
	Where results make sense

Topic: Bank Leumi

Related Topics

List of banks

Halifax (bank)

Hebrew language

In the News (Thu 16 Feb 12)

EXECUTIVE POWER

Iran

ANALYSIS

Pakistan

Family compact

	Bank Leumi - Wikipedia, the free encyclopedia
		Bank Leumi was founded in London as the Anglo Palestine Company on February 27, 1902.
		The bank was based in London until 1950, when it was refounded as Bank Leumi in Israel.
		Today, Bank Leumi is one of Israel's leading commercial banks, with (as of 2004) $50 billion in assets and a presence in over 19 countries.
	en.wikipedia.org /wiki/Bank_Leumi (174 words)

	Unisys & Bank Leumi (Site not responding. Last check: 2007-10-29)
		The bank was founded in 1902 as part of the Zionist vision, to serve as a financial arm of the State.
		Bank Leumi, was given three months to design, plan and implement a reliable DRP solution for its mission-critical applications.
		Bank Leumi now believes that it will achieve a return-on-investment within 12 to 15 months and will dramatically reduce the number of servers and software licenses it would have otherwise purchased by 60 to 70 percent.
	www.unisys.com /products/es7000__servers/clients/featured__case__studies/bank__leumi.htm (1472 words)

	FORWARD : News (Site not responding. Last check: 2007-10-29)
		Two foundations representing Israeli and French citizens are citing the supervisor of banks, the finance minister and the governor of the central bank for their refusal to look into an embezzlement scheme that defrauded dozens of clients of the Zurich branch of Bank Leumi during the 1990s.
		Bank Leumi has acknowledged the irregularities, has fired the main culprit and is cooperating with an ongoing Swiss criminal investigation into his actions led by Zurich District Attorney Nathan Landshut.
		The supervisor of banks is appointed by the finance minister and is under the authority of the governor of the central bank.
	www.forward.com /issues/2003/03.10.24/news10.leumi.html (1342 words)

	3 No. 4 Lawyers' Fund for Client Protection of the State of New York v. Bank Leumi Trust Company of New York
		In response to Bank Leumi's motion to change venue to New York County, the Fund opposed the motion and cross-moved for summary judgment on grounds that Progressive and Bank Leumi were liable for paying on the forged endorsement under UCC 3-419(2).
		What Bank Leumi argues is that because the law firm received its intended one-third share of the settlement check, the Fund cannot seek to recoup more than two-thirds of the face amount.
		The essence of Bank Leumi's contention here is that the Estate, by agreeing to receive two-thirds of the check from the Fund, ratified the forgery to the extent that the law firm was paid its one-third fee.
	www.law.cornell.edu /nyctap/I00_0005.htm (2116 words)

	Bank Leumi USA Launches Leumi 100 TD (Site not responding. Last check: 2007-10-29)
		Unlike conventional time deposits, Leumi 100 TD is a 100-week time deposit that pays customers an attractive rate for the first 50 weeks and an uncapped competitive rate for the second 50 weeks.
		For the second 50-week period, Leumi 100 TD will pay the floor rate provided at the opening of the time deposit, 4% or the one-year jumbo time deposit rate being offered by the Bank on the 351st day after the opening, whichever is higher.
		Bank Leumi USA is the largest subsidiary of Leumi, Israel's leading banking group, this year celebrating its 100th anniversary.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/06-18-2002/0001749354&EDATE= (411 words)

	Arutz Sheva - Israel National News
		Bank Leumi, Israel's second-largest bank, forgave a debt of 600,000 shekels (over $130,000) owed it by the Shikmim Farm in the Negev.
		Banking sources say that banks often erase such debts for financial customers, but that the wiping out of such a large proportion of the original debt is definitely uncommon.
		Bank Leumi's decision to erase the Sharons' debts departed from custom in that it was made without an official legal-financial advisory.
	www.israelnn.com /news.php3?id=85076 (330 words)

	TheMarker.com (Site not responding. Last check: 2007-10-29)
		Leumi's largest subsidiary, Bank Leumi USA, announced yesterday the acquisition of Net First National Bank, a one-branch bank in Boca Raton, Florida.
		Leumi swooped for the bank immediately after it was put up for sale at the end of last week.
		Leumi would assume about $22.7 million of Net First National's deposits that were insured by the Federal Deposit Insurance Corporation (FDIC), but it would not take over another $1.2 million that exceeded federal deposit insurance limits, the bank said.
	www.themarker.com /eng/archive/arc_article.jhtml?ElementId=ha20020304_03e (256 words)

