Top financial companies run the world in more ways than you can imagine. These companies are often change-makers on an international scale but when some top executives fail to adjust sails according to the changing winds, they can go ashtray as well. Recessions in economy can leave a poorly managed banking institution with serious losses.
Several finance companies have survived the worldwide financial turbulence. Some of them were even making profits when the rest of the world was struggling to stay ‘financially’ alive or relevant! Even after experiencing some of the toughest survival tests, these companies have come out victoriously with soaring profits from the battlefield. This article describes top 10 finance companies in the world based on their money-flow, overall assets, business practices and fiscal management.
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Here is a list of the top 10 best housing finance companies in the world:
10. BNP Paribas:
All over Europe, BNP Paribas is the 4th largest finance company. The company has recently begun to report commendable growth from various Asian countries as well. The head office of BNP Paribas is located in Paris, France. The second global headquarters of BNP Paribas is located in London, UK.
9. The Bank of New York Mellon:
Headquartered in New York, the Bank of New York Mellon primarily offers services related to securities and property management. The Bank of New York Mellon or BNY Mellon was formed in 2007 when Mellon Financial Corporation and the Bank of New York were merged together. All over the world, the Bank of New York Mellon is the biggest deposit bank. Since the Bank of New York was established back in 1784, BNY Mellon is among some of the oldest banks in the world.
Headquartered in Utretch (Holland), RaboBank is actually a co-operative financial institution. It is probably only co-operative financial institution of this size in the world. The main source of RaboBank’s income is agriculture! This finance company has offices all over the world including top financial centers on the face of earth. A global leader in sustainable banking and food and agri financing, RaboBank comprises of over a hundred local Dutch banks.
7. Standard Chartered Bank:
Standard Chartered Bank has a strong presence in well over 70 countries all over the world. This finance company is headquartered in London, United Kingdom. Although the company is based in the United Kingdom, its biggest market is Middle-East and African sub-continent. This British financial services company employs more than 80,000 people all over the world at the moment. This finance company is a universal banking institution i.e. it offers corporate and institutional, consumer and treasure services all over the world. In terms of market capitalization, it was the 13th biggest finance company among all those listed on the LSE in the year 2011.
6. Industrial and Commercial Bank of China:
Popularly known as the banking giant of the world, ‘Industrial and Commercial Bank of China’ is headquartered in Beijing, China. It is probably only banking institution of this magnitude which is absolutely controlled by the Chinese government. There are 3 other big banking institutions that are controlled and managed by the Chinese government. The bank was founded as a limited company few years ago in 1984. Considering the total market value, ‘Industrial and Commercial Bank of China’ can put a large number of finance companies in the world to shame! The Forbes Magazine ranked it as the 7th biggest public company all over the world in the year 2011.
5. Banco Santander:
A Spanish financial services provider, the Santander Group is all centered on Banco Santander. In the Eurozone, Banco Syantender is the biggest banking institution. In terms of market capitalization, it is the one of the biggest banks all over the world. The head office of this multinational financial services giant is located in Syantender, Spain. This institution came into existence in 1857. In 2010, the Forbes Magazine Global ranked it as the 6th largest company in the world.
Primarily an alternative assets management and financial services provider company, Blackstone does not have a long history. The company was established in 1985. It is relatively young as compared to several other financial services giants.
3. Goldman Sachs:
Headquartered in New York, Goldman Sachs is a well known multinational financial services giant. The company came into existence back in 1869. Today, the company has a strong worldwide presence. Goldman Sachs is primarily a bulge bracket investment banking and securities company.
2. Credit Suisse:
The second most popular finance company based on the criteria listed above, Credit Suisse’s headquarters are located in Switzerland. This Zurich based company came into existence more than one and a half century ago! It was founded by Alfred Escher in 1856. This Swiss multinational financial services company has well over 250 branches in Switzerland alone. The company has strong presence in about 50 countries all over the world.
1. J. P. Morgan Chase And Co:
It’s one of the biggest finance companies in the world. J. P. Morgan Chase and Co’s head office is located in New York, United States. Quarterly profits of the company are in billions of dollars and it funds a large number of international business conglomerates. Currently, this finance company is present in well over 50 different countries all over the world. J.P. Morgan Chase and Co is particularly known for its outstanding off-shore banking services. The company has also established itself as a leading player in stock market financing arena.
This was the list of Top 10 Best Housing Finance Companies in the world that have been rendering assistance to accomplish the dreams of people to have their own houses. So, here was the list of the companies that deal with the most important commodity that runs the world. Money itself!