World Top Financial Services Companies List by Market Cap as on Jan 1st, 2020
- BERKSHIRE HATHAWAY. World Rank (Jan-01-2021) …
- J P MORGAN CHASE & CO. World Rank (Jan-01-2021) …
- VISA. World Rank (Jan-01-2021) …
- BANK OF AMERICA CORPORATION. …
- MASTERCARD. …
- ICBC. …
- WELLS FARGO & COMPANY. …
- PING AN INSURANCE (GROUP) COMPANY OF CHINA.
Consequently, what are the largest financial services companies in the US?
Rankings by Total Assets
| Rank | Profile | Type |
|---|---|---|
| 1. | JPMorgan Chase & Co | Financial Holding Company |
| 2. | Mitsubishi UFJ Trust and Banking Corporation | Financial Holding Company |
| 3. | Bank of America | Financial Holding Company |
| 4. | HSBC Holdings | Financial Holding Company |
- JPMorgan Chase & Co. 270 Park Ave. …
- Wells Fargo & Company. 420 Montgomery Street. …
- Capital One Financial. 1680 Capital One Drive. …
- Nationwide Mutual Insurance. 1 Nationwide Plaza. …
- Farmers Insurance Group. 4680 Wilshire Blvd. …
- TD Bank N.A. 357 North Kings Highway. …
- Bank of America. …
- Discover Financial Services Inc.
Secondly, what are the 9 major financial institutions?
The major categories of financial institutions include central banks, retail and commercial banks, internet banks, credit unions, savings, and loans associations, investment banks, investment companies, brokerage firms, insurance companies, and mortgage companies.
What are the top 5 financial institutions?
The Top 10 Banks in America
- JPMorgan-Chase. At the top of the list, JPMorgan-Chase holds almost $2.4 trillion in worldwide assets. …
- Bank of America. With $1.8 trillion in consolidated assets, Bank of America is second on the list. …
- Wells Fargo. …
- Citibank/Citigroup. …
- U.S. Bank/U.S. Bancorp. …
- PNC. …
- Capital One. …
- TD Bank.
Which financial company is the best to work for?
7 of the best finance companies
- Defense Finance and Accounting Service.
- Discover Financial Services.
- Obsidian Financial Services.
- Colorado Housing and Finance Authority.
- Ironwood Finance.
- J.D. Mellberg Financial.
- Modern District Financial.
How big is financial industry?
The global financial services market is expected to grow from $20,490.46 billion in 2020 to $22,515.17 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%.
What is the world’s largest banking and financial services group?
As of 2020, Berkshire Hathaway is the largest financial services company by revenue in the world, with a revenue of USD 247.5 billion last fiscal year.
What are the top investment companies in the United States?
Largest companies
| Rank | Firm/company | Country |
|---|---|---|
| 1 | BlackRock | United States |
| 2 | Vanguard | United States |
| 3 | Fidelity | United States |
| 4 | State Street | United States |
What are some examples of financial services?
Financial Services Institutions
- Commercial Banks (Banking)
- Investment Banks (Wealth management)
- Insurance Companies (Insurance)
- Brokerage Firms (Advisory)
- Planning Firms (Wealth management, Advisory)
- CPA Firms (Wealth management, Advisory)
What are the 2 types of financial institutions?
Banks, Thrifts, and Credit Unions – What’s the Difference?
- Commercial Banks. Commercial banks are generally stock corporations whose principal obligation is to make a profit for their shareholders. …
- Savings and Loans/Savings Banks. …
- Credit Unions.
What are the 7 functions of financial institutions?
Terms in this set (12)
- seven functions of the global financial system. savings, wealth, liquidity, risk ,credit, payment, policy.
- savings function. …
- wealth. …
- net worth. …
- financial wealth. …
- net financial wealth. …
- wealth holdings. …
- liquidity.