en     ru     jp
 
 
private banking
private banking
private banking
private banking
private banking
private banking
private banking
     
 
Home
      
Knowledge Base
      
Financial Glossary
      
Wholesale Banking
       
 
Back

Wholesale Banking

 Search definitions     
  Search  

Wholesale Banking
Banking services between merchant banks and other financial institutions.  In other words, business to business banking.

Sometimes wholesale banking is the provision of services by banks to other financial institutions. Usually, however, wholesale banking also includes banking services offered to corporations and other large institutions, financial or otherwise. In this sense, wholesale banking comprises Cash management services, foreign Exchange, business-to-business payments, Trust services, custodial services, commercial lending, and trade finance. Wholesale banking compares with Retail banking, which is the provision of banking services to individuals. Large financial institutions, such as Citigroup, commonly engage in both wholesale banking and Retail banking. Wholesale banking in the US has traditionally excluded investment banking services such as stock offerings. However, the unraveling of Glass-Steagall restrictions, and the consequent mergers of commercial and investment banks, have made the line between wholesale banking and investment banking less finely drawn.
Posted by  Privatebanking.com
 
  Back  
  Print  
  Email  

 

private banking
Get Adobe Flash Player to view the media
FlashPlayer required to view the media
private banking
private banking
private banking
private banking
private banking

 
Home News Library Newsletters Event Calendar Advertise About Contact FAQ
Privacy Policy     Terms of Service
 

©