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Wealth and Asset Management
Israeli bank looks to pull out of Swiss private banking
After 13 years of operations, Israel Discount Bank is considering selling its loss-making private-banking business in Switzerland, sources have told TheMarker. The bank, which serves both Israeli and foreign clients, is based in Geneva. Last year it posted a 9-million-shekel ($2.45 million) loss, widening from 7 million shekels the year…
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Click here to read the full story: Haaretz