Mar 14, 2023 | Politics

Israeli Banks Helped Transfer $1 Billion From Silicon Valley Bank BEFORE Its Collapse, Report Says

Israeli Banks Helped Transfer $1 Billion From Silicon Valley Bank BEFORE Its Collapse, Report Says

According to The Times of Israel, Israel’s two largest banks, Bank Leumi and Bank Hapoalim, helped Israeli firms transfer $1 billion from Silicon Valley Bank before its collapse.

Did they know SVB’s seizure by U.S. federal regulators was imminent?

Via The Times of Israel:

Israel’s two largest banks, Bank Leumi and Bank Hapoalim, set up a…

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