Top 9 Largest Financial Service Companies in Argentina

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Argentina's financial sector is expanding and is anticipated to make Argentina one of Latin America's most developed nations soon. Let's discover the largest ... read more...

  1. Top 1

    JPMorgan Chase

    JPMorgan Chase & Co. is a Delaware-incorporated American global financial services corporation with its corporate headquarters in New York City. By market capitalization, it is the biggest bank in the US and the biggest bank globally (as of 2023). The Financial Stability Board views the company as having systemic importance because it is the largest of the Big Four banks.

    Due to its size and scope, regulatory control has been strengthened, and a fortress balance sheet of capital reserves is kept on the inside. The company will move into the JPMorgan Chase Building, which is currently under development, in 2025 from its current location at 383 Madison Avenue in Midtown Manhattan.

    JPMorgan Chase
    's market value was $374.21 billion as of March 2023. JPMorgan Chase is now the 18th most valuable firm in the world according to market cap. The most recent financial reports from JPMorgan Chase indicate that the company's current revenue (TTM) is $128.64 billion. The corporation generated $121.68 billion in revenue in 2021, a rise from $119.53 billion in revenue in 2020.

    Founded: December 1, 2000
    Headquarters: 383 Madison AvenueNew York City, U.S.
    Website: jpmorganchase.com

    Screenshot via jpmorganchase.com
    Screenshot via jpmorganchase.com
    Screenshot via jpmorganchase.com
    Screenshot via jpmorganchase.com

  2. Top 2

    HSBC

    A British multinational holding corporation for universal banks and financial services, HSBC Holdings plc. With US$2.953 trillion in assets as of December 2021, it surpassed BNP Paribas to hold the title of largest bank in Europe. HSBC had $4.9 trillion in assets under administration and $10.8 trillion in assets under custody (AUC) as of 2021. (AUA).


    The name HSBC is derived from the initials of the Hongkong and Shanghai Banking Corporation, which created the organization in its current form in London to serve as a new group holding company in 1991. After opening offices in Shanghai in 1865, the Hongkong and Shanghai Banking Corporation was formally founded in 1866.

    Almost 40 million customers are served by HSBC's 64 offices spread across Africa, Asia, Oceania, Europe, North America, and South America. According to Forbes' rankings of large corporations based on revenue, profits, assets, and market value as of 2022, it was rated no. 38 globally.


    HSBC's market capitalization as of March 2023 is $133.64 billion. By market cap, HSBC is now the 87th most valuable corporation in the world. The most recent financial reports from HSBC indicate that the company's current revenue (TTM) is $61.49 billion. The corporation generated $63.66 billion in revenue in 2021, an increase from $62.88 billion in revenue in 2020.


    Founded: First established on 3 March 1865
    Headquarters: 8 Canada SquareLondon, England, UK
    Website: www.hsbc.com

    Screenshot via  	www.hsbc.com
    Screenshot via www.hsbc.com
    Screenshot via  	www.hsbc.com
    Screenshot via www.hsbc.com
  3. Top 3

    Santander

    Spanish global financial services provider Banco Santander, S.A., has offices in Santander and Madrid. In addition, Santander, the 16th-largest banking organization in the world, keeps a presence in all major financial hubs. Although it is best known for its banking operations in Europe, it has recently expanded operations into continental Asia and North and South America. The Financial Stability Board views this bank as being of systemic importance.

    Numerous subsidiaries, including Abbey National, have changed their names to Santander. The firm is a part of the Euro Stoxx 50 stock market index. Santander was listed as the 37th largest public company in the world by Forbes Global 2000 in May 2016. The biggest bank in Spain is Santander.


    Santander's market value was $58.86 billion as of March 2023. Santander is now ranked as the 251st most valuable corporation in the world by market cap. The most recent financial reports from Santander indicate that the company's current revenue (TTM) is $54.62 billion. The corporation generated $56.32 billion in revenue in 2021, an increase from $54.12 billion in revenue in 2020.


