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

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...

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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. Get the Full Story Complete the form...

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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.” Get the Full...

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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. Get the Full Story Complete the form to unlock...

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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. Get the Full Story Complete the form to unlock this article...

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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. Get the Full Story Complete the form to unlock this...

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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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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