April 21, 2018 8:43 AM ET


Company Overview of Bank Hapoalim (Switzerland) Ltd.

Company Overview

Bank Hapoalim (Switzerland) Ltd. provides private banking products and services in Switzerland. Its services include portfolio management, asset management, and investment consulting. The company also provides trust and fiduciary services, and foreign exchange services, such as spot, forwards, options, and swaps. The company was founded in 1975 and is based in Zurich, Switzerland. The company has additional offices in Geneva, Switzerland and Luxembourg. Bank Hapoalim (Switzerland) Ltd. operates as a subsidiary of Bank Hapoalim B.M.

Stockerstrasse 33

Zurich,  8027


Founded in 1975


41 44 283 81 81


41 44 202 77 40

Key Executives for Bank Hapoalim (Switzerland) Ltd.

Chief Executive Officer
Age: 62
Head of Private Banking
Chief Financial Officer, Head Office Zurich
Chief Operating Officer, Head Office Zurich
Head of Private Banking and Deputy General Manager
Compensation as of Fiscal Year 2017.

Bank Hapoalim (Switzerland) Ltd. Key Developments

Hapoalim Denies Report On Sale Of Switzerland Unit

Bank Hapoalim B.M. (TASE:POLI) is not planning to sell stake in its unit. Bank Hapoalim B.M. has denied reports by ‘Globes’ that it is planning to sell stake in Bank Hapoalim (Switzerland) Ltd. Bank Hapoalim B.M. said in response, “The bank has been examining for some time its deployment in international private banking in order to align it with the business environment. It should be clarified that Bank Hapoalim Switzerland is a strategic asset and its sale is not being considered.” However, the company did not deny the reports about its plans selling its Latin American banking operations based around two branches in Uruguay.

Bank Hapoalim To Reportedly Sell Swiss And Taiwan Units

Bank Hapoalim B.M. (TASE:POLI) is to sell its units in Switzerland (Bank Hapoalim (Switzerland) Ltd.), Latin America (Hapoalim Latin America S.A.) and Taiwan. Bank Hapoalim is said to be planning to sell its overseas private banking business. It is looking to sell all the units in one go. However, it could also sell the units separately. Julius Baer Group Ltd. (SWX:BAER) is said to be interested in the unit.

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