Key Developments: Bank Leumi Le Israel BM (BLMIF.PK)
3.55USD
7 May 2013
$0.15 (+4.41%)
$3.40
$3.55
$3.55
$3.55
300
649
$3.79
$2.16
Latest Key Developments (Source: Significant Developments)
Bank Leumi Le Israel BM Sells 4.6% Stake In Migdal Insurance and Financial Holdings Ltd-Reuters
Reuters reported that Bank Leumi Le Israel BM has sold a 4.6% stake in Migdal Insurance and Financial Holdings and agreed to sell a further 2% as it faces new capital requirements next year. Leumi said it sold the 4.6% stake to institutional investors at ILS5.72 per share, representing a 2.2% discount to the opening price of Migdal on January 3, 2013 and it agreed in principle with another buyer to sell another 2% at the same price on January 8, 2013. A statement from the Company did not give a reason for the sale and no one could be reached immediately at Leumi. Full Article
Bank Leumi Le Israel BM Announces Retirement of Co-Chief Executive Officer, Mr. Zvi Itskovich
Bank Leumi Le Israel BM announced that its Co-Chief Executive Officer, Mr. Zvi Itskovich, has retired from the Company, effective from June 30, 2012. Full Article
Bank Leumi Le Israel BM Appoints New Co-Chief Executive Officer, Mr. Ron Fainaro
Bank Leumi Le Israel BM announced that its Board of Directors has appointed a new Co-Chief Executive Officer, Mr. Ron Fainaro, with effect from July 1, 2012. Full Article
Bank Leumi Le Israel BM Appoints New Co-Chief Executive Officer, Mr. Yoel Minz
Bank Leumi Le Israel BM announced that its Board of Directors has appointed a new Co-Chief Executive Officer, Mr. Yoel Minz, with effect from May 1, 2012. Full Article
Bank Leumi Le Israel BM Announces Retirement of President and Chief Executive Officer, Ms. Galia Maor
Bank Leumi Le Israel BM announced that its President and Chief Executive Officer, Ms. Galia Maor, has retired from the Company, effective from April 30, 2012. Full Article
Bank Leumi Le Israel BM Appoints New Chief Executive Officer, Ms. Rakefet Russak-Aminoach
Bank Leumi Le Israel BM announced that its Board of Directors has appointed a new Chief Executive Officer, Ms. Rakefet Russak-Aminoach, with effect from May 1, 2012. Full Article
Bank Leumi Le Israel BM Appoints New Co-Chief Executive Officer, Mr. Naor Yitzhak
Bank Leumi Le Israel BM announced that its Board of Directors has appointed a new Co-Chief Executive Officer, Mr. Naor Yitzhak, with effect from May 1, 2012. Full Article
Bank Leumi Le Israel BM Appoints New Co-Chief Executive Officer, Ms. Meira Karni
Bank Leumi Le Israel BM announced that its Board of Directors has appointed a new Co-Chief Executive Officer, Ms. Meira Karni, with effect from April 1, 2012. Full Article
Bank Leumi le-Israel B.M.'s Board Of Directors Appoints Ms. Rakefet Russak-Aminoach As President And CEO
Bank Leumi le-Israel B.M. announced that it has decided to appoint Ms. Rakefet Russak-Aminoach as President and Chief Executive Officer of Bank Leumi. Ms. Russak- Aminoach's appointment is subject to Bank of Israel confirmation, and will come into effect after receiving the necessary regulatory approvals. Ms.Galia Maor is expected to complete her term of office after the receipt of the regulatory approvals of the appointment of the new President and Chief Executive Officer, and after carrying out an orderly process of handing over her duties. Full Article
Bank Leumi le-Israel B.M. Acquires Swedish Bank Safdie SA
Bank Leumi le-Israel B.M. announced that it has fully acquired Swedish Bank Safdie SA. The deal is worth CHF 143 million. Full Article
Change for Israel as public wrath targets tycoons
JERUSALEM, May 10 - He was once celebrated for his vast fortune and daring deals, but when Israeli tycoon Nochi Dankner was about to catch a break from the bank on his massive debts, public outrage kicked in.
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