    Founded: 15 May 1857
    Headquarters:

    • Santander (legal headquarters) and Boadilla del Monte,
    • Community of Madrid (operating headquarters), Spain

    Website: www.santander.com

    Screenshot via 	www.santander.com
    Screenshot via www.santander.com
    Screenshot via 	www.santander.com
    Screenshot via www.santander.com
  4. Top 4

    BBVA

    an Argentine financial firm called BBVA Argentina, formerly known as BBVA Banco Francés. The earliest private bank in Argentina was established on October 14, 1886, in Buenos Aires as Banco Francés del Ro de la Plata (French Bank of the River Plate). Inaugurated in 1926, its Jorge Bunge-designed Beaux-Arts headquarters

    In 1968, Morgan Guaranty Trust purchased a 50% stake in the bank; however, a decade later, the New York-based bank sold the majority of these shares to Alpargatas, a significant regional industrial company. The Banco Francés increased from 15 branches to 62 during the 1980s, despite the country's economic problems, and in 1986 it formed a joint venture with Bankers Trust Corporation. Alpargatas engaged in a second joint venture with Merrill Lynch in 1992 after selling its part to local entrepreneur Eduardo Constantini in 1991.


    BBVA Argentina's market cap was $0.99 billion as of March 2023. By market valuation, this places BBVA Argentina as the 4621st most valuable firm in the entire world. The most recent financial reports from BBVA Argentina show that the company's current revenue (TTM) is $2.36 billion. The business generated $1.70 billion in revenue in 2021.


    Founded: 14 October 1886
    Headquarters: Buenos Aires, Argentina
    Website: bbva.com.ar

    Screenshot via  	bbva.com.ar
    Screenshot via bbva.com.ar
    Screenshot via  	bbva.com.ar
    Screenshot via bbva.com.ar
  5. Top 5

    American Express

    With its headquarters in New York City, the American Express Company is an international financial services company with a focus on credit and debit cards. It is among the 30 firms that make up the Dow Jones Industrial Average and one of the most valuable companies in the entire globe. The company's well-known traveler's checks, charge cards, and credit cards bear the gladiator or centurion that serves as the emblem, which was adopted in 1958. It maintains its corporate offices in the American Express Tower in the Lower Manhattan area of Battery Park City. They are the world's biggest supplier of traveler's checks.


    The business, which began operations in 1850 as an express mail dispatcher, began offering banking and travel services to customers in the early 1900s. The first paper charge card from American Express was created in 1958, followed by the gold card in 1966, the green card in 1969, the platinum card in 1984, and the centurion card in 1999. The 1975 and 2005 iterations of the "Don't Go Home Without It" advertising campaign were launched.


    Through its ownership of a part of Shearson Lehman Hutton, the company made and sold investments in the brokerage sector during the 1980s. In the 1990s, they stopped reducing interchange fees for businesses that only took their cards and used focused marketing initiatives to increase their market share. A bank holding company was formed during the financial crisis of 2008. In 2013, the company introduced its airport lounge amenity.


    American Express' market value was $118.46 billion as of March 2023. By market cap, this places American Express as the 104th most valuable firm in the entire globe. The most recent financial reports from American Express indicate that the company's current revenue (TTM) is $52.56 billion. The corporation generated $43.14 billion in revenue in 2021, an increase from $36.08 billion in revenue in 2020.


    Founded: March 18, 1850
    Headquarters: 200 Vesey StreetManhattan, New York City, NY 10285, United States
    Website: americanexpress.com

    Screenshot via  	americanexpress.com
    Screenshot via americanexpress.com
    Screenshot via  	americanexpress.com
    Screenshot via americanexpress.com
  6. Top 6

    Citigroup

    With its headquarters in New York City, Citigroup Inc., also known as "Citi," is an American global investment bank and financial services company. Financial juggernaut Travelers Group and banking behemoth Citicorp merged to form the company in 1998; Travelers was later split off from the corporation in 2002. The holding company for Citibank, Citicorp, as well as a number of foreign subsidiaries are owned by Citigroup. Citigroup is a Delaware-based corporation.

    Together with JPMorgan Chase, Bank of America, and Wells Fargo, Citigroup is one of the Big Four American banks and the third-largest financial institution in the country. The Financial Stability Board classifies it as a systemically important bank, and it is frequently referred to as being "too large to fail."


    Together with JPMorgan Chase, Bank of America, and Wells Fargo, Citigroup is one of the Big Four American banks and the third-largest financial institution in the country. The Financial Stability Board classifies it as a systemically important bank, and it is frequently referred to as being "too large to fail." It belongs to the Bulge Bracket's eight international investment banks.


    Citigroup's market capitalization as of March 2023 is $88.01 billion. By market cap, Citigroup is now the 154th most valuable corporation in the world. The most recent financial reports from Citigroup indicate that the company's current revenue (TTM) is $75.30 Billion. The company's revenue in 2021, which was $72.22 billion, was lower than its revenue in 2020, which was $75.76 billion.


