The corporate banker
>> Monday, April 20, 2009
Simply put, a retail banker deals with individuals and a corporate banker deals with corporates. He is also called a commercial banker or even a wholesale banker.
A corporate banker too plays a vital role in the markets. He is the guy who provides the much needed finance to the corporates to run their business. Apart from traditional financing, corporate banking today offers a whole bouquet of services to the corporates including trade, treasury and number of other fee based services.
Typically banks have internal classifications within corporate banking. This is often based on the turnover of the corporates. So one section of the corporate banking could deal with the smaller corporate or SMEs and the other section could deal with large corporates.
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