Posts Tagged: Bank Leumi
‘High-Tech Is the Engine of the Israeli Economy and the Banks Must Be There’: LeumiTech CEO
CTech - "Last year, investors entered the high-tech market that were not there before. They came with huge sums of money and took the market...
Israel’s Bank Leumi and Digitalization Startup CallVU Partner to Cut Down on Paperwork
CTech - A new digital signature system developed by CallVU will allow Israel's Bank Leumi to replace thousands of documents with digital files. CallVU's Customer...
‘Today, Peace Is Being Signed Mainly for Economic Reasons,’ Says CEO Of Top Israeli Bank
CTech - Whereas history has shown ties between nations are usually formed due to security or defense, Bank Leumi CEO Hanan Friedman, speaking on the...
Ex-Leumi CEO Russak-Aminoach to Head New Team8 Fintech Venture
Israeli cyber group Team8 said on Tuesday it had hired former Bank Leumi chief executive Rakefet Russak-Aminoach to lead a new division that aims to...
Israeli Business Delegations Led by Banks Hapoalim, Leumi to Visit UAE
The heads of Israel's two biggest banks will travel to the United Arab Emirates (UAE) this month, the first such visits since the two countries...
Investment Bank Stifel Financial Opens First Branch in Israel
CTech - Investment Bank Stifel Financial announced on Tuesday it is opening a first branch in Israel. The NYSE-listed bank chose veteran investment banker Alain...
Israel’s Bank Leumi Is Hoarding up to $118 Million of Holocaust Victims’ Money
CTech - An expert opinion submitted to an Israeli court claims Israel’s Bank Leumi is hoarding between NIS 172 million (approximately $50 million) and NIS...
Israel May Soon Have to Choose Between the US and China, Says LeumiTech CEO
CTech - Israel may soon have to take sides between the US and China, and technology will serve as a weapon in this struggle, CEO...
Innovation Is Not Just About Tech, Says Bank Leumi Exec
CTech - Every industry needs innovation and it is not all about tech, said Shmulik Arbel, head of the corporate and commercial division at Bank...
Israeli Banks Discuss Possible Collaborations with Amazon
CTech - Bank Poalim and Bank Leumi, Israel's two largest banks, are holding talks with Amazon regarding potential collaborations, according to people familiar with the matter...
Israel’s Bank Leumi, Azrieli Agree to Sell Credit Card Unit
Israel's Bank Leumi and Azrieli Group have agreed to sell their credit card business LeumiCard to the US private equity firm Warburg Pincus for 2.5 billion shekels ($685 million). Leumi said...
Israel Holocaust Restitution Fund to Allocate $63 Million to Survivors
JNS.org - The Holocaust Restitution Company of Israel announced Tuesday plans to allocate NIS 243 million, or $63.1 million, to aid individual survivors. The organization, also known as...
Israel’s Bank Leumi to Pay $400 Million in U.S. Tax Charges After Admitting to Criminal Activity
Forbes - To resolve U.S. tax charges, Israel's Bank Leumi has admitted that it helped over 1,500 U.S. account holders evade taxes. One of the...
Desmond Tutu Asks Dutch Pension Fund to Divest From Israeli Banks
JNS.org - Anti-Israel activist South African Archbishop Desmond Tutu asked the world's third-largest pension fund, the Dutch ABP, to "strike a powerful, non-violent blow...
