General Banking & Financial Services Market Research Reports & Industry Analysis
Aside from general banking services, financial services may include investment services, such as asset management, custody services or hedge fund management. Other financial services are intermediation or advisory services, private equity, venture capital, angel investment, debt resolution, insurance or foreign exchange services.
General banking include many different kinds of banks. These banks include private banks, capital market banks as well as other products and outlets. Credit card machines and bank cards are an example of these types of general banking products.
General banking includes business of a bank or other financial institution. There are several different types of banks which engage in different types of banking. Some of these types include: central bank, advising bank, commercial bank, credit union and investment bank.
Services which fall under general banking are paying on checks written by clients, collecting deposits, issuing withdrawals, issuing personal, commercial and mortgage loans, debit and credit cards, cashier or certified check and wire transfers.
In 1999 Congress passed the financial modernization legislation. This legislation allowed banks to include insurance and securities in their product offerings. This aided growth in the financial services and general banking industry. Many companies have diversified their services and offerings and refer to themselves as a financial services institution rather than a bank or insurance company.
General Banking & Financial Services Industry Research & Market Reports
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Consumer Financial Service Trends: United States
... 2019; household net worth and net worth share by race/ethnicity, 2010 versus 2019; household net worth by generation, 2016; average household assets and debt by type and race/ethnicity, 2013 versus 2016; homeownership rate, net value, ... Read More
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The African-American and Hispanic Markets: Wealth, Banking, and Payment Trends
... finances by demographic; analyzing net worth, asset, and debt trends; highlighting banking relationships and attitudes toward money management, financial institutions, and discrimination; and researching payment preferences and mobile banking, app, and wallet use. Heavy emphasis ... Read More
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Hispanic Market: Wealth, Banking, and Payment Trends
... down into Hispanic household finances by demographic, analyzes net worth, asset, and debt trends; banking relationships and attitudes toward money management, financial institutions, and discrimination; and payment preferences and mobile banking, app, and wallet use. Read More
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The Financial Services Market: African Americans
... is up 49%since 2010. Compared to 2010, African American household wealth is expected to be up 70% in 2019. Yet that’s only part of the picture. There exists opportunity and need for financial institutions to ... Read More
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U.S. Financial Services Focus: The Walmart Shopper
... sales. Walmart’s comprehensive financial services offering also strongly differentiates among retailers, providing an additional traffic boost. Moreover, the revenue Walmart generates from these transactions does not include revenue generated by its partners, among them prepaid ... Read More
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Millennials and Financial Services: Reclaiming the "Unbanked"
... savings accounts. As of 2015, 55% of 18- to 34-year-olds were “unbanked” in this sense, up from 49% in 2008. In contrast, the share of Millennials who are institutionally unbanked is falling—that is, the share ... Read More
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