Financial Sector

The sale of Altshuler Shaham has triggered a wave of potential mergers and acquisitions among Israel's veteran investment houses, as firms like Yelin Lapidot and More weigh strategic deals.

Financial stocks in Tel Aviv have soared by hundreds of percent over the last three years, and now investors are facing a dilemma: has the rally exhausted itself or is this just the beginning? Globes presents the investor's guide to the financial rally: is it worth investing in a bank, insurance company, or investment house stock, and where else are there opportunities?

Major US banks are reporting strong quarterly data, but investors are questioning whether this represents a sustainable trend or a temporary peak. Swiss bank Lombard Odier provides an analysis.