Michael Maiorana

Michael has over 27 years of experience across all markets of Foreign Exchange, and helped Leumi’s clients in various issues related to their investments.You can talk to Michael about: How to assess your Foreign Exchange exposure Evaluate hedging strategies and products Understanding markets trends and their impact: G-20 currencies, products including FX Spot, NDFs, Outrights … Read more

John Madrigal

John has over 23 years experience in financial services, primarily in senior business management and strategy in Corporate and Commercial Banking.You can talk to John about: Fraud landscape and how to mitigate risk Automating invoice capture and vendor payments 3 ways AP automation can reduce your risk of payment fraud

SBA PPP Updated FAQ Employee Size Standard*

The Small Business Administration (SBA) updated its Frequently Asked Questions (FAQ) on Paycheck Protection Program (PPP) Loans regarding the employee size standard*  On May 5, 2020, the SBA issued a new guideline for PPP applicants. It was published as Question #44 in the Paycheck Protection Program Loans Frequently Asked Questions (FAQs). Question #44 provides further … Read more

Financial Planning for Small Businesses

Brian serves as Bank Leumi USA’s Planning and Insurance Manager and has over 14 years of experience with investment management, tax planning, estate planning, and retirement planning. Why financial planning becomes even more important for small businesses in a bear market How to build an investment portfolio specific to your business goals Human behavior and … Read more

Lender’s Perspective on Managing your Balance Sheet During a Crisis

Jeff Steigelman is Leumi’s Chicago Market President and manages the continued growth of the region’s business and the expansion of its commercial and industrial (C&I) loan and commercial real estate (CRE) practices. Jeff has more than 20 years of commercial banking experience in the Chicago area. He holds a B.A. from Webster University.

Global Economic Perspective From Israel: Where do we go from here?

Led by Gil Bufman, Bank Leumi Israel Chief Economist Gil has served as Bank Leumi Israel Chief Economist since 2001. Gil has a lifetime of experience in Economics, having held senior positions at Bank Leumi, Bank of Israel, as well as the Ministry of Finance in Israel. He holds a Ph.D. from Tel Aviv University.

Weekly reading list

Greetings, Welcome to the latest edition of Leumi’s Weekly Reading List. I hope that you and your loved ones are healthy and out of harm’s way. “Sell in May and go away” is an old Wall Street adage advising clients to stay out of the market during the “summer” period of May through October. With … Read more

Weekly reading list

Welcome to another edition of Leumi’s Weekly Reading List.Another volatile week with headlines dominated by coronavirus and the impact on the economy, the stock and bond markets, US oil futures, and unemployment claims. And as expected, the Fed provided more economic support with President Trump signing a $484 billion bill granting relief to small businesses … Read more