Meanings of centralize operations in English

The U.S. bank said it would close its London commodities and trading desk and centralize operations in New York.

The Company originates and services personal loans (secured and unsecured) through two business divisions: branch operations and centralized operations.

In an interview with Reuters, Oglesby said Asbury's restructuring that included centralizing operations and moving near Atlanta from New York is essentially completed.

Costs associated with compliance, business operations such as trade support and centralized operations such as know-your-customer checks, could fall by up to 50 percent.

Canadian Tire said it is looking to cut costs by centralizing operations such as marketing and sourcing for its multiple banners including Mark's and SportChek.