	Bank Hapoalim, Bank Leumi burdened by accountant expenses in 2001
		Bank Leumi, Bank Hapoalim and First International Bank of Israel, in 2001 paid NIS 54.2 million to accountants, compared with NIS 41.3 million in 2000.
		Bank Leumi's accounting fees grew in 2001 to NIS 19.3 million, 9.6% more than in 2000, when this item came to NIS 17.6 million.
		As in the case of Bank Hapoalim, Bank Leumi's increased fees were largely generated by 17.2% in increased expenses relating to non-audit services, which came to some NIS 6.4 million.
	www.thestreet.com /pf/tech/themarker/10014603.html (346 words)

	FRB: Legal Interpretations -- Grant of an exemption from the quantitative limits of section 23A of the Federal Reserve ...
		This is in response to the request by Bank Leumi (USA) New York, New York ("BLUSA"), for an exemption from section 23A of the Federal Reserve Act in order that BLUSA may acquire the assets of the Miami agency of Bank of Leumi le-Israel B.M., Tel Aviv, Israel ("Bank Leumi").
		Leumi, except by virtue of their membership on the board of directors of BLUSA or Bank Leumi le-Israel Corporation, will review and approve the purchase.
		Accordingly, the transaction appears to be consistent with the purposes of section 23A, and the Director of the Division of Banking Supervision and Regulation, pursuant to authority delegated by the Board, and with the concurrence of the General Counsel, hereby grants the requested exemption.
	www.federalreserve.gov /BoardDocs/LegalInt/FederalReserveAct/2002/20020619 (779 words)

	Zipple.com - The Jewish Supersite - Zipple ShmoozeWire (Site not responding. Last check: 2007-10-29)
		Bank Leumi's adopted strategy calls for diversification of its income sources by means of investments in non-banking corporations in order to enhance its profitability and the yield on its capital.
		Subject to the provisions of the Banking Law, the Board of Directors of Bank Leumi resolved, at its meeting today, to approve the purchase of shares in Paz Oil Co., Ltd., from the Bino and Lieberman Groups.
		Bank Leumi will be entitled to recommend the appointment of one director to the Board of Directors of the company.
	www.zipple.com /shmoozewire/bank_leumi_purchases.shtml (255 words)

	BBC NEWS \| Business \| Israel's Iron Lady fights for bank giant
		Her appointment to the top job at Bank Leumi eight years ago turned heads, particularly after she and her chairman Eitan Raff exploded onto the scene with a firecracker of a deal.
		But the question on some lips is whether her reign at Bank Leumi is losing its lustre.
		Leumi, meanwhile, is 35% owned by the government, and has to tough it out with a dominant union.
	news.bbc.co.uk /1/hi/business/2775055.stm (890 words)

	Menorah Gaon downgrades Bank Leumi to Buy
		On Leumi's surprisingly good first-quarter results, Katzap says the bank's relatively small provision for doubtful debt does not indicate that the economy is improving.
		Meanwhile, Bank Leumi said on Thursday it raised NIS 321.9 million ($65 million) from institutional investors in inflation linked-deposits and deferred notes.
		The bank said last week it planned to raise up to NIS 400 million with a maximum interest rate on deposits of 7.0%.
	www.thestreet.com /tech/themarker/10025892.html (447 words)

	Whistle Stopper Political Forums - Leumi management buried computer break-in
		Bank Leumi's computer database was hacked two weeks ago, when intruders extracted a file listing loan information of thousands of bank’s corporate customers.
		The bank did not inform the police or the clients and entrusted the case to a private investigator.
		However, routine enquiries by Bank Leumi find that the Sharon family does not own the ranch, according to Israel's liberal daily Ha'aretz; it is allegedly federal property leased by the Sharons.
	www.whistlestopper.com /forum/showthread.php?t=5538 (920 words)

	Hispanic PR Wire - Bank Leumi USA CEO Announces Retirement; New CEO Named
		In 1997 Bank Leumi Trust Company of New York became Bank Leumi USA and absorbed the existing branches of its parent, Bank Leumi le-Israel, in Chicago, Illinois and Beverly Hills and Encino, California.
		Bank Leumi USA is an FDIC-insured, full-service commercial bank that provides financial services to middle- and upper-middle market firms, international businesses, and not-for-profit organizations through offices in New York, Illinois, California and Florida.
		BLUSA offers U.S. and international private banking services as well as a full range of securities and insurance products through its brokerage subsidiary, Leumi Investment Services Inc. Bank Leumi USA is the largest subsidiary of the worldwide Leumi Group, founded in 1902.
	www.hispanicprwire.com /news.php?l=in&id=3015&cha=14 (594 words)

