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StartUps

The EU’s European Investment Bank (EIB) is working with Israel’s Bank Leumi to invest 250 million Euros ($275 million) in Israeli green projects. Globes...

Money

Valley will pay for 90% of the transaction in stock, providing Leumi a 14% ownership in the merged bank.

Business

It may also have it go public.

Real Estate

  Bank Hapoalim, an Israeli lender, is moving its New York branch south along Avenue of the Americas and reducing its size in the...

Business

  The independent committee appointed by Bank Leumi Le-Israel Ltd. to examine former bank officials’ responsibility for the bank’s entanglement with the US authorities...

Business

  Israeli Supervisor of Banks has sent warning letters to three former top executives at Bank Leumi (TASE: LUMI) former chairman Eitan Raff, former...

Money

American customers with unreported accounts will now find it costly to own up, but perhaps even more costly if they don’t. Bank Leumi and...

Money

  Bank Leumi (TASE: LUMI) reported its results for the second quarter and first half of 2014 this morning. Net profit attributable to the...

World News

“We’ll make a provision for NIS 460 million more in the next quarter for the US customers. We’re glad that this subject is behind...

Money

– Bank Leumi will sell Leumi Switzerland and Leumi Luxembourg to Julius Baer. – After making a provision of more than NIS 1 billion,...