Ad
related to: retail banking vs corporate banking
Search results
Results from the WOW.Com Content Network
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking).
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks .
The separation of investment and retail banking aims to protect the "utility" aspects of day-to-day banking from being endangered by losses sustained by higher-risk investment activities ("casino banking"). This can take the form of a two-tier structure in which a company is banned from doing both activities, or enforcing a legal ring-fence ...
Retail banking involves providing individuals and sometimes small businesses with financial services such as checking and savings accounts, credit cards, auto loans, mortgages, insurance and ...
Benefits of online and digital banking. Higher rates and lower fees. Online banks save a bundle without operating branch locations, and these savings translate into stronger annual percentage ...
retail banking, dealing directly with individuals and small businesses; business banking, providing services to mid-market business; corporate banking, directed at large business entities; private banking, providing wealth management services to high-net-worth individuals and families; investment banking, relating to activities on the financial ...
Conglomerates – A financial services company, such as a universal bank, that is active in more than one sector of the financial services market e.g. life insurance, general insurance, health insurance, asset management, retail banking, wholesale banking, investment banking, etc. A key rationale for the existence of such businesses is the ...
Keeping your savings in a bank down the street may seem like the obvious play, but there may be real downsides for doing so. Brick-and-mortar banks vs. online banks: Pros and cons Skip to main content
Ad
related to: retail banking vs corporate banking