Israeli, foreign investors lose millions as Bank Leumi shares drop
In early May, Leumi announced that it recorded a loss of around NIS 1 billion due to its investment in Valley National.
Pedestrians are reflected in the windows of a branch of Bank Leumi, Israel's second-largest lender, in Tel Aviv, Israel(photo credit: NIR ELIAS / REUTERS)ByYEHUDA SHARONI/MAARIV