Bank Leumi USA has appointed Mason C. Salit as the Head of U.S. Private Banking.
Mason will lead the private banking team through Bank Leumi USA’s personalized and client-focused approach to ensure that the financial objectives of clients are met through a variety of innovative products and services.
Mason has more than 25 years of experience in the global financial services industry. Prior to joining Bank Leumi USA, he served as the Wealth Market Leader at TD Wealth. Mason was the Head of International Private Banking at HSBC Private Bank in New York and also spent 17 years with Citigroup in various wealth management roles.
Mason received his undergraduate degree from the State University of New York at Binghamton and his MBA from New York University’s Stern School of Business.
Mason added, “Our focus is on holistic wealth management and success is achieved when we work with our clients as strategic partners. It is about providing the best solutions for our clients, which is why we serve families generation after generation.”
Bank Leumi USA, the largest subsidiary of the Leumi Group, has operated in the U.S. for more than fifty five years. It is an FDIC-insured, full-service commercial bank providing financial services to middle market firms and international businesses through offices in New York, California, Florida, Illinois and a representative office in Israel. Bank Leumi USA offers U.S. and international private banking services as well as a full range of securities and insurance products through its brokerage subsidiary, Leumi Investment Services Inc. (LISI). (LISI) is a FINRA and SIPC member, and investments purchased through LISI are not FDIC insured, have no bank guarantee, and may lose value.