Banks, insurance companies, securities companies, fund management companies, futures companies, investment companies, investment banks and pawns all belong to the financial industry.
What does finance do?
I don't know what you mean by asking, but if you have been in contact with the financial industry above the undergraduate level, you probably won't ask this question.
Finance is to balance and adjust risks and benefits in a time series. Simply put, different things at different time points in a time series have different income and risk levels. Finance links these interests and risks or adjusts the original relationship through financial means such as buying and selling, agreement trading and mutual insurance of agreed risks.
For example, if you are in the financial stock market, you speculate on the future high price of a stock, and adjust the income brought by the future high price by buying it to realize your current investment, then what you value is the high income and high dividend of this stock.
If you do financial insurance, it is to link the risks and relative benefits (losses) of people in the same industry, region and society.
The same finance, banking, currency, tax fund and block trading accounting are all financial categories, and they are also the adjustment of risks and benefits.
What industries does the financial industry include?
Financial industry refers to banks and related fund cooperatives, as well as insurance industry. Except for industrial economic activities, all other economic-related activities are financial industry.
Financial industry refers to a special industry dealing in financial commodities, including banking, insurance, trust, securities and leasing.
Finance is everywhere and has formed a huge system. The scope, branches and contents of finance are very extensive, such as currency, securities, banking, insurance, capital market, derivative securities, investment and wealth management, various funds (private placement and public offering), balance of payments, financial management, trade finance, real estate finance, foreign exchange management, risk management and so on.
What does financial sales do?
Financial sales is to sell the products of the financial industry. I don't know what kind of company you work for, whether it's a bank, an insurance company, a securities company or a private investment company.
Banks mainly do securities consulting and sales, as well as IPO and some financial products related to banking business.
Insurance companies are mainly engaged in insurance business. Now many insurance companies also provide comprehensive financial services, such as Ping An Insurance Group, depending on the company's business development.
Securities companies, stocks and bonds, futures, foreign exchange, etc.
The stocks, bonds, futures, foreign exchange and gold of private investment companies are all involved, depending on the company's business projects.
I hope it helps you.
What is the concept of financial industry?
Financial industry refers to banks and related fund cooperatives, as well as insurance industry. Except for industrial economic activities, all other economic-related activities are financial industry.
Definition of financial industry: financial industry refers to a special industry that deals in financial commodities, including banking, insurance, trust, securities and leasing.
Characteristics of financial industry
The financial industry has the characteristics of index, monopoly, high risk, interest dependence and high debt management.
1, indicative
Indicators mean that financial indicators reflect the overall and individual situation of the national economy from all angles, and the financial industry is a barometer of the development of the national economy.
2. Monopoly
On the one hand, monopoly means that the financial industry is strictly controlled by the central bank, and no unit or individual may set up financial institutions at will without the approval of the central bank; On the other hand, it refers to the relative monopoly of specific financial business. Credit business is mainly concentrated in the four major commercial banks, securities business is mainly concentrated in national securities companies such as Cathay Pacific, Huaxia and Nanfang, and insurance business is mainly concentrated in PICC, Ping An and Pacific Insurance.
3. High risk
High risk means that the financial industry is a distribution center for huge amounts of money, involving all sectors of the national economy. Any mistakes in business decisions of units and individuals may lead to "domino effect".
4. Interest dependence
Interest dependence means that financial interests depend on the overall interests of the national economy and are greatly influenced by policies.
5, high debt management
High-debt management means that the proportion of self-owned funds is lower than that of general industrial and commercial enterprises. The financial industry plays an important role in the national economy, which is related to economic development and social stability, and has the functions of optimizing the allocation and adjustment of funds, reflecting and supervising the economy. The unique position and inherent characteristics of the financial industry make all countries attach great importance to the development of their own financial industry. China has a process of understanding and developing this. In the past, China's financial industry developed slowly and irregularly. After more than ten years of reform, the financial industry is developing at an unprecedented speed and scale. With the steady growth of economy and the deepening of economic and financial system reform, the development prospect of financial industry is very broad.
