Bank Leumi

Valley National Bancorp wraps up $1.14bn Bank Leumi acquisition

Valley National Bank’s parent, Valley National Bancorp (Valley), has completed the acquisition of the US arm of Bank Leumi Le-Israel.…

J C Flowers-owned First Bank to buy Bank Leumi Romania

First Bank, a lender-owned by the US-based private equity fund J C Flowers, has agreed to acquire Bank Leumi Romania…

Bank Leumi to divest credit card unit to Warburg Pincus for $685m

Israel-based Bank Leumi, together with Azrieli Group, has signed an agreement to divest its credit card company Leumi Card to…

Israel’s central bank invites buyers for credit card firms

The Bank of Israel has invited local and international entities for the acquisition of the credit card companies that will…

Bank Leumi unveils further downsizing plan

Israel’s Bank Leumi has announced plans to further trim its workforce by about 500 to 600 in a bid to…