What does the legal department of a bank do?

Contract management, litigation and arbitration, intellectual property rights.

1. Contract management: The Legal Department of the Bank is responsible for the formulation of standard contracts, the management of contract database and the review of non-standard contracts.

2. Litigation arbitration: handling disputes in the relationship between banks and customers, including contract disputes and financial fraud, and assisting banks in formulating and implementing litigation arbitration strategies.

3. Intellectual property rights: responsible for protecting the intellectual property rights owned by banks, including trademarks, patents and copyrights, from being infringed by others.