Bank Hapoalim Ltd.’s credit-card unit may be valued at about $1 billion as the lender prepares to divest the business to comply with new Israeli regulations, according to people with knowledge of the matter. The Tel Aviv-based bank and smaller rival Leumi Le-Israel Ltd are both meeting with investment banks about the sale of their credit card units, the people said, asking not to be identified as the talks are private.

By Christopher Winn via Iris.xyz In developing policies and procedures for a registered investment advisor a topic that should be addressed is trade errors. To uphold the fiduciary duty owed to clients of your RIA, your policies and procedures should cover how you handle errors that may occur when trading in a client’s account.

By Stewart Bell via Iris.xyz I had an experience last month that left me furious, yet more determined than ever. It revolved around an adviser, the kind that should no longer exist in our world.

Tullett Prebon Plc has completed the 1.28-billion-pound purchase of the voice-broker business of its former rival ICAP Plc, creating a dominant firm in the business of matching trades between banks. The new business, which has been rebranded as TP ICAP Plc, has 3,425 brokers who will continue to run competing desks, trading under the Tullett Prebon and ICAP brands.

Which would you rather own: a stock that might generate huge profits in the short term, or one that you know will produce steady returns for years to come? Identifying the underlying trends in our economy, and then selecting those companies best positioned to capitalize on them over the long haul, is the best way to guarantee your profits . Two trends that we know will continue for the foreseeable future are the aging of the U.S. population and increasing consumption of health care services, particularly pharmaceuticals.

My prediction of the United States financial markets in 2017 is a mix of good news and bad news: When markets are chaotic, there are often large opportunities – and they are usually found in unexpected places. The biggest change in the coming year is that investing in the United States will not be an obvious choice.

Here’s one resolution you should check off early in the year: choosing a health plan if you don’t already have one. The deadline to buy a plan under the Affordable Care Act mandate is Jan. 31. If you don’t choose a plan by the deadline and pay the first payment when it’s due, you won’t be able to get coverage this year, with few exceptions.

Euro-area manufacturing expanded last month at the fastest rate since April 2011, in a sign that the currency bloc’s recovery is intact heading into 2017. A Purchasing Managers’ Index climbed to 54.9 in December, IHS Markit said on Monday.

Hyundai Motor and affiliate Kia Motors on Monday said their global sales dropped 2 percent to 7.88 million vehicles in 2016 from the preceding year, falling short of their target of 8.13 million vehicles. It is the first time since 1998 that the South Korean duo, which together rank fifth in global sales, posted an annual sales fall.

With the regular season wrapped up, the order for the first 20 picks in the 2017 NFL Draft are now set . The order of the final 12 picks will be set based on how teams fare in the playoffs.

While Twitter is blocked in China, it lets Chinese advertisers reach a global audience. It is also very popular with Chinese dissidents based in the West.

In his annual New Year’s speech Monday, Samsung Vice Chairman and Co-Chief Executive Officer Kwon Oh-hyun urged employees to learn from costly failures as the consumer electronics giant seeks to recover from 2016’s bruising debacle surrounding the Note 7 smartphone. “We should not compromise with even the tiniest problems in product quality,” Kwon said at the company’s headquarters in Suwon, South Korea.