	Fidelity National Financial - Bank Leumi USA Extends Core Processing Agreement With Fidelity Information Services And ... (Site not responding. Last check: 2007-10-29)
		Bank Leumi USA is a $5.3 billion subsidiary of the Leumi Group, Israel's leading banking group.
		Bank Leumi USA has been a satisfied Fidelity Information Services user since 1992 and under this new agreement continues the relationship for the next five years.
		Bank Leumi USA, which specializes in international, commercial middle market and private banking, added TouchPoint because of its ability to provide the user with a comprehensive, real-time view of the customer's entire relationship.
	www.investor.fnf.com /ReleaseDetail.cfm?ReleaseID=134172 (647 words)

	Hispanic PR Wire - Bank Leumi USA Reports Second Quarter Earnings; Total Assets $5.5 Billion; Net Income $7.4 Million; ...
		Bank Leumi USA is an FDIC-insured commercial bank that provides financial services to middle- to upper-middle market firms, international businesses, and not-for-profit organizations through offices in New York, Chicago, Beverly Hills, Los Angeles, Encino, Palo Alto, Miami, Aventura, and Boca Raton.
		BLUSA offers U.S. and international private banking services as well as a full range of securities and insurance products through its brokerage subsidiary, Leumi Investment Services Inc. BLUSA, operating in the U.S. for fifty years, is the largest subsidiary of the Leumi Group, founded in 1902, with assets of $56 billion.
		The Leumi Group is included in Forbes Global 2003 "A-list: the World's 400 Best Big Companies," and is rated by The Banker as number 126 in a list of the world's top 1,000 banks.
	www.hispanicprwire.com /news.php?l=in&id=2770&cha=14 (548 words)

	Bank Leumi (Switzerland) - Home (Site not responding. Last check: 2007-10-29)
		We are the largest Israeli Bank operating in Switzerland.
		We are proud to be part of the Leumi Group with assets of over CH 80 billion and operations worldwide.
		The Leumi Group, envisioned by Dr. Theodore Herzl played a major role in the financial development of the State of Israel.
	www.leumi.ch /Home/0,2777,1787,00.html (208 words)

	EETimes.com (Site not responding. Last check: 2007-10-29)
		Bank Leumi USA is an American bank, chartered in New York State and a member of the FDIC.
		Bank Leumi USA also serves as banker and facilitator to firms and individuals interested in trading with and investing in Israel.
		Bank Leumi USA is the largest wholly-owned subsidiary of Bank Leumi le- Israel, Israel´s leading banking group with over $48 billion in assets and an additional $30 billion in managed assets.
	eet.tech-engine.com /profiles.asp?List=Industry&CompanyCode=CLMI77 (318 words)

	Dei'ah veDibur - Information & Insight - NEWS
		Bank Leumi has begun to operate a credit center for preferred clients which operates all week long (24/7), including Shabbos and holidays.
		Bank Leumi is the only financial body in the country which operates a manned center on Shabbos.
		In the past, Bank Leumi was involved in a bitter struggle with the religious community over the construction of a hotel in Tiveriya by a subsidiary.
	chareidi.shemayisrael.com /archives/LCHaleumi.htm (220 words)

	Bank Leumi Le Israel - Panama Offshore Banking Guide
		Bank account in offshore tax haven of Switzerland, Belize, Panama, use of tax treaty, offshore IBC banking trusts or anonymous banking, offshore tax --.
		HSBC Bank John Kenneth Galbraith said that “if the history of commercial banking belongs to the Italians and of central banking to the British, that of paper money issued by a government belongs indubitably to the Americans”.
		Banco Do Brasil He was involved with Fidelity Overseas Bank, which was one of the many banks in Montserrat that were closed down by British police in 1989 because they were being run fraudulently.
	www.banksinpanama.com /bankleumileisrael.html (706 words)

