Bank Leumi to list US banking unit.

BANKING AND CREDIT NEWS-January 3, 2019--Bank Leumi to list US banking unit

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Global Banking News - 03 January 2019

Israel-based Bank Leumi (LUMI.TA) has announced plans to list its US banking unit.

The firm is considering plans to list its subsidiary, Leumi USA, at a valuation of more than USD1bn. Last year, two strategic investors purchased a 15 percent stake in the...

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