike, while bond yields remain high. Israeli dual stocks show mixed performance, with som…
The ANU, Museum of the Jewish People has added three new artworks to its "October 7" exhibit, marking the third anniversary of the massacre. The new pieces, created by design scho…
The Israeli shekel has reached a two-month low against the U.S. dollar, trading above 3.07 shekels for the first time since July. The decline is attributed to a combination of ris…
Israel's mutual fund industry raised 6.4 billion shekels in September, with most of it going into money market funds. Despite falling interest rates, investors continue to favor t…
Altshuler Shaham mutual funds saw net outflows of nearly NIS 200 million in September, reversing a trend of strong inflows. This occurred as the investment house undergoes a signi…
Police have charged Elya Azrad with assault for throwing salt shakers at former Prime Minister Naftali Bennett during an election event in Bnei Brak. Azrad, who has been released…
An Israeli political commentator proposes a five-step strategy for the opposition bloc to win elections, warning of dire consequences if they fail to secure a majority. Key steps…
The US dollar showed volatility against the Israeli shekel, trading above 3.07 shekels after mixed US economic data, including a slowdown in consumer spending but strong job growt…
Ayalon Insurance's stock has surged over 1,260% due to a significant profit turnaround and strategic shifts under CEO Sharon Reich. The company has exited unprofitable ventures, f…
Israel's Capital Markets Authority warned insurance agents against misleading savers about the sale of Altshuler Shaham's pension funds. Agents allegedly used false information to…
Israeli travel tech firm HyperGuest has raised $25 million from Apex's AMI to expand its platform connecting hotels and tourism companies globally. The company aims to solve B2B b…
The Israeli shekel has fallen to a two-month low against the US dollar due to interest rate differentials, rising bond yields, regional tensions, and a stronger global dollar. Exp…
Israeli researchers from the Israel Democracy Institute warn that prediction markets and AI simulations, which mimic election polls without regulatory oversight, pose a threat to…
Altshuler Shaham has called off a deal to acquire 18% of Leader for NIS 160 million, just two months after signing. The decision stems from Altshuler Shaham's sale of its finance…
Syrian President Bashar al-Assad jokingly proposed the U.S. give New Jersey to Israel in exchange for the Golan Heights, while reaffirming Syria's claim to the territory. The arti…
Hapoel Tel Aviv lost a dramatic EuroLeague game to Bayern Munich, leading to internal frustration and criticism directed at coach Dimitris Itoudis and player Elijah Bryant. The te…
Hapoel Tel Aviv has settled its financial dispute with player Yam Madar, paying him 150,000 NIS in compensation. This agreement allows Madar to officially join Maccabi Tel Aviv an…
Clal Insurance is in preliminary talks to invest NIS 130-150 million for an 18%-20% stake in the investment bank Value Base, aiming to expand its capital markets activities. The d…
The sale of Altshuler Shaham has triggered a wave of potential mergers and acquisitions in Israel's financial sector, as companies like Yelin Lapidot and IBI explore strategic dea…
Judges in Prime Minister Benjamin Netanyahu's corruption trial criticized the defense team for not having alternative witnesses ready when a key witness became unavailable. The co…
The Israeli shekel strengthened against the US dollar, trading at 3.013 shekels, while other currencies saw minor shifts. Experts suggest interest rate differentials and US-China…
Direct Finance is acquiring 85% of Sigma City Real Estate Financing for approximately 34 million shekels, expanding its real estate developer financing. The deal follows a highly…
Veteran Israeli financier Yaakov Weinstein predicts the S&P 500 will surge to 8,500 by mid-2027 before a potential crash by 2029-2030. He advises reducing stock exposure and incre…
This Israeli business news digest covers market movements, including U.S. indices and oil prices, alongside significant corporate and investment news. It highlights Turkish econom…
Hapoel Tel Aviv basketball players have told management that basing the team in Sofia, Bulgaria, will prevent them from succeeding. Players cited difficulties with daily life and…
Altshuler Shaham Finance saw 2.4 billion shekels in net outflows in August, contributing to a year-to-date loss of 23.7 billion shekels, amid its acquisition by WeSure GlobalTech…
Yelin Lapidot is experiencing a record monthly client exodus, withdrawing NIS 2.2 billion in August due to poor investment returns. This follows a similar crisis at Altshuler Shah…
Secretive Israeli billionaire Zvi Barak has provided significant funding for Weשור's acquisition of a controlling stake in Altshuler Shaham Financials. Barak, who previously funde…
Israel is considering a controversial proposal to reduce mandatory pension contributions for young people to stimulate the economy, despite warnings of long-term financial consequ…
The Israeli tech sector is facing investment challenges and shifts, with some startups seeking large funding rounds while others navigate a cooling venture capital market. Simulta…
Israeli news covers the growing concerns over AI development and U.S. President Trump's dismissal of these fears. It also addresses controversy surrounding an Israeli film about "…
Emil Vinshel's WeSure Globaltech has agreed to acquire a controlling stake in Altshuler Shaham Finances for approximately one billion shekels. Vinshel, known for his persistent ap…
Consumer club HitechZone has partnered with Cal to launch a digital foreign currency wallet for its members, allowing purchases, management, and payments abroad. This expands Hite…
Altshuler Shaham led August returns in two pension fund categories, continuing a recent performance improvement trend. This comes as founders sell stakes amid a deal valuing the f…
Gilad Altshuler, outgoing owner of Altshuler Shaham, advised insurance agents and clients against withdrawing funds after the company's sale to Wishor, emphasizing continuity in m…
Soho has signed a non-binding agreement to be acquired by Terminal X for NIS 11 million. The Capital Markets Authority has commented on the stability of involved entities, while t…
Israel's Capital Markets Authority has reassured the public about the stability of financial firms "Wysor" and "Altshuler Shaham." The CEO of Altshuler also denied any connection…
Yair Levinstein, CEO of Altshuler Shaham, denied any merger talks with Ayalon Insurance, while the Israel Capital Markets Authority reassured the public about the stability of bot…
Wishure GlobalTech is acquiring a 45% stake in Altshuler Shaham's pension and provident fund operations for 800 million shekels, with CEO Yair Levinstein buying an additional 10%…
Former Herzog Fox Neeman partners Guy Neeman and Lilach Kinan have launched a new AI-native law firm, Neeman Kinan & Co., with a novel organizational structure. The firm aims to l…
Israel's consumer price index rose 0.7% in August, bringing annual inflation to 1.5%. Experts are divided on whether the Bank of Israel will cut interest rates next month, with so…
Israeli pension funds' actuarial balances for 2025 show mixed results, with some funds like Infinity reporting surpluses and others like Menora Mivtachim showing deficits. These b…
The Tel Aviv Stock Exchange closed higher, influenced by August inflation figures that were slightly below expectations. The Israeli Shekel strengthened against the dollar, and va…
Wishor is set to acquire control of Altshuler Shaham's provident fund management for approximately $270 million after a series of discreet meetings. The deal, finalized after the…
Israel's August inflation rate was 0.7%, keeping the annual rate at 1.5% and within the central bank's target range. However, housing prices continued to rise for the second month…
Wi-Connect Globaltech is acquiring a 45% stake in Altshuler Shaham Finances, bypassing its subsidiary Ayalon Insurance. This strategic move strengthens Wi-Connect's position in th…