Bank Hapoalim B.M. And its New York branch agreed to pay a $220 million penalty to the New York State Department of Financial Services for having knowingly facilitated U.S. Clients' evasion of state and federal taxes through its conduct of an illegal cross-border banking business. At the same time, the bank agreed to pay over $600 million the the Justice Department and the Federal Reserve (see separate entries). For more info visit https://www.dfs.ny.gov/press_releases/pr202004301