trending Market Intelligence /marketintelligence/en/news-insights/trending/rQ8FcGwwqIS5ZN82hULqAQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Israel's Mizrahi Tefahot Bank settles US tax case for $195M

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Israel's Mizrahi Tefahot Bank settles US tax case for $195M

Israel's Mizrahi Tefahot Bank Ltd. agreed to settle a tax evasion case with the U.S. Department of Justice for $195 million.

The bank admitted that it conspired with U.S. taxpayers to help them avoid taxes from 2002 until 2012. The Justice Department said the $195 million penalty comprises $53 million in restitution, $24 million in disgorgement and a $118 million fine.

Under the deferred prosecution agreement, the bank and its units will be required to disclose certain information relating to its U.S. accounts and must implement and maintain an effective internal control program. The bank will not undergo prosecution for conspiracy for two years if it complies with the terms of the deal.

The bank had previously rejected the Justice Department's $342 million tax settlement proposal and later included a provision of $116.5 million in its second quarter 2018 financial results to account for a potential fine.