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Financial Services Industry Description

The Financial Services industry in New York is one of the largest and most important in the world. It encompasses a wide range of businesses, including banking, insurance, investment management, and securities trading. The industry is centered in Manhattan, where many of the world's largest financial institutions are headquartered. These institutions include JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley, among others. The industry is a major contributor to the economy of New York City, accounting for a significant portion of the city's GDP. It also provides employment to a large number of people, with many of the jobs being high-paying and highly skilled. The industry is also a major source of tax revenue for the city and state. The financial services industry in New York has undergone significant changes in recent years, with the rise of fintech companies and the increasing importance of digital technologies. These changes have led to new opportunities for innovati...

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3,550

COMPANIES

310 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Financial Services

$130,515

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

Financial Services

United States, New York

1 Billion and Over

10001+

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in New York is one of the most prominent and influential sectors in the state's economy. It plays a crucial role in driving economic growth and development, not only in New York City but also throughout the entire state. With its strong presence on Wall Street, New York has established itself as a global financial hub, attracting major financial institutions, investment banks, and asset management firms from around the world. The industry encompasses a wide range of activities, including commercial banking, investment banking, insurance, securities trading, and asset management. New York's banking sector is home to some of the largest and most prestigious banks in the world, such as JPMorgan Chase, Citigroup, and Bank of America. These institutions provide a wide array of financial services to individuals, businesses, and governments, including lending, deposit-taking, and wealth management. In addition to traditional banking services, New York's f...

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FAQ

FAQs

The top Financial Services companies in New York are JPMorgan Chase & Co., Citi and Goldman Sachs. 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 3550 of Financial Services companies in the US according to the latest CIENCE data.

The median revenue for Financial Services companies in the US is 7500000.

Yes, the Financial Services industry in New York is known for Financial Services as there are 3550 companies in New York.

The average revenue for Financial Services companies in New York is 87313662.

You can find job opportunities in the Financial Services in New York 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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