- Financial services are a broad range of activities that involve the creation, exchange, management, and protection of money and other financial assets12. Financial services are provided by financial services firms and their professionals, such as banks, insurance companies, investment firms, and financial consultants12. Financial services include banking, investing, insurance, leasing, credit card services, factoring, portfolio management, underwriting, brokerage, and more12.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Key Takeaways
- Financial services make up one of the economy's most important and influential sectors.
- Financial services are a broad range of more specific activities such as banking, investing, and insurance.
www.investopedia.com/ask/answers/030315/what-f…Following are some of the examples of financial services:
- Mutual Fund management
- Leasing, credit card services, factoring, portfolio management and financial consultancy services
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