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Retail banking is a type of banking that provides services to individuals, rather than to businesses or other organizations. It includes a wide range of financial services, such as savings and checking accounts, mortgages, personal loans, credit cards, and investments. Retail banking is typically provided by banks, credit unions, and other financial institutions.
Retail banking is focused on providing services to individuals, such as helping them manage their finances, providing access to credit, and helping them save for the future. Banks also provide services such as online banking, mobile banking, and ATM services.
Some of the major companies in the retail banking market include Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, U.S. Bank, PNC Financial Services, TD Bank, Capital One, HSBC, and Barclays. Show Less Read more