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Financial services are economic services tied to finance provided by financial institutions. Financial services encompass a broad range of service sector activities, especially as concerns financial management and consumer finance.
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included).
RankCompanyIndustryRevenue (usd Millions)1Conglomerate245,5102Insurance191,5093Banking182,7944Banking172,000Finance refers to monetary resources and to the study and discipline of money, currency and capital assets. [a] As a subject of study, it is related to but distinct from economics, which is the study of the production, distribution, and consumption of goods and services.
Jan 9, 2024 · Learn what the financial services sector is, why it is important, and what activities and products it includes. Explore the different segments of banking, investment, and insurance services and how they operate in the economy.
May 28, 2024 · Consumers and businesses use financial services to acquire financial goods and achieve financial goals. The financial services sector is a primary driver of a nation’s economy.
Learn how financial services involve the process of acquiring financial goods such as loans and insurance, and how they intermediary money and risk in the economy. Explore the types, functions, and costs of financial services, and the role of regulation in ensuring their stability and efficiency.
Mar 3, 2024 · Learn about the types of companies in the financial services sector, such as banks, insurance firms, and fintech companies. See profiles of major names like Berkshire Hathaway, American Express, Wells Fargo, and Charles Schwab.
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