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Sandro Rosell
FC Barcelona President
Sunday, September 24, 2017


JPMorgan Chase lists the “State of Palestine, Occupied” as a fraud-free country, while it deems Israel a scam-ridden state.

The Jerusalem Post reported Thursday that JPMorgan Chase allows debit card users to select “Palestine” as a visiting destination, so their cards will continue to work without problems, but does not list Israel.

The bank claims that Israel is unlisted due to a perceived high rate of fraud in the country.

A banker for JPMorgan Chase told the Post that he tried this week to add Israel and Egypt to the international travel notification system to a customer’s debit card. He was surprised to discover that after successfully adding Egypt, he was barred from selecting Israel, due to the country’s status in the bank as a

The billionaire founder and CEO of the hedge fund Pershing Square Bill Ackman is hoping for a turn around after two years of major losses. 

At an afternoon session in Las Vegas at the Skybridge Alternatives Conference, Ackman said, “I got something to prove.” He noted that when the fund was down 30 percent, humility kicked it. 

Ackman also talked about the bigger issues in the industry, beyond the problems of his own fund.

Ackman said, “The hedge fund industry is a little bit like the mall

From 2015 to early 2016, the Israeli bond market heartily welcomed U.S. developers and their investments. Hundreds of millions of dollars were raised, and the Tel Aviv Stock Exchange became known as a viable source of funding for U.S. projects, particularly at a time when EB-5 was having legislative obstacles. Then the Urbancorp fiasco put a halt to all the merriment. In late 2015, the Canadian condominium developer raised $48 million on the Tel Aviv Stock Exchange. In April 2016, it filed

When Uri Levin, the newly installed President & Chief Executive Officer of Israel Discount Bank New York (IDB Bank or IDB), describes his financial institution, he can’t suppress a smile. “IDB has such a unique culture of being personal, which is apparent both with our clients and also, internally, with our colleagues. We are large enough to give our clients whatever they need and small enough to offer them real personal service. IDB Bank is a full-service American bank with an Israeli

Amazon CEO Jeff Bezos sold almost $1 billion in Amazon Stock last week in order to fund his rocket company Blue Origin, reports the Post.

According to the Securities and Exchange Commission, the Seattle based company reaped $940.74 million from selling the stock—about $700 million after taxes—the most lucrative sale yet for Amazon, reports Forbes.

According to Bloomberg, the shares ranged in price from $935 to $950 and Bezos still owns the most of Amazon’s stock with 79.9 million shares, or