Bank Leumi, based in Israel, has merged its U.S. unit into Valley National Bank, at a price of about $1.2 billion. Bank Leumi will hold about 14% of the stock in Valley National, making the Israeli bank the largest non-controlling shareholder in the New Jersey-based Valley National. Valley National, which acquired USAmeriBank in 2018, has…
Bank Leumi merges into Valley National Bank
Valley National maintains 10 branches in Alabama
