Avner Mendelson Publishes Byline in American Banker

BankThink Survival strategy: Cut the number of banks in half By Avner Mendelson January 30, 2018 It’s no secret that the banking industry has been consolidating for the last 30 years — the number of bank charters has fallen from 14,000 in 1985, to close to 8,500 in 2000, to 4,938 at the end of 2017 … Read more

Bank Leumi Announces Agreement for Strategic Investment Into Bank Leumi USA, Setting the Latter’s Value Just Under 1 billion USD

The strategic investment brings extensive expertise in the U.S. financial services and banking fields, will assist in the continued evolution and success of Bank Leumi USA and will lead to the creation of greater value for the Leumi Group. TEL AVIV, Israel–(BUSINESS WIRE)–Bank Leumi le-Israel B.M. (“Bank Leumi”) (TASE: LUMI) reported today that it has … Read more

Bank Leumi Names Chris Williams Regional Manager for U.S. Private Banking in Chicago

Williams Brings Decades of Private Banking Experience to Leumi December 12, 2017 09:15 AM Eastern Standard Time CHICAGO–(BUSINESS WIRE)–Bank Leumi announced that Chris Williams has joined the organization as its new Regional Manager for U.S. Private Banking in Chicago, Illinois. In this role, Williams leads a team of Chicago-based relationship managers who help clients manage their … Read more

Avner Mendelson Featured in Banking Exchange

Water, basic need, makes banking specialty http://www.bankingexchange.com/news-feed/item/7214-water-basic-need-makes-banking-specialty?Itemid=101 Bank Leumi USA builds on expertise of Israeli parent to fund water-related industries People talk about the commoditization of banking, but can you think of a more basic commodity than water? Yet, as often as we may take it for granted, in many parts of the world—and this … Read more

Release: Leumi Names Jeff Watts New Southeast Market President for Commercial Banking

Watts Brings 15 Years of Experience to Southeast Commercial Banking Team Bank Leumi announced today that Jeff Watts has joined the organization as its new Southeast Market President. In this role, Watts leads the Southeast Middle Market team within the Commercial Banking division, based in Aventura, Florida. He joins Leumi from City National Bank of Florida, … Read more

Release: Leumi Grows Technology Team with New Chief Information Security Officer

NEW YORK–(BUSINESS WIRE)–Leumi announced today that Ely Pinto has joined the bank as Chief Information Security Officer. In this role, Pinto is responsible for leading and executing the bank’s information and cybersecurity programs, and will also be tasked with redeploying an end-to-end information security program. Pinto reports directly to Martin Droney, Leumi’s Chief Operations and … Read more

Hurricane Office Closure Alert

Due to Hurricane Irma, our Florida office will be closed on Tuesday September 12, 2017. For any inquiries or assistance with your banking needs on Tuesday, please contact us as follows: Commercial Banking Clients: Please reach out directly to your banking team, or contact our Chicago office at 312.419.4121. Private Banking Clients: Please call 212.626.1004 … Read more

LeumiTech CEO Yifat Oron Featured in the International Business Times

The Woman Who Redefined How Banks Work With Startups http://www.ibtimes.com/woman-who-redefined-how-banks-work-startups-2578238 International Business Times, August 31, 2017 By Leigh Cuen Israel is home to around 8.4 million people and some 4,600 startups, according to a  global report by India’s National Association of Software and Services Cos. and the consulting firm Zinnov. Yifat Oron, the CEO of … Read more

Release: Bank Leumi Expands Private Banking Business in South Florida

Renewed focus to serve the growing Latin American community in the region, offering custom solutions including wealth management and estate planning August 22, 2017 09:23 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Bank Leumi, a leading financial services firm and one of the top banks in Israel, today announced an initiative to further bolster the capabilities … Read more