PULLBACK: Bank Hapoalim Sells Off Swiss Units Amid Regulatory Investigation
Bank Hapoalim, a large Israel bank, agreed to agreed to sell its units in Switzerland and Luxembourg to Switzerland-based J. Safra Sarasin Group in a deal worth 27-33 million CHF (US$ 28-US$ 34 million) that is expected to close in the first half of 2018 upon regulatory approval.
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