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What is Understanding Wholesale Banking Services about?
Wholesale banking provides high value banking services to large corporations, financial institutions, and other banks, rather than individual consumers. It offers products like lending, foreign exchange, derivatives, deposits, and government securities. Wholesale banking contrasts with retail banking, which provides banking services to individuals and includes products like checking and savings accounts, credit and debit cards, mortgages, and personal loans. Modern wholesale banks engage in activities like
- Author
- Ashutosh Saraiya
- Language
- EN