International Banking and Finance
Liberalisation opened gates for integration of Indian Economy with that of the world. It also forced fierce competition on various sectors and along with it the need to revamp the financial practices to fit the highly competitive landscape of international business, where banking and finance play an important part.
This integration also empowered businesses by providing them with avenues to tap financial support from various international financial institutions. And the banking and finance professionals acted as a critical cog for creating a conduit for the flow of funds and investment in the country. However, even after more than a couple of decades of liberalisation, there is a palpable crunch of skilled workforce and talent to lead the sectors.
Top 10 Companies
MasterCard, originally known as Interbank/Master Charge was created by several California banks as a competitor to the Bank America issued by Bank of America, which later became the Visa credit card issued by Visa Inc.
The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance services. ING is an abbreviation for Internationale Nederlanden Groep.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals
GE Capital, is the financial services unit of the American multinational conglomerate General Electric. It provides commercial lending and leasing, as well as a range of financial services for commercial aviation, energy, and support for GE’s industrial business units.
PricewaterhouseCoopers (doing business as PwC) is a multinational professional services network headquartered in London, United Kingdom. It is the second largest professional services firm in the world and is one of the Big Four auditors, along with Deloitte, EY and KPMG.
Wells Fargo & Company is an American international banking and financial services holding company headquartered in San Francisco, California, with “hubquarters” throughout the country. It is the world’s second-largest bank by market capitalization and the third largest bank in the U.S. by assets
The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850, and is one of the 30 components of the Dow Jones Industrial Average.
JPMorgan Chase & Co. is a U.S. multinational banking and financial services holding company headquartered in New York City. It is the largest bank in the United States, the world’s third largest bank by total assets, with total assets of roughly US$2.5 trillion, and the world’s most valuable bank by market capitalization.
Standard Chartered PLC is a British multinational banking and financial services company headquartered in London. It operates a network of more than 1,200 branches and outlets (including subsidiaries, associates and joint ventures) across more than 70 countries and employs around 87,000 people.
American International Group, Inc., also known as AIG, is an American multinational insurance corporation with more than 88 million customers in 130 countries. As of 2015 AIG companies employed around 65,000 people.The company operates through three businesses: AIG Property Casualty, AIG Life and Retirement, and United Guaranty Corporation (UGC)