Bank Leumi President and CEO Russak Aminoach to Retire

Rakefet Russak Aminoach, president & CEO of Bank Leumi, will retire after seven years in the position and a total of 15 years with the Leumi Group.

NAB, Leumi & CIBC Launch Online Innovation Portal

Bank Leumi of Israel, CIBC and National Australia Bank launched the Global Alliance Fintech Link, a global online portal developed to help drive client-focused innovation by facilitating collaboration between the banks and fintechs.

Bank Leumi Hires Fagnani to Head New ABL Division

Mark Fagnani, head of Bank Leumi’s new ABL division, has spent his career at some of the nation’s top ABL lenders. Cartoonist Jerry Gonzalez illustrates the trajectory of Fagnani’s career.

Out of Retirement, Into a New Challenge: Fagnani Leads New Bank Leumi ABL Division

With roots in Tel Aviv and branches the world over, Bank Leumi lacked only one thing — an ABL division. The bank corrected the situation this spring and hired Mark Fagnani, a veteran of many outstanding ABL institutions, to lead it. Fagnani shares his vision for Leumi and his mantra for success with ABF Journal editor Nadine Bonner.

De Lecce, Bryson Join Bank Leumi U.S. Tech Team

Bank Leumi hired Mario De Lecce as group head, U.S. Tech and John Bryson as a relationship manager.

Bank Leumi to Sell Leumi Card to Warburg Pincus

Bank Leumi and the Azrieli Group agreed to sell Leumi Card to funds affiliated with private equity fund Warburg Pincus for NIS2.5 billion ($682 million).

Bank Leumi Hires Fagnani to Head New ABL Division

Bank Leumi USA hired Mark Fagnani to head its new Asset-Based Lending business, which will be based in its New York headquarters.

Fifth Third SVP O’Donnell Joins Bank Leumi as U.S. Head of Credit

Bank Leumi hired Dan O’Donnell as the new head of Credit in the U.S., based in its New York office. He will report to the Head of Commercial Banking, Shawn McGowen.

Leumi Names Watts New SE Market President for Commercial Banking

Jeff Watts joined Bank Leumi as its new Southeast Market president.

SunTrust, Leumi, Others Lead $130MM Financing for BlueVine

BlueVine closed up to $130 million in new debt financing to enable the online invoice factoring lender to rollout new products.