Financial services in the United States information
Main article: Financial services
This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Financial services in the United States" – news · newspapers · books · scholar · JSTOR(May 2018) (Learn how and when to remove this message)
This article possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original research should be removed.(May 2018) (Learn how and when to remove this message)
(Learn how and when to remove this message)
Overview of financial services in the United States
This article is part of a series on the
Economy of the United States
Economic history
Agricultural history
Banking history
Petroleum history
Shipbuilding
Industrial Revolution in the United States
History of the United States dollar
Lumber history
Tariff History
United States dollar § History
History by state
Sectors
Primary sector
Agriculture
Energy
Petroleum
Electricity
Mining
Fishing
Forestry
Water and sanitation
Secondary sector
Automotive
Iron and steel
Pulp and paper
Tertiary sector
Social programs
Transportation
Tourism
Education
Gambling
Healthcare
Insurance
Financial services
Central bank
Banking
Largest banks
Stock exchanges
Largest companies
Companies listed on the NYSE
Economy by state
California
Texas
New York
Florida
more...
State statistics
State budgets
State credit ratings
State unemployment rate
Union membership
Economy by city or county
Allentown
Atlanta
Buffalo
Chicago
Cleveland
Columbus
Detroit
Door County
Erie
Houston
Indianapolis
Kansas City
Lexington
Long Island
Louisville
Memphis
New York City
Norfolk
Omaha
Philadelphia
Phoenix
Pittsburgh
Salt Lake City
San Diego
Spokane
St. Louis
Stamford
Youngstown
Washington, D.C.
Labor
Labor Law
Child labor
Labor unions
Minimum wage
Right-to-work law
Employment
Unemployment (Causes)
United States portal
v
t
e
As of 2004[update]financial services in the United States represented 20% of the market capitalization of the S&P 500 in the United States.[citation needed]
The U.S. finance industry comprised only 10% of total non-farm business profits in 1947, but it grew to 50% by 2010. Over the same period, finance industry income as a proportion of GDP rose from 2.5% to 7.5%, and the finance industry's proportion of all corporate income rose from 10% to 20%. In 2018 the share of GDP was 7.4% the equivalent of $1.5 trillion in value-added to the economy. The mean earnings per employee hour in finance relative to all other sectors has closely mirrored the share of total U.S. income earned by the top 1% income earners since 1930. The mean salary in New York City's finance industry rose from $80,000 in 1981 to $360,000 in 2011, while average New York City salaries rose from $40,000 to $70,000. In 1988, there were about 12,500 U.S. banks with less than $300 million in deposits, and about 900 with more deposits, but by 2012, there were only 4,200 banks with less than $300 million in deposits in the U.S., and over 1,801 with more.
The financial services industry constitutes the largest group of companies in the world in terms of earnings and equity market capitalization. However it is not the largest category in terms of revenue or number of employees. It is also a slow growing and extremely fragmented industry, with the largest company (Citigroup), only having a 3% US market share.[1] In contrast, the largest home improvement store in the US, Home Depot, has a 30% market share, and the largest coffee house Starbucks has a market share of 32%.
^The Opportunity: Small Global Market Share Archived 2009-03-04 at the Wayback Machine, Page 11, from the Sanford C. Bernstein & Co. Strategic Decisions Conference – 6/02/04.
and 28 Related for: Financial services in the United States information
2004[update] financialservicesintheUnitedStates represented 20% of the market capitalization of the S&P 500 intheUnitedStates.[citation needed] The U.S...
Alternative financialservicesintheUnitedStates refers to a particular type of financialservice, namely subprime or near-prime lending (that is, lending...
TheUnitedStates House Committee on FinancialServices, also referred to as the House Banking Committee and previously known as the Committee on Banking...
The business known as Toyota FinancialServices covers more than 30 countries and regions, including Japan. Financialservices operations are coordinated...
The PNC FinancialServices Group, Inc. is an American bank holding company and financialservices corporation based in Pittsburgh, Pennsylvania. Its banking...
Financialservices are economic services tied to finance provided by financial institutions. Financialservices encompass a broad range of service sector...
and services. At its height, it was one of the largest providers of financialservicesintheUnitedStates, operating financial centers in 21 states and...
The following is a list of the world's largest publicly traded financialservices companies, ordered by annual sales for the latest Fiscal Year in millions...
thefinancial and critical infrastructure of theUnitedStates. The Secret Service is tasked with ensuring the safety of the President of theUnited States...
Discover FinancialServices is an American financialservices company that owns and operates Discover Bank, an online bank that offers checking and savings...
Thefinancial position of theUnitedStates includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce...
and services including: Global Legal Information Network (GLIN) Congressional Research Service (CRS) UnitedStates Copyright Office (USCO) and the Copyright...
Siemens FinancialServices (SFS) is a division of the German Siemens company that offers international financing inthe business-to-business area. The company’s...
Country Financial (capitalized trademark COUNTRY Financial) is a group of US insurance and financialservices companies with customers in 19 states. The group...
Customers include the unbanked. Alternative financialservicesintheUnitedStates, for example via payday loans, are more extensive than in some other countries...
TheUnitedStates secretary of health and human services is the head of theUnitedStates Department of Health and Human Services, and serves as the principal...
Synchrony Financial is an American consumer financialservices company with its headquarters in Stamford, Connecticut, UnitedStates. The company offers...
Financial privacy laws regulate the manner in which financial institutions handle the nonpublic financial information of consumers. IntheUnited States...
armed services are among the eight uniformed services of theUnitedStates. Each of the different military services is assigned a role and domain. The Army...
and is headquartered in downtown St. Louis, Missouri. Stifel offers securities-related financialservicesintheUnitedStates and Europe through several...
TheUnitedStates House FinancialServices Subcommittee on Financial Institutions and Monetary Policy is a subcommittee of the House Committee on Financial...
package delivery services, such as United Parcel Service, FedEx, and DHL. The first national postal agency inthe US, known as theUnitedStates Post Office...
foreclosure relief services, debt collectors, and other financial companies operating intheUnitedStates. Since its founding, the CFPB has used technology...
The Hartford FinancialServices Group, Inc., usually known as The Hartford, is a UnitedStates-based investment and insurance company. The Hartford is...
of the eight largest and most diversified financial institutions headquartered intheUnitedStates. TheFinancialServices Forum was established in 2000...
Global Information
