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20 - ORGANIZATIONS/PRIVATE/Bank Leumi.md
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@ -3,6 +3,8 @@ tags:
- Organization
- Finance
- Israel
category: "Private Organization"
summary: "Bank Leumi is an Israeli state bank. After his retirement in 1973, Walworth Barbour, the former American ambassador to Israel, agreed to become a board member of its American branch."
---
Bank Leumi is an Israeli state bank. After his retirement in 1973, [[Walworth Barbour]], the former American ambassador to [[Israel]], agreed to become a board member of its American branch. This decision, while not illegal, was seen by many [[State Department]] officials as posing an obvious conflict of interest.[^1]