Global Investigations Review - The law and practice of international investigations

Lacklustre early cooperation fuelled US tax evasion penalty to Israeli bank

By James Thomas

01 May 2020

Lacklustre early cooperation fuelled US tax evasion penalty to Israeli bank
Bank Hapoalim head office, Tel Aviv, Israel (Credit: shutterstock.com/rasika108)

The DOJ said in the $874 million settlement that the bank's cooperation improved dramatically when it hired new external lawyers in 2017.