Research and Markets: An Essential Report on the Finance and Insurance Sectors in the US
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/c2eeea/finance_and_insura) has announced the addition of the "Finance and Insurance Sector" report to their offering. First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the "heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospects business issues. Executive Summary Brief Excerpt from Industry Overview Chapter: The US finance and insurance sector consists of more than 250,000 companies with combined annual revenues of more than $3 trillion. Major firms include AIG, Bank of America, Citigroup, Fidelity, Goldman Sachs, HSBC, JPMorgan Chase, MetLife, and Wells Fargo. Other major companies in the sector include credit card processing firm First Data Corporation, brokerage firm Charles Schwab, investment services firm Value Line, and REITs such as Equity Office Properties. The sector is concentrated: the largest 50 companies account for about 50 percent of sales. COMPETITIVE LANDSCAPE Demand is driven by business activity, returns on investments, and consumer income. The profitability of individual companies depends on marketing, efficient operations, and investment expertise. Large companies often have advantages in access to cheaper capital, participation in large-scale transactions, and name recognition. Small companies can compete effectively through customer service, knowledge of the local market, and specialization. The industry is capital-intensive and highly automated: annual revenue per employee varies due to the number of industry groups but averages around $550,000. The finance and insurance sector has undergone significant change in the past decade, and more changes are likely. The traditional lines between business segments within the finance and insurance sector were blurred by the Gramm-Leach-Bliley Act of 1999 (GLB Act), which permitted commercial banks to sell securities and insurance and enabled insurance firms to sell financial products. Key Topics Covered: * Industry Overview * Quarterly Industry Update * Business Challenges * Trends AND Opportunities * Call Preparation Questions * Financial Information * Industry Forecast * Website and Media Links * Glossary of Acronyms For more information visit http://www.researchandmarkets.com/research/c2eeea/finance_and_insura Source: First Research Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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