Gourt > Regional > Europe > United Kingdom > Scotland > Business and Economy > Financial Services (3)
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 ]
Financial Services :: Business and Economy
Tulsa, OK - Sales Role Financial Advising Women & Minority Markets - Financial Services Company: A Financial Adviso... http://bit.ly/6XhB2k
Jobs_Tulsa (Jobs_Tulsa) Sat, 05 Dec 2009 17:04:08 -0000
Tulsa, OK - Sales Role Financial Advising Women & Minority Markets - Financial Services Company: A Financial Adviso... http://bit.ly/6XhB2k
Tulsa, OK - Sales Role Financial Advising Women & Minority Markets - Financial Services Company: A Financial Adviso... http://bit.ly/7M7quJ
Jobs_Tulsa (Jobs_Tulsa) Sat, 05 Dec 2009 17:04:07 -0000
Tulsa, OK - Sales Role Financial Advising Women & Minority Markets - Financial Services Company: A Financial Adviso... http://bit.ly/7M7quJ
Financial Services Group Director Job in Austin 78746, Texas US http://bit.ly/8Y3wEL #jobs #job #hiring
jobsse_ed (Search Jobs) Sat, 05 Dec 2009 16:56:30 -0000
Financial Services Group Director Job in Austin 78746, Texas US http://bit.ly/8Y3wEL #jobs #job #hiring
RT @Monsterjobs_ukYahoo::RSS::Type::DateTime=HASH(0x53c6ec4)#jobs #ukjobs QUALITY ANALYST - FINANCIAL SERVICES: NW-Manchester, ** TOO GOO..
UKJobTweets (UKJobTweets) Sat, 05 Dec 2009 16:50:30 -0000
RT @Monsterjobs_ukYahoo::RSS::Type::DateTime=HASH(0x53c6ec4)#jobs #ukjobs QUALITY ANALYST - FINANCIAL SERVICES: NW-Manchester, ** TOO GOO..
Financial Analyst - 2009-130-Atlanta job in Atlanta, GA at Project Time & Cost, Inc. http://bit.ly/7p9070 #financial #services
FinanceJobsUS (JobHits.net Finance) Sat, 05 Dec 2009 16:48:27 -0000
Financial Analyst - 2009-130-Atlanta job in Atlanta, GA at Project Time & Cost, Inc. http://bit.ly/7p9070 #financial #services
DB2 Data modeler - Toronto - N/A (per year): JPMorgan Chase is a leading global financial services firm with asset... http://bit.ly/75CrAG
ITJobsInCanada (IT Jobs In Canada) Sat, 05 Dec 2009 16:42:12 -0000
DB2 Data modeler - Toronto - N/A (per year): JPMorgan Chase is a leading global financial services firm with asset... http://bit.ly/75CrAG
Aveton Gifford Associates - Independent Financial Consultants - specialising in Investment Planning and Tax Mitigation, operating in the Scottish Central Belt. Located in Edinburgh and Coatbridge.
Meta Description: [ Aveton Gifford Associates - Independent Financial Advisers specialising in Investment Planning and Tax Mitigation ]
Bank of Scotland - Offers many personal and business banking services. PC banking available.
Meta Description: [ Find out more about Bank of Scotland. We have a range of banking products and services. ]
Claims Against RBOS - Catalogue of complaints against the alleged illegal and unethical practices of Royal Bank of Scotland Group.
Meta Description: [ more than just a bank: news and information about the royal bank of scotland group's (aka natwest bank) deceitful acts, poor service, bad management, and incompetent bureaucracy that result in gross mistakes and customer dissatisfaction. ]
Credit Card Broker - A variety of lenders offering Scottish residents the opportunity to apply online for credit cards and personal loans.
Meta Description: [ Credit Card Broker offers secured and unsecured credit cards. Choose from our list of credit card offers. ]
Credit Union Scottish Transport - Resource centre for Scottish transport credit union members. Listing member companies including Firstbus, Stagecoach, Arriva, SPT, Scottish Ambulance and TGWU members. Joining details included.
Meta Description: [ Scottish Transport Credit Union resource site information Loans savings insurance shares tgwu and links, , resource centre for members, covering many aspects including Credit Union membership, life on the move, the Internet and general interests. ]
Dickson Middleton and Co - Chartered accountants with offices in Stirling , Bonnybridge, Callander, and Auchterarder.
Meta Description: [ chartered accountants dickson middleton offer financial advice, income tax return advice, accountancy advice in stirling scotland uk ]
Direct Sharedeal Ltd - Online share dealing. Registration and demonstration application.
IRRV Scottish Branch - The Institute is the UK professional body for staff working in the fields of revenues, benefits and rating valuation. A new feature in the Scottish Branch's education pages are links directly to the IRRV main site to view past examination papers on-line.
Lloyds TSB Scotland - Bank, offering a variety of accounts and services.
Meta Description: [ Information about Lloyds TSB ]
Marbles Credit Cards - Bank offers Scottish residents online application site and instant decisions.
Meta Description: [ Marbles credit card was created for UK and Scottish residents. For more information about the Marbles Credit Card, please visit our site and apply online. ]
Medical and Professional Finance - Financial packages to the medical, dental, degal and other professions.
Meta Description: [ Specialist Financial Packages for the Medical & other Professions in Scotland. ]
Norman Douglas Financial Services - Independent financial advisers specialising in pensions, investments, mortgages, life assurance and general insurance. Offices in Milngavie and Muirend, Glasgow.
Meta Description: [ Maclean Financial Management, Douglas Financial Management, are independent financial advisers based in Glasgow ]
Ralph Institutional Advisers Ltd. - Bond broker based in Edinburgh. Execution services to financial institutions.
Meta Description: [ RIA Capital Markets Limited is an independent bond broker based in Edinburgh Scotland. We offer financial institutions a high level advisory and execution service covering the Global Capital Markets, including multi-currency government, index-linked, corporate credit, emerging, asset backed and ... ]
Royal Bank of Scotland - Personal and corporate banking solutions.
Meta Description: [ Royal Bank of Scotland (RBS) offers various personal, business & corporate banking to meet all your banking needs. ]
Scotland: Banking - Overview of banking in Scotland.
Scottish Care Support - Provides information on the rules and finances that affect care provision for the elderly and gives a directory of care providers.
Meta Description: [ Scottish Care Support is established to provide
Care Information for the elderly and infirmed and easy access to Care Providers ]
Scottish Financial Enterprise - Promoting Scottish finance.
Meta Description: [ Welcome to Scottish Financial Enterprise website. Our aim is to provide you with with relevant and accurate information about the industry and each of the main sectors that comprise it. ]
Scottish Financial Independence Group - Independent financial advisers.
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