Gourt > Regional > Asia > Malaysia > Business and Economy > Financial Services (5)
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.
More on [ Financial services ]
GMAC Financial Services Getting Billions in Aid â WHSV | Mortgage ... http://bit.ly/6cUJLx
FafsaHelp (Juan Vasquez) Mon, 04 Jan 2010 02:30:13 -0000
GMAC Financial Services Getting Billions in Aid – WHSV | Mortgage ... http://bit.ly/6cUJLx
Management Trainee - Ng, Wong & Chan Financial Services Co.: Salary: Not Specified / Negotiable | 0 yr of exp |.. http://bit.ly/8N1HcY
hkjobs_market (HK Marketing Jobs) Mon, 04 Jan 2010 02:22:27 -0000
Management Trainee - Ng, Wong & Chan Financial Services Co.: Salary: Not Specified / Negotiable | 0 yr of exp |.. http://bit.ly/8N1HcY
Now Hiring : Sales and Service Representatives - Nightshift Job at Discover Financial Services ... http://bit.ly/8mCUYq #jobs #JobStraight
JobStraight (Christ Martin) Mon, 04 Jan 2010 02:22:04 -0000
Now Hiring : Sales and Service Representatives - Nightshift Job at Discover Financial Services ... http://bit.ly/8mCUYq #jobs #JobStraight
Management Trainee - Ng, Wong & Chan Financial Services Co.: Salary: Not Specified / Negotiable | 0 yr of exp |.. http://bit.ly/90rPw7
hkjobs_banking (HK Banking Jobs) Mon, 04 Jan 2010 02:21:12 -0000
Management Trainee - Ng, Wong & Chan Financial Services Co.: Salary: Not Specified / Negotiable | 0 yr of exp |.. http://bit.ly/90rPw7
Apply for job Sr IT Security Spec at ING Financial Services (Atlanta, GA) http://bit.ly/8aqI0F #jobs, #truth, #job
nessty (nessty) Mon, 04 Jan 2010 02:20:36 -0000
Apply for job Sr IT Security Spec at ING Financial Services (Atlanta, GA) http://bit.ly/8aqI0F #jobs, #truth, #job
#finance #jobs Financial Coordinator - Patient Services job in Akron, OH at Akron Ch.. http://bit.ly/81EJKk #coordinator
FinanceJobsUS (JobHits.net Finance) Mon, 04 Jan 2010 01:56:32 -0000
#finance #jobs Financial Coordinator - Patient Services job in Akron, OH at Akron Ch.. http://bit.ly/81EJKk #coordinator
Amanah Raya Berhad - Trustee company wholly owned by Minister of Finance (Incorporated). Provides corporate, products, branch, management information and news. Head office in Kuala Lumpur with branches nation-wide.
Banking Info - Provides consumers with information on banking, sponsored by Bank Negara Malaysia. Includes accounts, services, e-transactions, cards, illegal transactions, islamic banking, complaints and redress.
Cagamas Berhad - The National Mortgage Corporation is established to promote the secondary mortgage market. Provides products, debt securities, financial highlights and annual reports. Main office in Kuala Lumpur.
Meta Description: [ Fireworks Splice HTML ]
500
Credit Guarantee Corporation Malaysia Berhad - Offers various guarantee schemes to help businesses secure a loan. Head office in Petaling Jaya with branches nation-wide.
Meta Description: [ Credit Guarantee Corporation - iGuarantee ]
500
Danamodal National Berhad - A government corporation charged with recapitalizing ailing banks. Provides corporate, media, core processes information. Located in Kuala Lumpur.
Malaysia External Trade Development Corporation (MATRADE) - National trade promotion agency. Provides overseas offices, markets, trade missions and online application. Main office in Kuala Lumpur.
Malaysian International Chamber of Commerce and Industry - Provides trade information on, members directory, forum, business links and recommended bookshops for business. Secretariat in Mont Kiara, Kuala Lumpur.
MBF Discount Card Sdn Bhd - Offers MBF Countdown International credit discount card. Provides membership details, contacts, promotions and links to members. Head office in Kuala Lumpur with service centres nation-wide.
Newvest (M) Sdn Bhd - Loss adjuster and fraud investigator. Services, branches and online assignment form. Head office in Kuala Lumpur with branches in major cities country-wide.
ORIX Leasing Malaysia Berhad - Diversified financial services institution. Products and services, shareholders, enquiry and profile. Head office in Kuala Lumpur with subsidiaries nation-wide.
500
Pengurusan Danaharta Nasional Berhad - National asset management company purchases non-performing loans from Malaysian banks. Main office in Kuala Lumpur.
500
Professional Protection Planners Berhad - Total financial and estate planning services, including tax and liability evaluation services. Offices in Johor and Kuala Lumpur.
Meta Description: [ PPP Network (Professional Protection Planners Berhad) - Total Financial & Estate Planning Services (Malaysia) ]
Rakan Serumpun Sdn Bhd - Specialises in financial and management consultancy services. Details of company profile, and standards plus grants available. Offices in Kuala Lumpur, Melaka and Penang.
Shamsir Jasani Grant Thornton - Accounting and consulting firm providing assurance, taxation and business advisory services. Provides services, publications, news and careers. Offices in Kuala Lumpur, Kuantan, Johor Bahru and Penang.
Meta Description: [ Shamsir Jasani Grant Thornton is one of the leading accounting and consulting firms in Malaysia, with offices in Kuala Lumpur, Kuantan, Johor Bahru and Penang. ]
UMW Toyota Capital Sdn Bhd - Specialises in motor and equipment financing. Provides pre-approved loan, insurance, financing, rates, branches and recruitment information. Head office in Petaling Jaya with branches nation-wide.
Meta Description: [ Malaysia Car Loan Guide ]
| Retro 1950s Cruise - SS CATALINA sails again to Avalon | |
| Next Video | |
