Israel’s Mizrahi-Tefahot bank Q2 profit slides on U.S. tax probe provision
29 Aug Israel’s Mizrahi-Tefahot bank Q2 profit slides on U.S. tax probe provision
Posted at 10:37h
in
News
by KMFSLLP
Mizrahi-Tefahot,
Israel’s third-largest bank, reported a 48 percent drop in
quarterly net profit on Thursday, as it hiked a provision to
cover the potential settlement of a U.S. tax evasion
investigation.
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