Bank Leumi Expands Private Banking Business in South Florida

Renewed focus to serve the growing Latin American community in the
region, offering custom solutions including wealth management and estate
planning

NEW YORK–(BUSINESS WIRE)–Bank
Leumi, a leading financial services firm and one of the top banks in
Israel, today announced an initiative to further bolster the
capabilities of its Private
Banking business serving the specific financial needs of the
burgeoning Latin American community in South Florida. Leumi has
identified a dedicated team of banking experts – fluent in Spanish,
Portuguese and English – who will help clients take advantage of global
investment opportunities as they navigate the challenges of
transitioning from Latin America to Florida. Clients will have access to
a full-suite of wealth management services, including cash management,
portfolio creation and maintenance, estate planning and more.

With decades of experience on the ground in both Latin America and South
Florida, Leumi is well-versed in the specific business and financial
issues that clients may face as they shift between these two different
markets and cultures. A team of multi-lingual Private Bankers offers
each client the hands-on services of a boutique bank while drawing on
Leumi’s strength as a major financial institution to provide a
full-service plan.

“As we continue to count more and more Latin Americans among our
neighbors each year, we are well-positioned to be their go-to resource
for the full range of wealth management services specific to their
needs,” said Varda
Tal, First Vice President and Team Leader for Private Banking in
South Florida. “Our highly specialized group is committed to this
market. We are focused on delivering a growing suite of banking and
investment services, combined with our signature high-touch service, to
even more members of the South Florida community.”

Leumi’s Private Banking team is comprised of nearly 100 employees in the
U.S., with approximately 40 based in the bank’s Aventura,
Florida office. The Aventura office serves clients throughout the
surrounding area, from West Palm Beach to Miami.

About Leumi
Bank Leumi USA (Leumi) is a full-service
commercial and private banking institution providing financial services
to middle market firms, as well as a full range of private banking
solutions to domestic and international clients. Leumi also offers a
broad range of securities and insurance products through its brokerage
subsidiary, Leumi Investment Services Inc. More information about Leumi
is available at www.leumiusa.com.

Contacts

Media:
Leumi
Debra Bar, 917-542-2353
debra.bar@leumiusa.com
or
Intermarket
Jade
Faugno, 212-754-5425
jfaugno@intermarket.com