Bank Hapoalim Negotiating Early Exit for Chairman Amid Probe
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Bank Hapoalim Ltd., under scrutiny over its handling of a sexual assault allegation, is negotiating an early departure for its chairman, Yair Seroussi.
Israel’s largest bank filed a one-sentence statement Monday with the Tel Aviv stock exchange saying it was “in talks to shorten” Seroussi’s eight-year term, which expires in August. A spokeswoman for the bank said Seroussi declined to comment.