Financial sector
In a narrower sense, the banks, insurance companies and capital management companies in a state or economic territory such as the EU. – In a broader sense, it also includes – all institutions serving the arrangement of transactions (trading venues such as stock exchanges), – companies providing ancillary services (such as cash handlers or Internet services providing quotes to the public) and sometimes even – educational institutions for employees. In the case of corresponding statistics, therefore, very close attention must be paid in each case to the conceptual delimitation. – In Germany, just over three percent of all employees worked in the financial sector at the end of 2012; that is more than in the automotive industry and also more than in mechanical engineering. – See financial sector, financial industry, financial center, financial system, financial world, credit intermediation platform, structural conservatism. – See BaFin Annual Report 2004, p. 26 (detailed overview, going back to 1999), BaFin Annual Report 2009, p. 33 (detailed overview 2000 to 2009) as well as the respective BaFin Annual Report, chapter “Economic Environment” with the respective updated overview.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
