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Live Terminal
Economy · Full coverage

Bank Leumi CEO Drops Stock Options After Regulator Ban on Subsidiary-Based Bonuses

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

Unrated 2

By שקד גרין ערבה

First reported by Calcalist · Aug 12, 2026

What happened

Bank Leumi decided not to grant CEO Hanan Friedman stock options tied to its subsidiary Leumi Partners after the Bank of Israel banned linking executive pay to single subsidiaries. The bank emphasized its core banking operations as the main profit driver and reverted to traditional CEO compensation.

  • 01Bank Leumi cancels CEO Hanan Friedman's stock options linked to Leumi Partners.
  • 02Bank of Israel prohibits executive pay based on single subsidiary performance.
  • 03Friedman's planned 854,700 options were tied to Leumi Partners' value.
  • 04Regulator stresses CEOs should be paid for overall bank performance, not subsidiaries.
  • 05Leumi's core banking business generates record profits without risky deals.
  • 06Bank returns to standard CEO salary, highlighting steady banking as key.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
People
OrganizationsBank Leumi, Leumi Partners, Bank of Israel

Full coverage · 2 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

CalcalistUnrated · HebrewAug 12, 2026
Bank Leumi CEO Drops Stock Options After Regulator Ban on Subsidiary-Based Bonuses
GlobesUnrated · HebrewAug 12, 2026
Bank Leumi Cancels CEO Hanan Friedman's Stock Option Plan Following Banking Regulator Intervention
CalcalistUnrated · HebrewAug 12, 2026
Bank Leumi Cancels CEO Hanan Friedman's Stock Options Following Bank of Israel Directive

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