corporate banking

Corporate banking, also known as business banking, refers to the aspect of banking that deals with corporate customers. The term was originally used in the United States to distinguish it from investment banking after the Glass-Steagall Act of 1933 separated the two activities.

Source: investopedia.com

Regions Bank Taps Axway to Provide Open Banking Services
Regions Bank Taps Axway to Provide Open Banking Services
January 06, 2025  |  Banking

Regions Bank says it has launched a partnership with data integration firm Axway. The collaboration, announced Monday (Jan. 6), will see Regions offer Axway’s Amplify Open Banking solution...

READ MORE >
UBS Debuts Blockchain-Based Payments Tool Digital Cash
UBS Debuts Blockchain-Based Payments Tool Digital Cash
November 07, 2024  |  Blockchain

Switzerland-based bank UBS has created and piloted UBS Digital Cash, a blockchain-based payment solution. The new offering is designed to allow for the programmability of money movements...

READ MORE >
Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
October 23, 2024  |  Earnings

Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory...

READ MORE >
As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
October 15, 2024  |  Earnings

As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management...

READ MORE >
Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
Beyond Big Names: How Community Banks and Credit Unions Can Attract Corporate Clients
September 23, 2024  |  Banking

The Federal Deposit Insurance Corp.’s latest data on deposits shows just how bifurcated the banking industry is, in terms of the largest players, home to...

READ MORE >
JPMorgan Chase Expects Blockchain Services to Boost Swiss Market Share
JPMorgan Chase Expects Blockchain Services to Boost Swiss Market Share
September 11, 2024  |  Blockchain

JPMorgan Chase reportedly aims to use its blockchain services to boost its corporate banking market share in Switzerland. The bank’s blockchain services are already being...

READ MORE >
Bank of America: CashPro App Payment Approvals Volume Up 40%
Bank of America: CashPro App Payment Approvals Volume Up 40%
July 25, 2024  |  B2B Payments

Bank of America said Thursday (July 25) that the volume of corporate payment approvals completed via its mobile app for corporate and commercial banking, CashPro...

READ MORE >
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
March 18, 2024  |  Banking

Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and...

READ MORE >
JPMorgan Forms Expanded Commercial & Investment Bank, Makes Management Changes
JPMorgan Forms Expanded Commercial & Investment Bank, Makes Management Changes
January 26, 2024  |  Personnel

JPMorgan Chase has made several changes to its leadership and organizational structure as it works to “position the firm for the future.” “The senior management...

READ MORE >