Wholesale Banking


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Wholesale Banking

Banking services offered to institutional investors, businesses (especially large businesses), other banks, and investment vehicles such as mutual funds or pensions. Wholesale banking usually conducts transactions worth large amounts of money, and wholesale clients can be prioritized more highly than individual customers. It compares with retail banking, which specializes in individual clients.
References in periodicals archive ?
Rabobank Australia and New Zealand has announced that it has hired a wholesale banking executive.
Standard Chartered has appointed Alex Manson as Group Head, Wholesale Banking Geographies.
The rating agency recognises that wholesale banking, which also includes investment banks, carries more risk, but that bank failures can be isolated because wholesale banks do not form part of the domestic payments system.
Legacy payment systems are still highly prevalent across the banking industry and the need to get rid of these platforms is proving to be the impetus and driver behind change and the need for more innovative solutions in this wholesale banking and payments marketplace.
At the same time, the bank added that it was recruiting more at its wholesale banking unit.
Eligible ADCB wholesale banking clients will now have the option to diversify and preserve their resources with full flexibility and control.
Abu Dhabi Islamic Bank (ADIB) has announced the appointment of Arif Usmani to the post of Global Head of ADIB s Wholesale Banking business.
Profitability is expected to be adequate this year for Bahrain's retail and wholesale banking sectors, a top ratings agency said.
SunGard's System Access provides universal banking solutions that help banks deliver a broad range of banking products and services for retail and wholesale banking.
UAE-based Emirates NBD said that its Wholesale Banking Division has been awarded 'UAE Domestic Cash Management Bank of the Year' at the fourth annual Asian Banking and Finance Awards for Wholesale Banking.
Standard Chartered announced today the appointment of Ahmed Muallah as Managing Director and Head of its Wholesale Banking business in Iraq.
The business environment for wholesale banking is particularly attractive, given the economic boom taking place in the Middle East region and India,' he said.