Money has become the main driving force of modern society and money management services; have become an important sector for the maintenance of the economy. Several institutions have risen to the top of the ladder due to the ability to efficiently drive the global economy.
Many of these companies have found their way through difficult times (such as the recession) and managed to survive the financial turmoil. In addition, they managed to make huge profits; even during the time of crisis while the economy was crashing. Their competition has made them the leaders of the current world economy. Here is the list of the 10 best and largest financial companies in the world in 2019 in terms of their assets and monetary value.
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This company is a multinational financial services provider that is located in New York, United States. Its brand name is popular in almost every country in the world. This company was founded in 1869 and has continued to offer first class financial services in commercial banking, brokerage, funds, insurance, etc. Goldman Sachs is primarily an investment management and investment company. It has around 40,000 people employed; and its total value of assets is $ 860 billion. These large numbers are the reason why this company is listed as the largest financial company in the world.
The best companies like these open the way to the global economy. These companies are often changing the tables of the economy and providing excellent services in the sector. Many have benefited from their expert services and have flourished financially. One can blindly choose any of these financial companies with respect to any advice or business assistance.
Credit Suisse is the second largest financial company in the world and is located in Zurich, Switzerland. This company was founded in 1856 and since its foundation has continued to provide quality services. This Swiss multinational offers a variety of financial services that include investment banking, private banking and asset management. The banner of this company covers 50 countries around the world with more than 250 branches located in prominent cities of these countries. The total value of the assets of this company amounts to almost $ 820 billion.
The National Federal Mortgage Association, also known as Fannie Mae, is a government-sponsored company located in Washington DC, United States. This company was founded in 1938 and became a publicly traded company in 1968. The main objective of this company is to expand the mortgage market through securities and lender increases. They also offer advice on investment and asset management. The total value of the assets of this company amounts to almost $ 3.3 billion and generates an income of approximately $ 26 billion. This great statistic is enough testimony of its place in the leaderboard.
Standard Chartered Bank
This is a very large finance company based in London, United Kingdom. It is a worldwide banking institution whose main marketing is carried out in the subcontinent of the Middle East and Africa. The roof of the company covers almost 70 countries around the world. It is a huge conglomerate with more than 80,000 employees. It offers several financial services such as consumer and corporate services and treasury services. The total value of the assets of this company amounts to $ 650 billion and generates an annual income of $ 14 billion. Therefore, this is one of the largest financial companies in the world.
This is multinational financial services company (American) located in Manhattan, United States. Citigroup is listed as one of the four largest banking and financial companies in the United States. This company offers a variety of services including private banking, investment banking, financial analysis and administration; With more than 200,000 people employed, this company generates an annual income of approximately $ 70 billion. The total value of this company’s assets amounts to almost $ 1.8 Trillion and, due to these huge numbers, Citigroup is considered one of the largest financial companies in the world.
JP Morgan Chase and Co.
JP Morgan Chase and Co. is the largest financial company in the world and is headquartered in New York, United States. They provide a variety of financial services such as commercial banking, loans, insurance, wealth management and credit card services. As a result of its quality services, its profit scales vary in a range of billions of dollars and can finance several international commercial industries. They are especially famous for their off-shore banking and stock market financing. With more than 250,000 employees and an asset value of $ 2.5 billion, this company has become one of the largest financial companies in the world.
It is one of the largest specialized companies in the financial sector. It runs services such as insurance, banking, sales and other finances. This company operates with its headquarters in Omaha, Nebraska, United States. With its total assets value measured at $ 622 billion, it has become one of the leading financial and holding companies in the world.
Blackstone is a global American company that was founded in 1985 and has risen to the top in a short time. The main services of this company are the alternative investment strategy and asset management. They also specialize in real estate, private equity and investments. Its total value of assets is measured up to $ 31.5 billion and, therefore, is one of the leading financial companies.
It is one of the Biggest financial institutions On the Earth. This company is located in Spain and is considered the largest in Europe. It was founded in 1857 and came to the global magazine Forbes on its list of the best companies due to its victorious reign. With its total assets measured at $ 1.3 billion, the company has earned its place in the leaderboard.
It is the largest financial company On the Earth and is located Or based in Paris, France. Its flag extends to several countries in the world, including the United States, Italy, the United Kingdom, Belgium, etc. The company is able to offer financial services such as corporate and commercial banking, loans, investment banking and asset management. The annual income generated amounts to almost $ 65 billion. Its total value of assets is measured at $ 2 trillion and employs almost 200,000 people. With so many numbers, he has definitely won his place in the list.
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