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.
Read more about Financial Services: History of Financial Services, Banks, Foreign Exchange Services, Investment Services, Insurance, Other Financial Services, Market Share
Famous quotes containing the words financial and/or services:
“... aside from the financial aspect, [there] is more: the life of my work. I feel that is all I came into the world for, and have failed dismally if it is not a success.”
—Mary E. Wilkins Freeman (1852–1930)
“True love ennobles and dignifies the material labors of life; and homely services rendered for love’s sake have in them a poetry that is immortal.”
—Harriet Beecher Stowe (1811–1896)