Release: Leumi’s Head of Commercial Banking Joins Project Sunshine Board

Shawn McGowen brings leadership and advisory experience to global nonprofit New York, NY – September 7, 2016 –  Leumi announced today that Shawn McGowen, Head of Commercial Banking, has joined the Board of Directors at New York City-based international nonprofit organization Project Sunshine. With a network of more than 15,000 volunteers, Project Sunshine brings recreational, … Continued

News: Leumi Doubles Down on Niches to Increase ROE

Financial Times US banks in activists’ sights as lenders struggle to hit targets By Ben McLannahan It was all very civilised. When ValueAct, the activist investor, announced that it had taken a 2 per cent stake in Morgan Stanley earlier this month, it said it had every respect for the strategy set out by James … Continued

News: Why One Economist Sees Brexit as a Positive for U.K. Economy

The Wall Street Journal Why One Economist Sees Brexit as a Positive for U.K. Economy By Ben Eisen The decision by British voters last week to exit the European Union is less surprising and more positive for the U.K. than most give it credit for, according to Gil Michael Bufman, the chief economist at Tel … Continued

News: Bank Leumi Plots ‘Significant’ Expansion

Private Asset Management Exclusive: Bank Leumi Plots ‘Significant’ Expansion By Stephanie Bartup Bank Leumi is seeing an increase in activity among private clients seeking tech deals in Israel, and will ‘significantly’ increase the number of bankers it employs in the next five years, head of US private banking Mason Salit told PAM. Speaking exclusively to … Continued

Release: Leumi Announces New Leadership in Los Angeles Office

Craig Warden and Michal Miron to Serve as Co-Heads; Elsa Burton to Join as Group Head   Los Angeles, CA – April 18, 2016 – Leumi today announced that it has hired Craig Warden and appointed Michal Miron as Co-Heads of its Los Angeles office. Warden joins Leumi from Citi, and Miron has worked within … Continued

News: For Israeli Bank, American Makeover Means St. Patrick’s Day Party

Reuters For Israeli Bank, American Makeover Means St. Patrick’s Day Party By Dan Freed NEW YORK, March 18 (Reuters) – Bank Leumi Le Israel BM LUMI.TA has had its U.S. headquarters on Fifth Avenue overlooking the St. Patrick’s Day Parade for more than 40 years, but this was the first year the U.S. unit of … Continued

News: Bank Leumi Provides $36M for 18-Story LIC Resi Tower

Commercial Observer Bank Leumi Provides $36M for 18-Story LIC Resi Tower By Danielle Balbi Great Neck, N.Y.-based Lions Group NYC landed a $36 million construction loan from Bank Leumi for the development of a 120-unit residential rental tower in Long Island City, Commercial Observer has learned. The mortgage is being used to put up an … Continued

Release: Leumi Reports Strong Results in 2015

Regional Expansion, Strategic New Hires and Technology Investments Bolster U.S. Business New York, NY – March 10, 2016 — Bank Leumi USA (Leumi) today announced that it made significant strides in 2015 and expects continued growth due to a number of new initiatives planned for 2016. The bank is ramping up key private banking offices, … Continued