What are some of the top finance companies in the world?
Finance has become a very big part of our lives over the last several years. There is no doubt that the financial markets play an important role in running a modern economy. Many countries rely heavily on their stock exchanges to trade securities and other assets.
In addition, banks provide loans to us online casino businesses and individuals that they then collect back through interest payments. The world is changing rapidly as new technologies reshape the way we live and work. As these changes occur, the world of finance becomes even more complex. Below are the best finance companies in the world.
Top Finance Companies in the World
1. Royal Bank of Scotland Group
The Royal Bank of Scotland group is one of the largest banking institutions in Europe. Its history dates back to 1585, but it became a publicly traded company in 1989. Over the past few years, it has been trying to recover from the aftermath of the financial crisis.
In 2014, its return on equity was 0.96%, which was lower than any of its competitors. Despite having many challenges, RBS remains one of the biggest names in banking.
2. UBS AG
UBS is still regarded as one of the best finance companies in terms of getting investors their money back. While it had a negative net worth of 80 billion dollars in 2009, today it has a positive net worth of 128.9 billion dollars. One reason why this happens is due to its large cash reserves.
In fact, UBS has more cash reserves than most small countries like Argentina! Some of its recent successes include investing 42 billion dollars into Facebook, 20 million dollars into Tesla Motors, 12 million dollars into Alibaba, and 100 million dollars into Morgan Stanley.
3. Citigroup Inc
Citigroup offers numerous products such as credit cards, checking accounts, home equity lines of credit, auto loans, student loans, personal loans, mobile casino loans and mortgages. At the end of 2013, Citi had almost 30 trillion dollars in total assets. It also provides its own CitiBank card which charges an annual fee of about 22 dollars, or.01% of your balance.
4. JPMorgan Chase & Co
JPMorgan is a huge international conglomerate based out of New York City. Now, you may think that’s just a fancy name for a bank, but if you look closer, you’ll see that the owners of this bank do have a lot of power when compared to the owners of normal banks. To give you some idea of how much power the Chases have, Jamie Dimon calls the shots. He can fire anyone he wants at any time.