
The financial sector of any country represents its economy and business development. American financial companies are strong enough to engage several customers worldwide.
Let’s talk about the top 10 finance companies in the USA.
Berkshire Hathaway
It is one of the most famous and most significant top 10 finance companies in the USA. It’s an American multinational company founded by Warren Buffet. Its headquarter is located in Omaha. Berkshire Hathaway’s revenue is about 247.5 billion. It possesses about 389,300 employees. Berkshire Hathaway’s income comes from top companies in the USA like forest river, Lubrizol, dairy queen, and FlightSafety. It provides excellent services to its customers. Its services include
- Finance manufacturing
- Retailing
- Property and casualty insurance
- Rail transportation
- Electric and gas utilities
Morgan Stanley
This financial company was founded in 1935. Its main office is present in New York City. This multinational company contains 60,000 employees. Its offices are present in more than 42 countries. In 2020, its revenue was about the US $ 48.2 billion. According to family digest magazine, in June 2004, this company was considered the best financial company for both Americans and Africans. According to one survey, Morgan Stanley offers more than one trillion dollars in assets. Morgan Stanley offers a wide variety of financial services like
- Retirement plans
- Wealth and financial management services
- Investment advisory
- Banking
It also offers insurance products and other credit or lending products.
Master Card
It is also one of the best finance companies in the USA in 2022. Its headquarters is located in New York. You can promptly transmit cash from one location to another or anywhere globally by using its services. It offers protection against any cybercrime. Its primary services include online transactions as it supports traders, merchants, and freelancers worldwide. Its main products include debit cards, credit cards, and other prepaid cards.
PayPal
PayPal is another well-known company not only in America but all over the world. PayPal offers online transactions. It helps people from all over the world to send or receive money. Just a person needs a PayPal number or email of a receiver to send money. PayPal provides a fast and secure payment system to both businessmen and customers.
JP Morgan chase
This biggest American multinational company has its headquarters located in the New York of, the United States. The company was founded on 31 Dec 2000. It has incorporated subsidiaries all over the world. It offers financial solutions and services in almost 100 countries around the world. The company was named after John Pierpont Morgan, who laid the foundation of this company. Its main services include
- Investment
- Retail Banking
- Asset management
Citi
It is also known as Citigroup Inc. Its headquarter is located in New York. It has multiple subsidiaries in almost 160 countries of the world. It has 210,000 employees. The company was founded on 8 Oct 1998. It possesses a total of 2.291 trillion assets. In 2021 its estimated revenue was 71.88 billion dollars. According to the ranking, it is third among the best banking institutions in America. It comprises more than 200 million customers.
Bank of America
This company was founded on 30 Sep 1998. Its headquarter is located in North Carolina. If we talk about its ranking, it is second in number among the largest banks in America. It is the world’s eighth-largest bank. Bank of America possesses a magnificent and attractive building. It has a large functional unit and includes almost 4600 retail financial centers and about 16200 ATMs. Its total estimated revenue in 2021 was 89.11 billion USD. It contains 200,000 employees. Its major services include
- Banking and investment
- Insurance
- Wealth and finance management
- Risk management
- Mortgage loans
- Provide equity
Wells Fargo
Wells Fargo was founded in 1852, and its headquarter is located in San Francisco. Its branches are located in 7200 locations and contain about 13000 ATMs. It is the best digital bank service provider in the United States. This multinational company offers its services in investment, banking and finance, mortgage loans, and other digital banking-related services.
Black Rock
This largest American multinational company is located in New York City. It was founded in 1988. In Jan 2022, it had around 10 trillion USD assets. It is considered the largest company in the United States for asset management. Its competitors include Morgan Stanley, State Street, and Edward Jones. It provides its services in investment, banking, risk management, and asset management,
American Express
Berkshire Hathaway owns this company. Its headquarter is present in New York City in the USA. In 2021 Its estimated revenue was around $43.66 billion. This company provides card payment services all over the world. It includes credit cards, cheques, and charge cards for customers. It also provides services in finance, travel, and insurance.
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