Julius Weiss, of New Rochelle, has been elected chairman of the board of directors of Union Bank of Israel, Ltd., the fourth largest banking institution in Israel, with resources of nearly $40,000,000, it was announced here today.
Mr. Weiss, an attorney with offices in New York City, has just returned from one of his trips to Israel. During this visit Union Bank acquired the I. L. Feuchtwanger Bank in Israel. Mr. Weiss has been actively associated with investments in Israel since 1926, when he became counsel of the Palestine Economic Corporation, a post he still holds. Born in New York, Mr. Weiss served for many years as president of the Board of Education of New Rochelle.
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