The emergence and development of financial industry
The financial industry originated in the Babylonian temple in 2000 BC and the Greek temple in the 6th century BC. From the 5th century BC to the 3rd century BC, money dealers and commercial institutions like banks appeared in Athens and Rome. In Europe, modern banks developed from currency exchange and goldsmith. The earliest bank appeared in Venice, Italy (1580). 1694, Britain established the first joint-stock bank-the Bank of England, which established the most basic organizational form for the development of modern financial industry. Since then, the financial industry in capitalist countries has developed rapidly, which has greatly promoted the accumulation of capital and the concentration of production. 19 at the end of the 20th century, major capitalist countries entered the stage of monopoly capitalism. The mutual penetration of bank monopoly and industrial monopoly capital centered on credit activities forms financial capital, which controls the lifeline of capitalist economy. The starting point of China's financial industry can be traced back to the institutions dealing with credit business in the Zhou Dynasty before 256 BC, which were called "Quanfu" in Zhou Li. In the Southern Qi Dynasty (479 ~ 502), there appeared an institutional "quality bank" that used the collected objects as collateral to lend money, which was later the pawnshop. At that time, it was run by temples, monopolized by nobles in the Tang Dynasty, and private banks appeared in the Song Dynasty. At the end of the Ming Dynasty, private banks (called banks in the north) were once the main body of the financial industry, and later, private banks, official private banks and other financial institutions appeared one after another. Due to the long-term feudal rule, modern banks appeared late in China. After the Opium War, foreign banks began to enter China, and the earliest one was Li Ru Bank of England (1845). Subsequently, Macquarie Bank (Standard Chartered Bank) and HSBC Bank, Dehua Bank of Germany, Zhengyin Bank of Yokohama, Japan, Oriental Bank of Credit Suisse Bank of France and Dawson Bank of Russia were established one after another. The first bank founded by China people was China Commercial Bank established by 1897. After the Revolution of 1911, especially after the beginning of the First World War, China's banking industry began to develop rapidly, and banks gradually became the main body of the financial industry, while banks and banks retreated to a secondary position and gradually declined. The development of China's banking industry basically promotes the development of national capitalist industry and commerce. This shows the close relationship between finance and industry and commerce, and its important influence on the national economy. After a long historical evolution, the modern financial industry has changed from a relatively simple form in ancient society. ......
What is the financial industry?
The so-called finance is simply the financing of funds, that is, the study of the relationship between money and money, which is strictly defined as follows:
Finance is the general name of currency circulation, credit activities and related economic activities. Finance in a broad sense refers to all economic activities related to the issuance, storage, exchange, settlement and financing of credit currency, even including the sale of gold and silver. Narrow sense of finance refers to the financing of credit currency.
The contents of finance can be summarized as the issuance and withdrawal of money, the absorption and payment of deposits, the issuance and recovery of loans, the trading of gold, silver and foreign exchange, the issuance and transfer of securities, insurance, trust and domestic and foreign currency settlement. Institutions engaged in financial activities mainly include banks, trust and investment companies, insurance companies and securities companies, as well as credit cooperatives, finance companies, investment trust companies, financial leasing companies, securities, gold and silver, foreign exchange exchanges and so on.
The financial industry refers to special enterprises dealing in financial commodities, including banks, insurance, trusts, securities, leasing and pawning.
The financial industry has the characteristics of index, monopoly, high risk, interest dependence and high debt management. Indicators mean that financial indicators reflect the overall and individual situation of the national economy from all angles, and the financial industry is a barometer of the development of the national economy. On the one hand, monopoly means that the financial industry is strictly controlled by the central bank, and no unit or individual may set up financial institutions at will without the approval of the central bank; On the other hand, it refers to the relative monopoly of specific financial business. Credit business is mainly concentrated in the four major commercial banks, securities business is mainly concentrated in national securities companies such as Cathay Pacific, Huaxia and Nanfang, and insurance business is mainly concentrated in PICC, Ping An and Pacific Insurance. High risk means that the financial industry is a distribution center for huge amounts of money, involving all sectors of the national economy. Any mistakes in business decisions of units and individuals may lead to "domino effect". Interest dependence means that financial interests depend on the overall interests of the national economy and are greatly influenced by policies. High-debt management means that the proportion of self-owned funds is lower than that of general industrial and commercial enterprises.
