Association Of Banks

The Association of Banks threatens legal action against the Ministry of Communications over soaring financial fraud and telecom security loopholes, amid a 35% surge in phishing attacks.

Following the Competition Authority's request to review correspondence regarding the replacement of Eitan Madmon, the Association of Banks has frozen the search process. The regulator's intervention was revealed yesterday.

The Competition Authority has requested correspondence from bank chairmen regarding their intention to replace Association of Banks CEO Eitan Madmon, as reported by Globes last week.