What are financial services?

Financial Services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of organizations that manage money, including credit unions, banks, credit card companies, insurance companies, consumer finance companies, stock brokerages, investment funds and some government sponsored enterprises. As of 2004, the financial services industry represented 20% of the market capitalization of the S&P 500 in the United States.

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Famous quotes containing the words financial and/or services:

    For the merchant, even honesty is a financial speculation.
    Charles Baudelaire (1821–1867)

    O, the difference of man and man!
    To thee a woman’s services are due.
    William Shakespeare (1564–1616)