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Leading global wholesale banks, on average, develop a new product every week.
It isn't clear how many of those redundancies will fall on the wholesale bank.
Some writedowns will turn up beyond the big wholesale banks, of course.
Barclays is planning to reduce the size of its wholesale bank.
“The general direction we are taking now is for the creation of a global wholesale bank,” he says.
Abbey National is in the process of revamping its wholesale bank.
That is a pure wholesale bank through which we would get no retail access whatsoever,' he said.
The wholesale banks will reflect the fact that Q4 was an extraordinarily difficult environment, but that's not new news.
Instead, it's a wholesale bank with delays and a lack of certainty over the impact it will have.
We recognized awhile ago that as a wholesale bank we'd have to look at community support in a different way."
As a wholesale bank, it would not make small loans to individuals, at least at first.
Several of the country's state-sector regional wholesale banks have also been hit.
That is likely to hurt its wholesale bank arm and prompt rising bad debts.
"This was a tough quarter for our wholesale bank.
"Our objective is to create one industry-leading wholesale bank for the group.
So should the freeze in wholesale bank funding markets.
These act as wholesale banks for the public savings banks in their region.
It’s going to leave all European wholesale banks with less pressure to clean up short-term liquidity, though.
The risks to sovereign creditworthiness from wholesale banks remain low.
The administration still hopes to avoid wholesale bank nationalisations.
By now, we should all know that Q1 results, particularly for wholesale banks, will be OK.
With wholesale bank borrowing getting more expensive the battle for savings deposits has intensified.
Lloyds has now written off £26.1bn of bad debts in the wholesale bank in the past two years.
The Landesbanken are wholesale banks with roots in the business of supporting regional companies and economies.
Canadian wholesale banks still dominate in the domestic equity market where they bring their expertise to bear at the company, industry, and country levels.