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Retail banking is what happens when you deposit money at your local bank branch, it deals with high-volume, low-value transactions. Investment (or wholesale) banking deals with businesses. Loans are typically > £500,000 and deposits are >£250,000. Basically businesses are the customers instead of individuals. I just studies this in great detail at Uni, so if you need any more detail I'd be happy to tell you!

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16y ago

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