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Israel Discount Bank Going International.(gets permission from Switzerland to open...

Israel Discount Bank received approval from the Swiss Federal Banking Authority to open a subsidiary in Geneva Switzerland. The subsidiary will provide private banking services to upscale customers including Israelis. In addition the new branch will focus on Swiss corporate and business clientele. As part of its strategic plan, Israel Discount Bank is expanding into international baking and within the past year has opened branches in London, Paris and Berlin. Recently the Israeli bank purchased a small bank in California. Israel Discount Bank intends to be able to offer services i

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