Wholesale Bank

Wholesale Bank

A bank that offers services to institutional investors, businesses (especially large businesses), other banks, and investment vehicles such as mutual funds or pensions. Wholesale banks usually conduct transactions worth large amounts of money, and wholesale clients can be prioritized above individual customers. This contrasts with retail banking, which specializes in individual clients.
References in periodicals archive ?
Previously, he managed the Capital Markets group and the workout-related groups within the Wholesale Bank, as well as various functions relating to the overall credit quality of the bank s portfolio.
2 private financial institution in the country, has finished its merger with Brazil's BBA Creditanstalt, creating the largest wholesale bank in the country.
Write-offs from the wholesale bank were just pounds 34m a year earlier as Abbey's pre-tax profits fell to pounds 1.
It has said it will upgrade all offshore banks to wholesale bank status over time, but plans to grant some 20 wholesale banking licenses over the next two years.
18) Deutsche Bank proposes to continue to operate Bankers Trust as a wholesale bank and to maintain the CRA policies of Bankers Trust.
The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
Carlos will play a key role as we expand the Wholesale Bank into new markets including the West.
In last year's figures, the wholesale bank unit's exposure to collapsed energy firm Enron was among reasons for pounds 256m worth of write-offs.
Transaction banking, the heart of the wholesale bank, has had an excellent first half, with 19 per cent income growth: trade, income was up 25 per cent and cash management income saw strong growth of 13 per cent year on year underpinned both by growth in average balances and an improvement in margins.
A Congressionally chartered, wholesale bank, the Federal Home Loan Bank of New York is part of the Federal Home Loan Bank System, a national wholesale banking network of 12 regional, stockholder-owned banks.
With the new wholesale banking license, EFG expects to commence operations as a wholesale bank in March 2014.
A Congressionally chartered wholesale bank, the Federal Home Loan Bank of New York is part of the Federal Home Loan Bank System, a national wholesale banking network of 12 regional, stockholder-owned banks.