Question

explain the various segments of banking​

Answer 1

Answer:

The three main business segments for a bank are retail banking, wholesale banking, and wealth management. Retail banking or personal banking involves deposits, mortgages, loans, and credit cards. Wholesale banking is related to sales and trading and mergers and acquisitions.

Answer 2

Explain the various segments of banking

• The three main business segments for a bank are retail banking, wholesale banking, and wealth management.

• Retail banking or personal banking involves deposits, mortgages, loans, and credit cards.

• Wholesale banking is related to sales and trading and mergers and acquisitions.

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