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Financial services is a term used to refer to the services provided by the finance industry. Financial services is also the term used to describe organizations that deal with the management of money. Banks, investment banks, insurance companies, credit card companies and stock brokerages, are examples of the types of firms comprising the industry, which provides a variety of money and investment related services. Financial services is the largest industry (or industry category) in the world, in terms of earnings; as of 2004, the industry represents 20% of the market capitalization of the S&P 500.*

History of financial services


United States: Gramm-Leach-Bliley Act

The term financial services became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act of the late 1990s, which enabled different types of companies in the US financial services industry to merge. Critics of this act say the term financial services attempts to make the unison of these operations sound natural, ignoring the history of problems that have arisen from combining them, such as conflicts of interest and monopolization. Others, noting that many of the restrictions abolished by the Gramm-Leach-Bliley Act had never existed in other countries or had been abolished earlier than in the US, say the term financial services is a natural one, in long term use, which means nothing more than its constituent words.

In the USA almost every company now which previously described themselves as a bank, insurance company, or brokerage house, now describes themselves in some way as a financial services institution. Allstate Insurance, for example, now provides CDs and investment brokerage services. Bank of America offers full featured brokerage products, while E*TRADE has expanded into offering bank accounts and loans. Companies usually have two distinct approaches to this new type of business. One approach would be a bank which simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the US, e.g., in Japan, non-financial services companies are permitted within the holding company. In this scenario, each company still looks independent, and has its own customers, etc. This is essentially the style of Citigroup and JP Morgan Chase.

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RT @recruitjobs - TECH: JAVA/JSP DEVELOPER/DATABASE DEVE: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: .. http:..
brokerz_spx (Brokerz S&P 500 news) Sat, 07 Nov 2009 00:53:41 -0000
RT @recruitjobs - TECH: JAVA/JSP DEVELOPER/DATABASE DEVE: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: .. http:..
RT @recruitjobs - BALI: BANC OF AMERICA LEASING IRELAND: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: D.. http:..
brokerz_spx (Brokerz S&P 500 news) Sat, 07 Nov 2009 00:53:40 -0000
RT @recruitjobs - BALI: BANC OF AMERICA LEASING IRELAND: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: D.. http:..
Weekly Round-Up: Financial Services Friday: Authored by: Nathan WyethHere are stories that caught my eye this w.. http://bit.ly/Q0KmN
mikegechter_rss (@mikegechter's RSS) Sat, 07 Nov 2009 00:49:48 -0000
Weekly Round-Up: Financial Services Friday: Authored by: Nathan WyethHere are stories that caught my eye this w.. http://bit.ly/Q0KmN
TECH: JAVA/JSP DEVELOPER/DATABASE DEVE: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: .. http://short.ie/p25ckr
recruitjobs (Recruit Ireland) Sat, 07 Nov 2009 00:42:33 -0000
TECH: JAVA/JSP DEVELOPER/DATABASE DEVE: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: .. http://short.ie/p25ckr
AUDIT MANAGER - CAPITAL MARKETS: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: DUBLIN .. http://short.ie/43b0m9
recruitjobs (Recruit Ireland) Sat, 07 Nov 2009 00:42:32 -0000
AUDIT MANAGER - CAPITAL MARKETS: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: DUBLIN .. http://short.ie/43b0m9
BALI: BANC OF AMERICA LEASING IRELAND: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: D.. http://short.ie/qff7dp
recruitjobs (Recruit Ireland) Sat, 07 Nov 2009 00:42:30 -0000
BALI: BANC OF AMERICA LEASING IRELAND: MERRILL LYNCH FINANCIAL SERVICES LTD - Salary: Undisclosed - Location: D.. http://short.ie/qff7dp

 
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Co. - Provides professional audit service to companies, IPO assistance, corporate management, international services, and other consulting.

Co. - Supports clients with advisory services from auditing to preparation for initial public offerings, and business consulting.
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Aiful Corporation - Specializes in consumer credit, real estate, and providing small unsecured loans. With business activities, operating results, management strategies, and news.
Meta Description: [ ???????????????????????????????????????????????????????????????????????????????? ]

Analytica Japan - Provides financial research services on Japan. Includes online briefings, reports, papers, and databases.
Meta Description: [ Key data taken from primary sources -- Key opinions gathered face to face -- Key insights provided according to Analytica methodology ]

404 Asia Securities Printing Co.,Ltd. - Provides financial information, investor relations information, and IPO updates to customers from annual financial reports and public companies.

