What is corporate banking?

Corporate, or business, banking deals with corporate and other business customers of varying sizes. Among a range of services, this type of bank lends to enable businesses to grow and hire people, contributing to the expansion of the economy.

What does a corporate banking team do?

Corporate banking teams provide financial services like cash management, payment processing, credit products, and hedging strategies to large corporations. Most of these corporations are publicly traded.

What is the difference between retail banking and corporate banking?

Corporate banking, on the other hand, works directly with businesses of various sizes to provide them loans, credit, savings accounts, and checking accounts that are specifically designed for companies rather than for individuals. Retail banking is the division of a bank that deals directly with individual, non-business customers.