Wealth and Asset Management
Israel Discount Bank sells Swiss operations
Israel Discount Bank TASE: DSCT is liquidating its business in Switzerland, while Bank Leumi TASE: LUMI is getting out of Luxembourg. Discount Bank yesterday signed an agreement to sell IDB Swiss Bank, its arm in Switzerland, to Hyposwiss Private Bank Geneva for 10.9 million Swiss francs $11 million. Discount Bank…
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