Bank Leumi
Israeli-media coverage mentioning Bank Leumi, translated into English and compared across sources. 26 recent stories.
Revolut nears Israeli banking license that could shake up the market
Revolut is close to getting a Bank of Israel “narrow bank” license that would let it add deposits and loans in Israel. The move could intensify competition against major banks, af…
Leumi’s campaign tops ad recall as Bank Hapoalim wins affection
Bank Leumi led this week’s advertising recall in Israel with a campaign for bar and bat mitzvah children from border communities. Bank Hapoalim’s World Cup-themed sponsorship was…
Nochi Dankner Moves Toward Bankruptcy, New Restrictions and a Smaller Life in Tel Aviv
Tel Aviv Magistrate’s Court placed Nochi Dankner under bankruptcy proceedings after he stopped opposing requests from four creditor banks. He is expected to leave his Herzliya vil…
Nohi Dankner Moves Toward Bankruptcy, Leaving His Herzliya Villa for a Tel Aviv Apartment
Tel Aviv Magistrate’s Court placed Nohi Dankner under insolvency proceedings after he withdrew opposition to requests by four creditor banks. Dankner, who owes 550 million shekels…
Bank of Israel Survey Finds Small Businesses Most Satisfied with One Zero
Bank of Israel supervision says small-business satisfaction with banks remains weak in 2025, especially on fairness and personal service, despite strong digital ratings. One Zero…
Tower Semiconductor’s Market-Cap Surge Revives an Old Warning for Investors
Tower Semiconductor briefly became Israel’s most valuable company this week, reaching a $37.7 billion market cap before a global chip selloff pushed it back down. A review of past…
Israel Securities Authority Unveils Three-Stage Fee Overhaul for Mutual Funds and Securities Accounts
Israel’s financial regulators have released a three-stage plan to overhaul mutual fund and securities-account fees, with major changes aimed at banks, investment advice and passiv…
Lama AI Raises $12 Million to Speed Business Loan Approvals with AI Agents
Lama AI, an Israeli fintech founded in 2022, raised $12 million led by EJF Ventures, lifting total funding above $20 million. The company uses AI agents to help banks and fintech…
Tower seeks higher pay for CEO after stunning stock rally
Tower Semiconductor’s board is seeking shareholder approval on July 2 to raise CEO Russell Ellwanger’s pay and broaden executive compensation, following a huge stock rally that li…
Work dispute threatens disruption at Bank Hapoalim's affiliate Metaf
The Maof union has declared a labor dispute at Metaf, Bank Hapoalim’s fully owned IT and operations subsidiary, opening the door to sanctions or a strike from July 8. The dispute…
Discount Capital Names Michal Kisus Herzog as New CEO
Discount Capital appointed Michal Kisus Herzog as its new CEO, starting in September, to succeed Hila Himi. Himi is leaving after 11 years and after overseeing the 3.9 billion-she…
Tel Aviv Shares Set for Mixed Open as Tower Jumps on Strong Arbitrage
Tel Aviv was headed for a mixed session, led by a strong premarket jump in Tower Semiconductor after a sharp Nasdaq rally. Separately, Elbit Systems and Sivan settled their laser…
Why a Detailed Will and Estate Executor Can Protect Your Inheritance
A class action over dormant bank accounts ended with a 28 million shekel settlement, underscoring how heirs can miss assets after a death. The article argues that a detailed will…
Israeli Banks Race to Meet 3 Billion Shekel Relief Commitment
Israel’s biggest banks have already distributed about 1.9 billion shekel under a voluntary three-year relief plan tied to their high profits. Bank Leumi is accelerating bonuses, w…
Bank Leumi to fund summer camp for northern border teens
Bank Leumi will fund a summer camp for teens from northern border communities, in a project worth tens of millions of shekels. The Kimama-run camp will be held near Haifa in July…
Tel Aviv Stocks Slump as Iran Deal Talk Triggers Profit Taking
Tel Aviv shares fell again as investors sold on concerns over the emerging U.S.-Iran agreement and local geopolitical risk. The TA-125 is down 7.3% in June, though still up 12% si…
Leumi Partners Exits Indirect Stake in Nofar in Deal Expected to Book Up to NIS 300 Million Profit
Leumi Partners is ending its indirect partnership in Nofar Energy and moving to a direct stake, in a deal expected to yield NIS 250 million to NIS 300 million. The move follows a…
Tower Semiconductor Surges Past Israel’s Biggest Banks After Years of Rescue
Tower Semiconductor’s market value has surged past Bank Hapoalim and could soon exceed Bank Leumi, after rising about 590% in a year. The company, once burdened by more than $500…
Bank Leumi to credit eligible customers with one-time 700 shekel bonus
Bank Leumi will pay eligible customers a one-time 700 shekel bonus in July 2026 under the Bank of Israel relief framework. The move, estimated to cost 150 million to 200 million s…
Banks Start Lowering Mortgage Rates as Bond Yields Fall
Falling Israeli government bond yields are already pushing mortgage rates lower at some banks. Analysts and advisers say borrowers may soon see smaller monthly payments, and that…
Deloitte Launches Space-Based AI and Cyber Services with SpaceX
Deloitte launched three AI satellites with SpaceX and plans six more, aiming to build space-based data and cybersecurity services. The article also covered Israel’s AI economic de…
Big Banks Retreat in Challenge Over Control of Masav
Israel’s five biggest banks withdrew their Supreme Court appeal over their control of Masav, the national bank-transfer system. Interim restrictions will reduce their influence an…
Non-Gulf Oil Exporters Are Profiting from the Global Oil Shock
The Strait of Hormuz closure sent oil prices higher and created a windfall for exporters outside the Persian Gulf. The United States, Norway, Russia, Brazil, Guyana, and Venezuela…
SpaceX Sets Record $75 Billion IPO, Putting Musk Closer to Trillionaire Status
SpaceX completed a record $75 billion IPO at a $1.77 trillion valuation and will start trading Friday. The deal could make Elon Musk the world’s first trillionaire and may trigger…
Court Recognizes Bank Programmer as Work-Related Injury Victim After Intensive Typing Led to Carpal Tunnel Syndrome
A Labor Court in Beersheba recognized a Bank Leumi programmer as a work injury victim after she developed carpal tunnel syndrome from years of intensive typing. The court adopted…
Former Leumi Executive Loses Lawsuit Against Bank, Ordered to Pay Unusual Costs
The Tel Aviv Labor Court rejected former Bank Leumi UK CEO Gil Karni’s lawsuit against the bank and ordered him to pay NIS 100,000 in legal costs. The court ruled that Karni resig…