    Founded: October 8, 1998
    Headquarters: 388–390 Greenwich St.New York City, New York, U.S.
    Website: citigroup.com

    Screenshot via 	citigroup.com
    Screenshot via citigroup.com
    Screenshot via 	citigroup.com
    Screenshot via citigroup.com
  7. Top 7

    Itaú Unibanco

    Ita Unibanco is a financial services provider with its head office in Sao Paulo, Brazil. Ita Unibanco was created in 2008 with the union of Banco Ita and Unibanco. It is the biggest bank in Brazil, the biggest in Latin America, and the 71st biggest bank in the entire globe. The bank is listed on the NYSE in New York and the B3 in Sao Paulo.

    Ita Unibanco
    is active in the following countries: China, Hong Kong, Japan, the United Arab Emirates, and Argentina, Brazil, Chile, Colombia, Panama, Paraguay, the United States, and Uruguay in the Americas. It has more than 33,000 service locations worldwide, including 4,335 branches in Brazil, as well as almost 45,000 ATMs and 55 million customers.

    Its parent firm is Itasa, a sizable Brazilian conglomerate that is included among the top 500 global corporations by Fortune magazine. Asuncion, Buenos Aires, Cayman Islands, Dubai, Hong Kong, Lisbon, London, Luxembourg, Montevideo, Nassau, New York City, Miami, Santiago, Shanghai, Tokyo, and Zurich are among the locations outside of Brazil where Ita Unibanco has offices. The bank was regarded as Brazil's most valuable brand in 2022.


    Ita Unibanco's market cap was $44.57 billion as of March 2023. This places Ita Unibanco as the 367th most valuable company in the world according to market cap. The most recent financial reports from Ita Unibanco indicate that the company's current revenue (TTM) is $26.90 billion. The corporation generated $22.50 billion in revenue in 2021, an increase from $17.44 billion in revenue in 2020.


    Founded: 4 November 2008
    Headquarters: São Paulo, São Paulo, Brazil
    Website: www.itau.com

    Screenshot via  	www.itau.com
    Screenshot via www.itau.com
    Screenshot via  	www.itau.com
    Screenshot via www.itau.com
  8. Top 8

    Galicia Financial Group

    The Buenos Aires-based financial services holding company Grupo Financiero Galicia has the fifth-largest banking operations in Argentina and the largest among all domestically owned commercial banks. A group led by Manuel Escasany, a Galician jeweler and clock manufacturer, created the bank in 1905 under the name Banco de Galicia y Buenos Aires. The name refers to both the Spanish Argentine immigrant group from that region and the Escasanys, the largest initial shareholders, who were of Galician descent (who were second only to Italian Argentines in number)


    Galicia Financial Group's market cap was $3.87 billion as of March 2023. By market cap, Galicia Financial Group is now the 2742nd most valuable corporation in the world. The most recent financial reports from Galicia Financial Group show that the company's current revenue (TTM) is $2.96 billion. The company generated $2.66 billion in revenue in 2020, a decline from $2.77 billion in revenue in 2019.


    Founded: 1905
    Headquarters: Buenos Aires, Argentina

    Website: www.gfgsa.com

    Screenshot via	www.gfgsa.com
    Screenshot via www.gfgsa.com
    Screenshot via 	www.gfgsa.com
    Screenshot via www.gfgsa.com
  9. Top 9

    Western Union

    An international American provider of financial services, The Western Union Company is based in Denver, Colorado. The Western Union Telegraph Company was established in Rochester, New York, in 1851 as the New York and Mississippi Valley Printing Telegraph Company. After combining with numerous other telegraph firms, the corporation adopted its current name in 1856.


    In addition to its main business of transmitting and delivering telegram messages, it developed a variety of telegraph-related services, including wire money transfer, and dominated the American telegraphy industry from the 1860s until the 1980s.


    Western Union's market capitalization was $4.13 billion as of March 2023. By market capitalization, Western Union is now the 2654th most valuable corporation in the world. The most recent financial reports from Western Union indicate that the company's current revenue (TTM) is $4.47 billion. The company generated $5.07 billion in revenue in 2021, an increase from $4.83 billion in revenue in 2020.


    Founded: 1851
    Headquarters: Denver, Colorado, U.S.
    Website: westernunion.com

    Screenshot via 	westernunion.com
    Screenshot via westernunion.com
    Screenshot via 	westernunion.com
    Screenshot via westernunion.com



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