Financial services is one of the largest among the 11 Global Industry Classification Standard (GICS) sectors in the stock market. With a market capitalization hovering just over $8 trillion, financials made up nearly 21% of U.S. gross domestic product (GDP) in 2023.

Jan 13, 2023 · Financial services describes the various offerings within the finance industry, including money management and digital banking technology. And below we’ve outlined major terms, topics, and trends to provide a high-level financial services industry overview.

Jan 9, 2024 · The financial services sector consists of banking, investing, taxes, real estate, and insurance, all of which provide different financial services to people and corporations.

The financial services industry is a vast sector that includes banks, insurance companies, financial advisors, investors and more.

Oct 17, 2024 · Read our latest research, articles, and reports on Financial Services on the changes that matter most for the challenges and opportunities ahead.

Resilient, transparent and smooth-functioning financial systems and capital markets contribute to financial stability, job growth and poverty alleviation. To strengthen financial stability and build countries’ capacity for crisis management, WBG works with governments and the private sector.

Mar 25, 2025 · Kevin, partner at Deloitte & Touche LLP, is the Audit & Assurance leader of the US Financial Services industry practice with more than 20 years of experience serving some of our most prominent clients with national and global footprints. He has coordinated and led complex multilocation audits and has supported management teams through IPOs and ...

With the rise of technology, customer demands, and new regulations, financial services have experienced significant transformation over the last decade. From the introduction of fintech to the growing demand for sustainable finance, the financial services landscape is rapidly evolving.

Our analysis of what to expect in the commercial real estate, banking & capital markets, insurance, and investment management sectors in 2025—and implications for the next decade.

It focuses on digital innovation, with AI, blockchain, and automation reshaping operations, customer experience, and financial inclusion. The report examines patent filings, investment activities, and workforce statistics to provide an overview of …