Bank

October 21, 2024 | |

Israel Strikes at Hezbollah’s Iran-Backed Banks in Lebanon

Hezbollah has stockpiled up to half a billion dollars in cash in a secret bunker under a Beirut hospital, Israel revealed on October 21. In a televised briefing, Israel Defense Forces...

January 26, 2024 | Sinan Ciddi |

Civil Case Against Halkbank Dismissed by Supreme Court

The U.S. Supreme Court on January 8 denied a civil petition brought against Halkbank, a Turkish state-owned public lender accused of facilitating Iranian sanctions busting. Despite the petition’s dismissal,...

November 18, 2023 | |

Israel Foils Fatah Terror Cell in West Bank  

Israeli forces killed five Palestinian terrorists in an air strike on their West Bank hideout on November 18, foiling attacks they were planning. Palestinian media said the night-time...

July 19, 2023 | |

In Major Reversal, U.S. Lifts Restraints on Iranian Income From Electricity Sales

The Biden administration this week reportedly issued a national security waiver allowing Iraq to pay for the import of Iranian electricity by depositing cash in Iranian bank accounts throughout the...

April 19, 2023 | |

Justice Department Indicts Sanctioned Hezbollah Financier

Latest Developments The Department of Justice (DOJ) indicted Hezbollah financier Nazem Said Ahmad and eight associates on April 18 for their alleged role in fraudulent transactions — many in the United...

January 10, 2023 | Behnam Ben Taleblu, Saeed Ghasseminejad

U.S. Should Sanction Tehran’s New Central Banker

Iran’s government appointed Mohammad Reza Farzin as the new governor of the Central Bank of Iran (CBI) in late December as the country’s national currency, the rial, plummeted against the U.S. dollar....

August 4, 2020 | Jonathan Schanzer, Mark Dubowitz

Lebanon Is Collapsing and Urgent Reform Is Desperately Needed

Lebanon is unraveling. Last year’s massive public protests over the government’s failure to collect trash or provide other key services now seem like minor quibbles. The COVID-19 pandemic has...

June 2, 2020 | Richard Goldberg |

Trump’s New China Strategy Must Focus on International Organizations

The White House released the “United States Strategic Approach to the People’s Republic of China” last month, outlining the Trump administration’s “National Security Strategy as it applies most...

March 27, 2020 | Yaya J. Fanusie |

Banks Are Most Likely Exposed to Crypto-Assets Unknowingly

U.S. financial regulators are watching closely to see how financial institutions’ exposure to the crypto-asset industry is affecting their bank anti-money laundering compliance. As the broader public...

February 1, 2019 | Benjamin Weinthal |

Three German Organizations Finance Palestinian Group Employing Terrorists

Former senior official of terrorist group, the Popular Front for the Liberation of Palestine, now leads Al-Haq, Palestinian human rights NGO.

November 5, 2018 | Toby Dershowitz, Serena Frechter

FDD Resource Guide Documents Risks Facing German Companies that Do Business with Iran

New Guide Helps Banks, Companies, Compliance Managers, and Policymakers Assess Hazards

October 24, 2018 | Benjamin Weinthal |

German bank holds account for soon-to-be-sanctioned Iran Air

Iran Air has been accused of aiding Syrian dictator Bashar al-Assad in his war against Syrian opposition groups.

September 20, 2018 | Benjamin Weinthal |

German state parliament bans BDS while anti-Israel bank defies resolution

The parliament of Germany’s most populous state North Rhine-Westphalia slammed the Boycott, Divestment and Sanctions campaign targeting the Jewish state as ...

September 17, 2018 | Benjamin Weinthal |

Prominent German Jews want JNF to close account with BDS-enabling bank

The German branch of the Jewish National Fund has been swept up in a widening antisemitism scandal because it won’t immediately close its account with the Bank for Social Economy that enabl...

August 29, 2018 | Benjamin Weinthal |

German Bank Accused of Opposing Israel’s Existence

A German Green Party politician and religious studies academic slammed the Bank for Social Economy on Monday for failing to match its rhetoric with action regarding Israel’s right to exist....

August 27, 2018 | Benjamin Weinthal |

German Bank’s Anti-Semitism Leads United Israel Appeal to Shut Account

The German branch of the Keren Hayesod-United Israel Appeal – the prominent Israeli public fund-raising global organization to advance the security of the Jewish state – has closed it...

August 16, 2018 | Benjamin Weinthal |

Top German Social Democrat Urges Bank to End Israel Boycott Support

Michaela Engelmeier, a member of the executive board of the Social Democratic Party of Germany, demanded that the Bank for Social Economy stop providing accounts to groups that support the Boycot...

August 8, 2018 | Benjamin Weinthal |

German governor boycotts anti-Israel music festival affiliated with BDS

Armin Laschet, the governor of Germany’s most populous state, North Rhine-Westphalia, announced on Tuesday that he will not attend the Ruhrtriennale arts and music festival because it has n...

July 26, 2018 | Benjamin Weinthal |

Jewish National fund slated to end business with German bank enabling BDS

The German branch of the Jewish National Fund told The Jerusalem Post that it will close its account with the Bank for Social Economy if the financial institution refuses to en...

July 16, 2018 | Benjamin Weinthal |

U.S. Senators urge German bank to stop enabling antisemitic BDS campaign

Two powerful US Republican senators, both of whom ran significant campaigns for the presidency of America in 2016, weighed in on Thursday against a German bank for aiding the Boycott, Divestment...