Retail banking

About

Thing
Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.
Retail banking
Definition
Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.
Retail banking
Retail banking
Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.

Mentions

All the same, Drummond's CV has some notable gaps, particularly when it comes to his lack of experience in business or retail banking. "He's got the smarts," one leading chairman notes. "But he's not a grassroots commercial banker."

Mr Baird, who runs NAB's consumer banking business, had been seen as one of a group of potential candidates to replace Mr Thorburn. Among other possible contenders are NAB executives Anthony Healy and Angela Mentis, Medibank chief Craig Drummond, and former Royal Bank of Scotland chief Ross McEwan.

See also

See also: