Retail banking is banking in which banking institutions execute transactions directly with consumers, rather than corporations or other banks. Services offered include: savings and transactional accounts, mortgages, personal loans, debit cards, credit cards, and so forth.

• Commercial bank has two meanings:
  • Commercial bank is the term used for a normal bank to distinguish it from an investment bank. (After the great depression, the U.S. Congress required that banks only engage in banking activities, whereas investment banks were limited to capital markets activities. This separation is no longer mandatory.)
  • Commercial bank can also refer to a bank or a division of a bank that mostly deals with deposits and loans from corporations or large businesses, as opposed to normal individual members of the public (retail banking). It is the most successful department of banking.
• Community development bank are regulated banks that provide financial services and credit to underserved markets or populations.
• Private Banks manage the assets of high net worth individuals.
  • Offshore banks are banks located in jurisdictions with low taxation and regulation. Many offshore banks are essentially private banks.
• Savings banks accept savings deposits.
  • Postal savings banks are savings banks associated with national postal systems.

Retail Banking services are also termed as Personal Banking services

See also[link]

• Banking institution
• Bank

References[link]

External links[link]

• EFMA Research Report Sep 2009: Innovation in Retail Banking: Best Practices and Insights
• Retail Banking Through A 9 Pronged Approach

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Mark Edward Mullen (b.1961) is an Emmy Award-winning TV journalist and the anchorman for NBC affiliate KNSD-TV in San Diego. He joined the station in June, 2010 from ABC News, where he served as a Los Angeles-based correspondent. Prior to ABC, he was Chief Asia Correspondent for NBC News,^[1] regularly reporting news on notable Chinese and East Asian current events and contributing in-depth stories about China's changing culture, economy and political system. Mullen also has visited war zones to deliver stories from Iraq. He's covered stories from Europe and from across the U.S., including the aftermath of 9/11 and Hurricane Katrina. He's also drawn on his experience as a pilot to report on major plane crashes.^{[citation needed]}

Mullen attended Loyola University in New Orleans from 1981 to 1987, where he majored in journalism and Spanish. His first job was as an anchor and reporter for WLOX-TV in Mississippi.^[2] the regional ABC affiliate covering the Gulf Coast.^[3]

Mullen moved to KDFW in Dallas in 1989, and KRON in San Francisco in 1991. In 1997, he was made anchor of the national ABC overnight newscast World News Now.^[4] He then returned to local news, with stints in Seattle and a return to KRON before joining NBC News as a national correspondent in 2003.^[5]

In late 2006 Mullen assumed a post in Beijing as NBC's first full-time correspondent in China since Ned Colt left in 2004. The new role was part of NBC's expansion of its bureau there,^[6] which was tied to the network's effort to increase visibility of China in anticipation of irs broadcast of the 2008 Olympic Games. In Beijing, Mullen produced a number of notable stories, including a weeklong series on the "NBC Nightly News" called "China Rising" which examined a multi-faceted, changing China in the context of the October 2007 Communist Party Congress.^[7] Mullen also contributed to the year-long series of Olympic countdown broadcasts for NBC's "Today" and "Nightly News."^[8] His August 8 live stand-up from Tiananmen Square was the first live broadcast from the square since the Chinese government crackdown on student demonstrators in 1989.

Mullen has won numerous national and regional awards for his work. He is married to San Francisco native Jamie Flanagan with whom they have two children.

On an airing of the 11 o'clock news on May 24, 2011 he was quoted as saying that some of the information on this page was "nothing bad, but incorrect."

References[link]