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Leumi

18 stories about Leumi

Big winners from Cellebrite’s exit: Leumi, Clal and Discount bank investment arms
11.04.21|Golan HazaniLeumi Partner and Clal Insurance’s investment arm will earn $40 million from Cellebrite’s offering at a $2.4 billion valuation, and $35 million from their investments in the IGP Fund. Discount Capital will directly earn $30 million and $20 million from its investment in IGP
To See the Future of Banking, One Should Look to China, Says Bank Leumi Exec
26.11.19|Orna YefetChanges in the finance industry and the entrance of non-banking players mean traditional banks need to figure out new business models, Dror Topf, head of group strategy and innovation at Israel’s Bank Leumi, said Monday at Calcalist’s Mind the Tech conference in Tel Aviv
A Bank That Doesn’t Embrace AI Will Not Be Relevant to Younger Generations, Says Exec
25.11.19|Naomi ZorefShay Basson, who heads the technology division of Israel’s Bank Leumi, spoke Monday at Calcalist’s Mind the Tech conference in Tel Aviv
Tech and the Israel-U.K. Trade Corridor
21.11.19|Gil KarniGil Karni, CEO at Leumi UK, explains how increasing trade between the U.K. and Israel could provide both nations with an important advantage.
Israeli Banks Leumi and Discount to Raise CoCos Outside of Israel
22.10.19|Golan HazaniBoth banks are looking to raise around $280 million over two years, according to two people familiar with the matter who spoke to Calcalist on condition of anonymity
Leumi's Digital Bank Launches Fractional Shares Investing Service
23.09.19|Hezi SternlichtThe service will allow anyone over the age of 18 to invest in a limited range of multinationals like General Motors, FedEx, Facebook, Disney, and Amazon at a lower entry point
One Is Home-Grown, the Other an Outsider: Discount and Hapoalim's New CEOs
16.07.19|Raheli BindmanUri Levin is set to enter Lilach Asher-Topilsky’s shoes as CEO of Israeli Bank Discount, and Dov Kotler will inherit Arik Pinto as CEO of Hapoalim. These are the challenges they will face
Israel’s Discount Bank Selects Uri Levin as New CEO
15.07.19|Micky GrunfeldLilach Asher-Topilsky, the bank's CEO since 2014, was one of three Israeli bank CEOs to announce her resignation in recent months
In its Battle Against Tax Evaders, Israel Tax Authority Sets its Sights on Payment Apps
14.07.19|Raheli BindmandIsraeli Banks Leumi, Hapoalim, and Discount all offer mobile payment apps; some small businesses have been using them to perform transactions under the radar
Intended to Increase Competition, Israeli Law Pushes Credit Card Fees Up
08.07.19|Raheli Bindman and Lilach BaumerIn 2017, the Israeli parliament passed a law intended to increase competition in the financial sector. Among its clauses, the law mandated a separation between Hapoalim and Leumi, Israel's two largest banks, and their credit card subsidiaries
Israel's Banking Ecosystem Is Experiencing Upheaval
01.07.19|Raheli BindmanOn Sunday, Israel’s Bank Leumi CEO and President Rakefet Russak-Aminoach announced her upcoming retirement, becoming the third Israeli bank CEO to do so since April
Bank Leumi President and CEO to Retire After Seven Years
30.06.19|Raheli Bindman and Micky GrunfeldRakefet Russak-Aminoach is in talks to join Israeli cybersecurity think tank and startup foundry Team8 LLC., according to source
Regulators Must Protect Against Risk but Also Help Innovate the Industry, Say Fintech Execs
25.06.19|Omer KabirOrnit Shinar of Citi Ventures, Omry Ben David of Viola Ventures, and Gilad Shimony, CEO of Leumi Partners Underwriting spoke Monday at Calcalist’s fintech conference in Tel Aviv
The Israeli Tech Sector Does More to Tackle Economic Inequality Than Any Reform, Says Banker
14.04.19|Omer KabirSpeaking at Calcalist’s annual Mind the Tech conference Thursday, Bank Leumi’s Shmulik Arbel said innovation could work to lower the cost of living
Warburg-Pincus Completes Acquisition of Israeli Credit Card Issuer
25.02.19|Lilach BaumerThe $640 million deal was first announced in July 2018 following a law mandating separation between Israel’s largest banks and their credit card subsidiaries
Israeli Drugstore Chain Super-Pharm Considering Tel Aviv IPO
12.02.19|Golan HazaniIn 2017, private equity firm CVC Capital Partners walked out on a deal to buy a 40% stake in the company at a $540 million valuation
Israeli Banks Discuss Possible Collaborations with Amazon
11.02.19|Raheli BindmanAmong the options discussed are providing bank credit card holders with Amazon discounts, and bank accounts dedicated to shopping on the online retailer’s websites
Warburg Pincus Closes Deal to Acquire Israeli Credit Card Issuer Leumi Card
25.07.18|Golan HazaniLeumi Card is a subsidiary of Israel-based Bank Leumi, which must divest the card issuer by 2020

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