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Israel’s defense expertise drives tech boom for autonomous cars May 23, 2018 By Tova Cohen, Steven Scheer SHFAYIM, Israel (Reuters) – Technology that has helped Israel’s military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars. Investment from firms seeking access to Israeli … Read more
Bank Leumi USA reported the closing of the strategic investment in Bank Leumi le-Israel Corporation (“BLC”), the U.S. bank holding company of Bank Leumi USA. The strategic investment, originally announced on January 22, 2018, is being led by Endicott Management Company (“Endicott”) and includes MSD Capital, L.P. (“MSD Capital”), and together represents an aggregate of … Read more
MARGATE and DAVIE, Fla. — Leumi has provided $9.3 million in financing for the acquisition of two assisted living properties in Florida. The borrower was a South Florida-based owner. The two properties are VIP Care Pavilion Memory Care, a 111-bed community in Margate, and God’s VIP Senior Haven, a 20-bed community in Davie. The loan … Read more
Dell Technologies Announces Customer Award Winners Eight industry leaders exemplify excellence across all stages of the Digital Transformation journey Innovator award winners: Ford Motor Company, Bank Leumi, AeroFarms and Johnson & Johnson Trailblazer award winners: Volvo Cars/Zenuity, Travelers, Unidad de Conocimiento and State Bank of India Dell Technologies to donate $20,000 to four non-profit organizations on behalf of … Read more
May 01, 2018 10:21 AM Eastern Daylight Time AVENTURA, Fla.–(BUSINESS WIRE)–Bank Leumi announced it has expanded its deposit efforts into the municipal sector in Florida. As a Qualified Public Depository, Bank Leumi is now offering highly competitive short-term liquidity programs for Florida municipalities. Leumi’s municipal strategy will include coverage of all cities and counties statewide. … Read more
Douglas Meyer, Senior Vice President and Group Head in the Northeast Middle Market for Leumi’s Commercial Banking division, was recently profiled by The Secured Lender, the magazine of the Commercial Finance Association. The feature highlights Meyer’s spearheading of the launch of Leumi’s water division and his success in expanding the Commercial Banking business. His feature … Read more
Natalie Myshkina was named to the Crain’s New York Business inaugural list of Notable Women in Finance. Her feature is below.
Humberto Garcia spoke with James Langford at the Washington Examiner about the market implications of a potential trade war. View his commentary below: Trump’s trading ‘counterpunches’ with China terrify Wall Street Washington Examiner, April 6, 2018 By James Langford If neither China nor President Trump fear a trade war, Wall Street is demonstrating once … Read more
Leumi Chief Information Security Officer Ely Pinto was quoted in an article for American Banker about how blockchain can ease banks’ digital-identity concerns. His commentary can be viewed below: Can blockchain ease banks’ digital-identity concerns? American Banker, March 27, 2018 By Bryan Yurcan Bankers are increasingly flirting with the blockchain model to solve a growing … Read more