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Bank Hapoalim
Bank Hapoalim ( he, בנק הפועלים lit. ''The Workers' Bank'') is one of Israel's largest banks. History The bank was established in 1921 by the '' Histadrut'', the Israeli trade union congress (lit. "General Federation of Laborers in the Land of Israel") and the Zionist Organisation. The bank was owned by the '' Histadrut'' until 1983, when it was nationalized following the Bank Stock Crisis. The bank was held by the Israeli government until 1996 when it was sold to a group of investors led by Ted Arison. The bank has a significant presence in global financial markets. In Israel, it has over 600 ATMs (automated teller machines), 250 bank branches, 7 regional business centers, 22 business branches and industry desks for major corporate customers. The bank's stock is traded on the Tel Aviv Stock Exchange. At the end of 2015, the bank had 11,930 employees worldwide. It is controlled by Arison Holdings, owned by Shari Arison. Arison Holdings owns a total of 15.74 p ...
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Ra'anana
Ra'anana ( he, רַעֲנָנָּה, lit. "Fresh") is a city in the southern Sharon Plain of the Central District of Israel. It was founded in 1922 as an American-Jewish settlement, 1 km south of the village of Tabsur, where an important World War I battle had taken place four years previously. Bordered by Kfar Saba and Hod HaSharon on the east and Herzliya on the southwest, it had a population of in . While the majority of its residents are native-born Israeli Jews, a large part of the population consists of Jewish immigrants from the Americas and Europe. Ra'anana's industrial park, built over the depopulated village of Tabsur, is home to global and local start-up companies. It was designated a "Green City" by the World Health Organization in 2005. History In 1912, the Company for Jewish Settlement in Israel formed the "Ahuza A – New York" group to purchase land in Palestine for agricultural settlement. World War I delayed their plans, but in 1921, it was decid ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Stev ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by c ...
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Palestinian Territories
The Palestinian territories are the two regions of the former British Mandate for Palestine that have been militarily occupied by Israel since the Six-Day War of 1967, namely: the West Bank (including East Jerusalem) and the Gaza Strip. The International Court of Justice (ICJ) has referred to the West Bank, including East Jerusalem, as "the Occupied Palestinian Territory", and this term was used as the legal definition by the ICJ in its advisory opinion of July 2004. The term occupied Palestinian territory was used by the United Nations and other international organizations between October 1999 and December 2012 to refer to areas controlled by the Palestinian National Authority, but from 2012, when Palestine was admitted as one of its non-member observer states, the United Nations started using exclusively the name State of Palestine. The European Union (EU) also adopts the term occupied Palestinian territory, with a parallel term Palestinian Authority territories also oc ...
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PGGM
Stichting Pensioenfonds Zorg en Welzijn (known as PFZW, formerly PGGM, translation: "Pension Fund for Care and Well-Being") is the second largest pension fund in the Netherlands. As of 31 December 2014, PFZW had total assets under management of €161.7 billion ($183 billion, 1EUR=1.13USD) and around $682.6 million revenue. PFZW's predecessor, PGGM, was founded in June 1969 through the combination of several smaller Dutch pension funds in the healthcare industry. In 1970, PGGM assumed responsibility for the pensions of employees throughout the health care and social work sectors in the Netherlands. In 1972, PGGM moved to its current headquarters in Zeist, Netherlands. PFZW is as a non-profit foundation, controlled by trade unions and employers from the healthcare and social work sectors. At the end of 2006, the governing board of what was then known as PGGM adopted a separation between its policy (structuring of pensions) and implementation (managing of assets and payment) func ...
