This is a term used for those banking institutions whose activities do not cover the business of issuing and trading in international bonds and equities, offering advice to corporations on acquisitions, mergers and new issues and looking after funds of pension funds and investment and unit trusts.

Fundamentally these large commercial banks offer a full range of banking services, will finance trade and industry, lend money, undertake foreign exchange transactions, give financial advice, including interest bearing accounts, current accounts, cheque cards.

Hiring Companies
Barclays, Lloyds TSB, National Westminster, Bank of Scotland and Abbey.

Employment Opportunities
In recent years many of the Retail Banks are now involving themselves more and more with Investment Banking activities, which are making careers within Retail Banking an increasingly attractive option.