71.   The two takeover targets have maintained that overlap between the retail banking networks of BNP and Societe Generale would lead to branch closures and large-scale layoffs.

72.   This is a huge sum for a bank largely involved in retail banking, not capital markets.

73.   For example, Citibank focuses on international markets and retail banking in the United States while J.P. Morgan specializes in investment banking.

74.   The state-controlled Sberbank monopolises retail banking, with more than two-thirds of all individual deposits.

75.   It will create Mizuho Corporate Bank for corporate banking operations and Mizuho Bank for individual retail banking.

76.   Mutual funds in Russia have the advantage of entering a market where pension funds are relatively undeveloped and retail banking also has a long way to go.

77.   Our objective is not to get into retail banking.