eBook | Foreign Asset Reporting: Navigating the Choppy Financial Seas.

Bank Leumi’s Problems Growing Worse By The Day

Did Bank Leumi Le-Israel (LUMI) help Americans evade taxes? According to Benjamin Lawsky, head of New York’s Department of Financial Services, it did. New York’s banking regulator is asking for more than $300 million to settle an investigation. Bank Leumi’s breach of New York’s banking laws is eerily reminiscent of an earlier brush that the […]