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Israel's Bank Hapoalim profit dips on provision for U.S. tax probe

Bank Hapoalim, Israel's largest lender, reported lower quarterly profit as it set aside money for streamlining and for a potential fine from a U.S. tax evasion investigation. Hapoalim on Tuesday posted fourth-quarter net profit of 478 million shekels ($119 million), compared with 633 million a year earlier and below expectations…

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Click here to read the full story: Reuters

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