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Research and Markets: 2012 Report on the $3 Trillion US Finance & Insurance Sector

July 23, 2012
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Business Wire, Inc.

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/3bc9br/finance_and_insura) has announced the addition of the "Finance & Insurance Sector" report to their offering.

The US finance and insurance sector consists of more than 230,000 companies with combined annual revenues of more than $3 trillion. Major firms include AIG, Bank of America, Citigroup, Fidelity, Goldman Sachs, JPMorgan Chase, MetLife, and Wells Fargo. Other major companies in the sector include credit card processing firm First Data Corporation, brokerage firm Charles Schwab, investment services firm Value Line, and REITs such as Simon Property Group. The sector is concentrated: the largest 50 companies account for nearly 50 percent of sales.

The global finance and insurance sector generates revenues of around $9 trillion annually. Top global firms include Industrial and Commercial Bank of China, French bank Societe Generale, Germany'sDeutsche Bank, French insurer AXA, and Brazilian government-owned bank Caixa Economica Federal. Demand for sophisticated financial services is expected to grow in Asia, particularly China and Indonesia.

COMPETITIVE LANDSCAPE

Demand is driven by business activity, returns on investments, and consumer income. The profitability of individual companies depends on marketing, efficient operations, and investment expertise. Large companies often have advantages in access to cheaper capital, participation in large-scale transactions, and name recognition. Small companies can compete effectively through customer service, knowledge of the local market, and specialization. The industry is capital-intensive and highly automated: annual revenue per employee varies due to the number of industry groups but averages around $6000,000.

The finance and insurance sector has undergone significant change in the past decade, and more changes are likely.

Key Topics Covered:

Industry Overview

Quarterly Industry Update

Business Challenges

Business Trends

Are you ready to declare your independence?

Industry Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Web Links and Acronyms

For more information visit http://www.researchandmarkets.com/research/3bc9br/finance_and_insura

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking and Financial Services

Source: Research and Markets

Copyright:Copyright Business Wire 2012
Wordcount:307


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