Italian retail banking is in a sorry state.

意大利的零售银行处于一种悲惨的境地。

In AMERICA retail banking is still a local business.

在美国，零售银行依然是本地业务。

The quarter also points to worrying trends in retail banking.

第一季度财报同时也揭示了零售银行令人担忧的发展趋势。

A focus on retail banking means it has suffered less than most.

专注于零售银行业务让该行蒙受的损失要小于大多数银行。

The restructuring of retail banking services was another success story.

零售银行业务的改组是另一个成功案例。