Top 10 Financial Services Companies in the World

Here are some of the top 10 financial services companies in the world which you can always trust with the financial value and valuation of your business empire. This list of great financial companies can do more to making your enterprise run a consistent increase in revenue with a consciousness that help manage your company’s expenses.

Top 10 Financial Services Companies in the World

Several companies have striven very hard to keep the financial conditions of companies and production industries across the world in considerable check. Many of these are those we will be listing here to give your contemplation some shape and focus. Let us therefore take you through some of the top 10 financial services companies in the world.

Visa

Visa INC is a global payments technology company working to enable consumers, businesses, banks and governments to use digital currency. Highest number of Credit Cards in the world are from Visa company and second place is occupied by Master Card. Headquarters is in USA. The company’s annual net income is yearly increasing because of the company’s constant financial expansion.

Payments Volume processed by Visa in the year ending Sep-2021 was 10.4 Trillion USD and Visa processed 164.7 billion transactions in the year 2021 and Visa cards are used at 80 million merchant locations. Annual Revenues for year ending Sep-2021 was 24.1 Billion USD and Annual net income was 12.31 Billion USD and it has 21,500 employees.

JPMorgan Chase

JPMorgan Chase is one of the oldest financial institutions in the United States. As on 2021, JPMorgan has over 271,025 employees. Total Annual Revenues of JPMorgan Chase for period ending December 2021 was 121.64 Billions USD and annual net income was 46.50 Billions USD. JPMorgan Chase is a leading global financial services firm with assets of $2.6 trillion. It has its presence in over 100 markets with its headquarters is in USA.

The company’s market value as at January, 2022 is 494.000 Billion USD.

Mastercard

Mastercard is USA Based Technology solution provider to Financial Domain and Payment Transactions related to Credit Cards and Debit Cards. MasterCard is second biggest Credit Card Provider company post the Visa Company. As on Dec-2021, total number of MasterCard consumer credit cards across the world are 968 millions, consumer debit and prepaid cards are 1,509 millions and commercial debit and credit cards 111 millions.

MasterCard is second biggest credit card company in the world while the first biggest credit card company is VISA. However, the market financial value of 363.200 Billion USD. The company currently has its headquarters is in USA, with branches almost everywhere in the world.

Bank of America Corporation

Among the top 10 financial services companies in the world is the Bank of America Corporation and as at the early period of 2022, it has a total market value of 402.490 Billion USD. It is leading bank in USA and it generates through lending and investments. Headquarters is in America.

Bank of America have a long-term commitment to helping communities thrive and prosper—both economically and socially—with operations in more than 35 countries throughout Europe, the Middle East and Africa, Asia Pacific and the Americas. Bank of America has 4,600 retail financial branches and approximately 16,200 ATM’s as on 2020.

Wells Fargo & Company

Currently growing with 218.380 Billion USD in value, Wells Fargo & Company is USA based Multi-National Financial Sector Company. Wells Fargo is one of the largest banks in USA. Wells Fargo provides banking products and banking services related to Personal Banking, Small Business Banking related Services, Commercial Banking.

Headquarters is in USA. As on 2021, Wells Fargo & Company had 7,200 branches and 13,000 ATM’s.

PayPal

PayPal helps to Shop millions of your favorite online stores. No cash required. Providing Credit Card details to unknown merchants is risky. PayPal solved that problem. Using PayPal you can pay online to unknown merchants as well.

PayPal is a Trusted Solution by 361 Million Plus people to do Online Payments in Secured Way. PayPal active accounts increased to 361 million accounts as on Sep 2020. Total payment transactions done in PayPal in last one year as on Sep 2020 is 14,477 million transactions. But as at 2022, it owns a market value increase of 220.420 Billion USD.

China Merchants Bank

China Merchants Bank is Banking and Financial Services company with headquarters in Shenzhen, China. China Merchants Bank had more than 1,800 branches as on 2019. The company’s chairman is MIAO Jianmin, while the name of its CEO is Huiyu Tian. It is headquartered in China.

In recent times, it has a financial increase in its annual revenue and value as 199.860 Billion USD.

MORGAN STANLEY

MORGAN STANLEY is USA Based Financial Services and Investment Banking Services providing MNC. Headquarters is in USA. They help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. Headquarters is in USA. It grows with the total market value of 186.710 Billion USD.

ICBC

ICBC stands for Industrial and Commercial Bank of China and is multi-national bank based in China. ICBC has around 434,798 employees for year ending Dec-2021. Headquarters of ICBC is in Beijing, China. It is biggest bank in China. ICBC provides financial products and services to 8,098 thousand corporate customers and 650 million personal customers.

ICBC had 17,000 domestic branches and 82,191 ATM’s across 41 countries as on 2019.