Business Associates Co., Ltd. - Offers tax, accounting, and consulting services, as well as IT networks, training, and support. Based in Minato-ku, Tokyo.
Meta Description: [ Plaza-i:a bilingual and multi-currency ERP package provided by Business Associates founded by four Japanese CPAs who are experts in computer, accounting and taxation. ]

404 Corporate Accounting System - Provides a framework and characteristics of the corporate accounting system in Japan.

Credit Saison Co., Ltd. - Provides corporate and financial information, shareholder information, and news.

Daiwa Institute of Research - Research and support into international and domestic economies, financial and capital markets.

DFK International - Provides services in accounting, taxation, and human resources.
Meta Description: [ 加藤事務所は会計のプロフェッショナル集団としての立場から、会計・財務戦略について質の高いサービスを提供し、企業の発展に努めます。 ]

HTM - American owned company in Japan providing outsourcing services to foreign subsidiaries such as accounting, payroll, tax, legal administration, and human resources.
Meta Description: [ Outsourced accounting, payroll, human resources, and general administration services integrated into your Japan subsidiary. ]

Internet Margin Foreign Exchange Trading - Offers 24 hour online leveraged FX trading platform, real time price feeds, interbank spreads,interactive charting, glossary, online and phone trading.

Japan Private Equity Co., Ltd. - An MA intermediary company that takes over management rights of target companies by MBO as well as a general partner of a MBO fund. Based in Tokyo.

JDB Network (USA) Japan Market Access - JDB Network (USA) brings US companies into Japan through distributor searches, entry strategy formulation and implementation, and translation.

Konomi, Inc. - Tokyo based international investment banking firm that has facilitated the flow of long term capital into and out of Japan.

KPMG Japan - Provider of consulting, tax, legal, and financial advisory services.
Meta Description: [ 会計、財務、税務、リスクマネジメント、環境マネジメント、アウトソーシングなどの幅広い分野において付加価値の高いコンサルティングサービスを提供しています。 ]

Letace - A futures commission merchant active in futures broking and trading, fund set-up, management, administration, and sales, import, export, and sales of commodities, and market information services.

Lloyds TSB Japan - GoLloyds is a quick, easy and inexpensive way to send funds from Japan to accounts overseas through the convenience of a bank ATM machine.
Meta Description: [ GoLloyds is a quick, easy and inexpensive way to send funds from Japan to accounts overseas through the convenience of a bank ATM machine. ]

Mizuho Securities - Financial Market Resources - Research and links to English language resources on the Japanese economy, finance, politics and law.
Meta Description: [ Research and links to English language resources on Japanese finance, economy, politics and law ]

Nagamine Accounting Office - Specializes in services for foreign corporate clients including tax accounting, advice, bookkeeping, adjustments for US GAAP accounting, payroll calculation, and social security management. Based in Choyoda-ku, Tokyo.

Nakamoto International Accounting Firm - Bilingual CPA for small and middle-scale business. Located in Tokyo and Osaka.
Meta Description: [ {ŗB̃CeBčEmIY]E{̐t@[ ]

Nikko Cordial Securities Inc. - Provides financial securities services, as well as investor relations information.

Nomura Holdings, Inc. - Financial group with worldwide operations, providing financial services including brokerage, trading, underwriting, advisory services, merchant banking, and development and management of investment trusts.

Ocasio Associates International - Provides current business information, consultation and other business related services to investors who wish to invest in Japan.Based in Tokyo.
Meta Description: [ This site provides current business information, consultation and other business related services to investors who wish to invest in the Far East. ]

Okamoto and Company - Offers professional services such as accounting, payroll, taxes, and internal audits.
Meta Description: [ Accounting Outsourcing Specialists for Foreign Companies in Tokyo 外資系企業アウトソーシング専門の会計事務所 ]

RBCS-I - Provides information on private equity, real estate, bonds, stocks, and other services.
Meta Description: [ ラビックス・アイは、本格的なオルタナティブ投資への投資機会を個人投資家に提供いたします。 ]

500 SFCG Co., Ltd. - Provider of revolving and real-estate collateralized loans as well as discounted commercial notes.

Taxation in Japan - Gives information on corporate and personal income taxes in Japan, as well as expatriate compensation and consumption tax.

Victax, Inc. - Provides tax, accounting, and payroll consultation services as well as tax filing and corporation set up assistance. Located in Shibuya-ku, Tokyo.

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