	Jerusalem Post \| Breaking News from Israel, the Middle East and the Jewish World (Site not responding. Last check: 2007-10-29)
		Lehman sent a letter to Bank Leumi expressing concerns about the collection of a NIS 75 fine on every banking customer who exceeds its credit limit for more than seven working days and a NIS 49 fee per customer when setting up the new credit frameworks required by the new Bank of Israel credit regulations.
		Separately, Bank Leumi announced a stock options plan worth NIS 464 million for its employees ahead of the bank's privatization.
		The options plan has been approved by Leumi's Leumi board of directors and the audit committee, but has yet to be okayed by shareholders.
	www.jpost.com /servlet/Satellite?cid=1134309648953&pagename=JPost/JPArticle/ShowFull (501 words)

	Swiss magazine: Bank Leumi fraud was $87 million more than claimed
		Bank Leumi had claimed the embezzlement was only $104 million.
		Leumi responded that Weltwoche's report is "simply wrong", and that the correct amount was $104 million, for which the bank has made allowances in its books.
		Leumi has also submitted a claim to its insurers, but a decision on this matter has not yet been made.
	www.thestreet.com /tech/themarker/10026115.html (194 words)

	israelinsider: Briefs: Bank Leumi offers NIS 35M to Holocaust survivors (Site not responding. Last check: 2007-10-29)
		The sum constitutes the bank's basic liability, which was established by the Parliamentary Inquiry Committee in the report it published in January this year.
		Bank officials say they are ready to pay this sum the moment they get an official request from the Knesset speaker, the Knesset or the cabinet.
		The bank's public relations chief Gideon Shor says the bank is willing to pay the money as humanitarian aid to Holocaust survivors or for any other public cause deemed fit by the official bodies that approach the bank.
	web.israelinsider.com /Articles/Briefs/5652.htm (263 words)

	(Israeli) Government sources: (Bank) Leumi privatization tender possible (Site not responding. Last check: 2007-10-29)
		The Ministry of Finance is nevertheless making preparations to distribute shares in Bank Leumi to the public, according to the options plan formulated by Accountant General Dr. Yaron Zalika.
		Any change in the Bank Leumi privatization plan requires advance consent and coordination from the Attorney General and the Ministry of Justice.
		The renewed discussion of Bank Leumi’s privatization is not related to the personal rivalry between Prime Minister’s Office director general Eilan Cohen and Zalika.
	www.freerepublic.com /focus/f-news/1339657/posts (538 words)

	FDIC: Press Release PR-26-2002 (3-01-2002)
		Bank Leumi USA has agreed to assume approximately $22.7 million of the insured deposits of the failed bank.
		Bank Leumi USA has agreed to pay the FDIC a premium of $4.55 million to assume the insured deposits and to purchase approximately $6.0 million of the failed bank's assets.
		The FDIC insures deposits at the nation's 9,747 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.
	www.fdic.gov /news/news/press/2002/pr2602.html (410 words)

	Telegraph \| News
		The bank denies the claim and co-operated voluntarily with the inquiry.
		The bank was set up in 1902 by Jewish financiers to help settlers in Palestine and by the 1930s had attracted thousands of investors.
		The bank, under the jurisdiction of Britain, was ordered by the Government to hand over the accounts of those Jews to an appointed custodian.
	www.telegraph.co.uk /news/main.jhtml?xml=/news/2004/07/25/nhol25.xml&sSheet=/news/2004/07/25/ixhome.html (634 words)

	Bank Leumi - Leumi English (Site not responding. Last check: 2007-10-29)
		Building on over one hundred years of international banking, Leumi is proud to offer Global Private Banking services.
		Leumi Chosen as Bank of the Year 2005
		Bank Leumi has been chosen as Bank of the Year 2005 in Israel by "The Banker" magazine.
	english.leumi.co.il /Home/0,2777,1415,00.html (51 words)

	Bank Leumi
		The bank was founded in 1902 as part of the Zionist vision, to
		Bank Leumi was given three months to design, plan, and implement a
		Leumi, right for the Bank of Israel, and absolutely reliable as a means of
	www.onwindows.com /article.asp?id=465 (1160 words)

	Bloomberg.com: Top Worldwide
		The government is forcing the nation's banks to sell their fund-management units to increase competition in the capital market, which it said will improve returns to investors and lower the cost of borrowing.
		Leumi and Hapoalim have four years to sell their mutual and provident funds unit while smaller banks have eight years.
		Control of Leumi itself was sold by the government Nov. 15 to a pair of New York-based buyout funds, Cerberus Capital Management LP and Gabriel Capital Group.
	www.bloomberg.com /apps/news?pid=10000087&sid=anfIF5nWAV5k&refer=top_world_news (712 words)

Try your search on: Qwika (all wikis)