What are the three major financial industries?
Banking, insurance, securities industry
1. A bank is a financial institution engaged in monetary credit business, and acts as a credit intermediary by issuing credit currency, managing currency circulation, regulating capital supply and demand, and settling money deposits and loans. Banks are the main body of modern financial industry and the hub of national economy.
2. Insurance refers to the business in which the funds collected through contracts are used to compensate the economic interests of the insured. The insurance market is a place where insurance is bought and sold, that is, both parties sign insurance contracts. It can be a centralized tangible market or a decentralized intangible market. According to the different subject matter of insurance, insurance can be divided into two categories: property insurance and personal insurance.
3. The securities industry refers to a specialized industry engaged in securities issuance and trading services, and is one of the basic components of the securities market. It is mainly composed of stock exchanges, securities companies, securities associations and financial institutions. And provide services for the securities trading of both parties, promote the efficient issuance and circulation of securities, and maintain the operating order of the securities market.
What does the financial investment industry mainly do?
Financial investment:
It refers to investment in monetary credit and related economic activities, and refers to all economic activities related to the issuance, storage, exchange, settlement and financing of credit currency, including the sale of monetary credit and gold and silver.
Mainly engaged in: deposit absorption and payment, loan issuance and recovery, gold and silver foreign exchange trading, securities issuance and transfer, insurance, trust, domestic and foreign currency settlement, etc.
To put it simply: financial investment is financial management.
Including: macro view (social compensation; * * */profit and non-profit organizations) and micro (family and personal) money affairs.
Basically, a * * * uses legal norms to manage the finance of profit-making and non-profit organizations in society, and supports the whole social economy with investment. Families and individuals live in society and enjoy money or sacrifice.
For your reference, if you have any questions, continue to discuss.
What does the current financial industry do to make money easily?
Of course, if you are an investment bank, it will be awesome to pass the sponsor exam. It would be great if you could get a large commission. In the securities/banking/insurance industries, people who do this job earn the most. Without that network, we can do business honestly. Some big investment banks that have passed the sponsor exam have been promoted to Grade 8, but they are all post-80s graduate students. It's hard, but it's definitely worth it. Otherwise, as a trader in a securities company, you can earn more than the chairman of the largest securities company in China, but you have high requirements, high academic qualifications, famous schools all the way, and overseas academic experience. If you don't care about banks, insurance and trusts, securities are promising. I hope to adopt this experience.
What is a financial enterprise?
Financial industry refers to a special industry dealing in financial commodities, including banking, insurance, trust, securities and leasing. The financial industry has the characteristics of index, monopoly, high risk, interest dependence and high debt management. Indicators mean that financial indicators reflect the overall and individual situation of the national economy from all angles, and the financial industry is a barometer of the development of the national economy. On the one hand, monopoly means that the financial industry is strictly controlled by the central bank, and no unit or individual may set up financial institutions at will without the approval of the central bank; On the other hand, it refers to the relative monopoly of specific financial business. Credit business is mainly concentrated in the four major commercial banks, securities business is mainly concentrated in national securities companies such as Cathay Pacific, Huaxia and Nanfang, and insurance business is mainly concentrated in PICC, Ping An and Pacific Insurance. High risk means that the financial industry is a distribution center for huge amounts of money, involving all sectors of the national economy. Any mistakes in business decisions of units and individuals may lead to "domino effect". Interest dependence means that financial interests depend on the overall interests of the national economy and are greatly influenced by policies. High-debt management means that the proportion of self-owned funds is lower than that of general industrial and commercial enterprises. The financial industry plays an important role in the national economy, which is related to economic development and social stability, and has the functions of optimizing the allocation and adjustment of funds, reflecting and supervising the economy. The unique position and characteristics of the financial industry make all countries attach great importance to the development of their own financial industry. China has a process of understanding and developing this. In the past, China's financial industry developed slowly and irregularly. After more than ten years of reform, the financial industry is developing at an unprecedented speed and scale. With the steady growth of economy and the deepening of economic and financial system reform, the development prospect of financial industry is very broad.