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Bank Leumi New York losses. (Bank Leumi Trust Company of New York) (Banking)

ICEN

| August 30, 1991 | COPYRIGHT 1990 Israel Business Today. (Hide copyright information)Copyright

Bank Leumi New York Losses

Bank Leumi Trust Co. of New York ended the first half of 1991 with a loss of $24 million. The loss follows an injection of $30 million by the owners Bank Leumi; losses in 1990 totaled $29 million. Current losses are from financing transactions in the real …

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