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Financial Services Industry Description

The Financial Services industry in California is a vital sector that contributes significantly to the state's economy. It encompasses a wide range of businesses, including banks, credit unions, insurance companies, investment firms, and other financial institutions. California is home to some of the largest financial institutions in the world, such as Wells Fargo, Bank of America, and JPMorgan Chase. The state's financial services industry is highly regulated, with various state and federal agencies overseeing its operations. The California Department of Business Oversight is responsible for regulating and supervising financial institutions operating in the state. Additionally, the Federal Reserve Bank of San Francisco and the Office of the Comptroller of the Currency also have a significant presence in California. The financial services industry in California has experienced significant growth over the years, with many companies expanding their operations in the state. The indust...

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4,750

COMPANIES

343 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Financial Services

$109,845

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Financial Services

United States, California

1 Billion and Over

10001+

medal medal WTW

Financial Services

United States, California

1 Billion and Over

10001+

Financial Services

United States, California

1 Billion and Over

10001+

Financial Services

United States, California

1 Billion and Over

10001+

Financial Services

United States, California

1 Billion and Over

10001+

Financial Services

United States, California

1 Billion and Over

10001+

Financial Services

United States, California

500 Million to 1 Billion

10001+

Financial Services

United States, California

1 Billion and Over

5001-10000

Financial Services

United States, California

1 Billion and Over

5001-10000

Financial Services

United States, California

1 Billion and Over

5001-10000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in California is one of the largest and most influential sectors in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment banks, and insurance companies. California's banking industry is dominated by several major national and regional banks, such as Wells Fargo, Bank of America, and Citibank. These institutions provide a wide range of financial services to individuals, businesses, and government entities. They offer various types of accounts, loans, credit cards, and investment products to meet the diverse needs of their customers. In addition to traditional banking services, California is also home to a thriving fintech sector. Fintech companies leverage technology and innovation to provide financial services in a more efficient and convenient manner. These companies offer online banking, mobile payment solutions, peer-to-peer lending, and digital currency services, amon...

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FAQ

FAQs

The top Financial Services companies in California are Wells Fargo, WTW and Block. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 4750 of Financial Services companies in the US according to the latest CIENCE data.

The median revenue for Financial Services companies in the US is 2500000.

Yes, the Financial Services industry in California is known for Financial Services as there are 4750 companies in California.

The average revenue for Financial Services companies in California is 72159474.

You can find job opportunities in the Financial Services in California through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Financial Services industry main page is found here.

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