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February 7, 2012

Bank Hapoalim Rises to Highest in a Month as CEO P

Filed under: Fashion — Tags: , — admin @ 10:35 am

By Shoshanna Solomon

(Updates with closing share price in second paragraph.)

Jan. 17 (Bloomberg) — Bank Hapoalim Ltd. climbed to the highest level in almost a month after prosecutors ended a criminal investigation against the chief executive officer of Israel’s second-largest bank by assets.

The shares advanced 2.3 percent to 13.23 shekels at the 4:30 p.m. close in Tel Aviv Rolex replica watches, the highest since Dec. 20.

Prosecutors ended the probe against CEO Zion Kenan Replica Rolex watches, citing a lack of evidence, the Justice Ministry said in an e-mailed statement today.

–Editors: Daliah Merzaban, Claudia Maedler

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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