Which of the following banks is considered a Wholesale Bank?

The correct identification of Barclays Corporate as a wholesale bank is rooted in the primary functions and clientele that distinguish wholesale banking from retail banking. Wholesale banks typically engage in financial services that cater to large organizations, corporations, and governments, rather than individual consumers.

Barclays Corporate specializes in providing financial services including lending, treasury management, and capital financing to businesses. It focuses on large-scale transactions and financial solutions aimed at corporate clients, which is characteristic of wholesale banking operations. This contrasts with institutions primarily offering services to the general public, such as personal banking accounts, mortgages, and consumer loans, which are more aligned with retail banking practices.

This distinction is important, as it highlights the different roles within the banking ecosystem, where wholesale banks facilitate important financial transactions and services at a larger scale, supporting overall economic activity for businesses and large clients.