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)

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...

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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...

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Santander Aims to Double Business in US Investment Banking
Santander Aims to Double Business in US Investment Banking
November 09, 2023  |  Banking

Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States. Speaking Thursday (Nov. 9) at the Reuters NEXT conference in...

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Instant Approval Helps Banks Streamline the KYB Process
Instant Approval Helps Banks Streamline the KYB Process
October 04, 2023  |  Bank Regulation

Scott Steinberg, chief operating officer of Enigma Technologies, said there has been an evolution of know your business (KYB) practices — and there’s increased urgency...

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Dimon: JPMorgan Wants More VC and Startup Banking Clients
Dimon: JPMorgan Wants More VC and Startup Banking Clients
October 02, 2023  |  Banking

J.P. Morgan Chase reportedly wants to expand its startup and venture capital (VC) customer base. Speaking during a conference Monday (Oct. 2), CEO Jamie Dimon said the country’s...

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Santander Teams With Global Payments on Commercial Cards
Santander Teams With Global Payments on Commercial Cards
January 04, 2023  |  B2B Payments

Santander Bank said it’s working with Global Payments on a card offering for corporate clients. In a LinkedIn post on Wednesday (Jan. 4), Santander said that starting in...

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BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
September 12, 2022  |  Personnel

Bank of America has named Mike Joo as North American head of its global corporate and investment banking (GCIB) group, which is a new role,...

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PYMNTS Intelligence: How Cross-Border Payments Innovations Can Help Companies Compete on a Global Scale
PYMNTS Intelligence: How Cross-Border Payments Innovations Can Help Companies Compete on a Global Scale
July 14, 2022  |  Consumer Payments

As digital technology makes it easier for companies to launch new cross-border ventures, financial institutions (FIs) are feeling the pressure to offer their corporate clients...

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Study Shows Big Perception Reality Gap Between Bank’s Efforts to Reduce Corporate Cross-Border Payments Friction
Study Shows Big Perception Reality Gap Between Bank’s Efforts to Reduce Corporate Cross-Border Payments Friction
June 29, 2022  |  B2B Payments

Financial institutions (FIs) continue to modernize their business-to-business (B2B) payments ecosystem, addressing corporate clients’ need for streamlined payments and cash management while relieving their invoice...

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