Bank Leumi Enters Employee Stock Option Management

What happened

1. 01Bank Leumi and Aspire will jointly manage employee stock options worth approximately NIS 400 billion.
2. 02The new venture will establish a shared trust company for managing employee securities.
3. 03The focus will be on employees, particularly within the high-tech sector.
4. 04Hanna Hollander of Aspire will provide key industry connections.
5. 05The move marks Bank Leumi's first entry into managing employee stock option trusts.

Translated and summarized by baba from TheMarker, the latest report. Read TheMarker’s original