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Danske Bank
Danske Bank A/S is a Danish multinational banking and financial services corporation. Headquartered in Copenhagen, it is the largest bank in Denmark and a major retail bank in the northern European region with over 5 million retail customers. Danske Bank was number 454 on the ''Fortune'' Global 500 list for 2011. The largest shareholder is A.P. Moller Holding connected to the Maersk family. It was founded 5 October 1871 as ''Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn'' ("The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen"), and was commonly known as ''Landmandsbanken'' ("the Farmers' Bank"). In 1976, the bank changed name to ''Den Danske Bank'' ("The Danish Bank"), and the current name was adopted in 2000. Operations The Danske Bank group operates a number of local banks around the Nordic region (Denmark, Norway, Sweden, and Finland) as well as across Ireland. In Denmark, the major expansion occurred in 1990 after the merger with Kjøbe ...
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Arison Holdings
The Arison family is a Romanian-Israeli-American business family. Moshe and Sarah Arison immigrated to Ottoman Palestine from Romania in 1882, and were among the founders of the town of Zikhron Ya'akov. Their eldest son was Meir Arison, who was the father of Theodore Arison (later Ted Arison) and two daughters, Aviva and Rina. The family of Ted Arison are his first wife Mina Arison (who became Mina Sapir after marrying her second husband, Yekutiel Sapir), their two children Micky Arison and Shari Arison, Ted's second wife Marilyn B. Arison, and her son Michael Arison who Ted later adopted, and their spouses. Notable members * Ted Arison (1924–1999), Israeli businessman, was born as Theodore Arison in Tel Aviv in 1924, in Mandatory Palestine. He served in the Israel Defense Forces and participated in the 1948 Arab-Israeli War. After his army service he moved to the United States and became a business man. He founded Carnival Cruise Lines which earned him a fortune as it grew to ...
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Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by the ''Securities Law (1968)'', and is under the direct supervision of the Israel Securities Authority (ISA). TASE plays a major role in the Israeli economy, and the 23 TASE members are major banks and investment houses. Trading on TASE is conducted solely through the TASE members that collect a fee for the services they provide. TASE serves to trade securities and to raise capital and debt for companies and the government on the Israeli capital market. History and milestones The Tel Aviv Stock Exchange was established in 1953. Even prior to this, commencing in 1935, securities trading was carried out in the Land of Israel and, afterwards, in the State of Israel at the mandate-period Anglo-Palestine Bank (today, Bank Leumi). The trade ...
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Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ...
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Ted Arison
Ted Arison ( he, תד אריסון; 24 February 1924 – 1 October 1999) was an Israeli businessman who co-founded Norwegian Cruise Lines in 1966 with Knut Kloster and soon left to form Carnival Cruise Lines in 1972. Early years Arison was born Theodore Arisohn on 24 February 1924 in Tel Aviv (in the then British Mandate of Palestine) to Meir, a wealthy businessman, and Vera Arisohn. He was a third-generation sabra of Romanian descent and studied commerce and economics at the American University of Beirut. During World War II, he enlisted in the Jewish Brigade of the British Army and fought in Italy. After the British departure, he served as an officer in the Israel Defense Forces during the 1948 Arab–Israeli War, eventually achieving the rank of Lieutenant Colonel. From 1946 to 1951, he managed M. Dizengoff & Co., a shipping company. Career Frustrated by the lack of business opportunities, Arison wrapped up his business and moved to the United States after 1952. He ...
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Cabinet Of Israel
The Cabinet of Israel (officially: he, ממשלת ישראל ''Memshelet Yisrael'') exercises executive authority in the State of Israel. It consists of ministers who are chosen and led by the prime minister. The composition of the government must be approved by a vote of confidence in the Knesset (the Israeli parliament). Under Israeli law, the prime minister may dismiss members of the government, but must do so in writing, and new appointees must be approved by the Knesset. Most ministers lead ministries, though some are ministers without portfolio. Most ministers are members of the Knesset, though only the Prime Minister and the " designated acting prime minister" are required to be Knesset members. Some ministers are also called deputy and vice prime ministers. Unlike the designated acting prime minister, these roles have no statutory meanings. The government operates in accordance with the Basic Law. It meets on Sundays weekly in Jerusalem. There may be additional meeti ...
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