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Bank shares plunge 12.3% amid embezzlement disappearance rumors

By Drooid · Oct 28, 2026 · How we work

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Summary

Bank of Jerusalem’s shares fell 12.3% after rumors linking employee Mali Yahalomi’s disappearance to possible embezzlement.
CEO Yair Kaplan wrote that the disappearance is unrelated to the bank.
An internal audit found no unusual fund activity.
The stock closed just over 2% lower.
Since August 12, the bank’s market value fell about NIS 130 million, leaving stock 8.7% lower while the banking index rose 3.7%.

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Bank of Jerusalem’s shares fell 12.3% after rumors linking employee Mali Yahalomi’s disappearance to possible embezzlement.
CEO Yair Kaplan wrote that the disappearance is unrelated to the bank.
An internal audit found no unusual fund activity.
The stock closed just over 2% lower.
Since August 12, the bank’s market value fell about NIS 130 million, leaving stock 8.7% lower while the banking index rose 3.7%.