Financial services can seem confusing – from the technical language, to the huge variety of sectors and careers in finance.
Broadly, 'financial services' means the variety of products, services and facilities provided by the finance industry, which covers a huge spread of organisations that manage money. These range from providing bank accounts to individuals, to developing complex computer models to help governments trade and raise money.
Every person, company or industry in the world needs services to help them manage their money, protect them from unforeseen events or provide credit or loans. This is why financial services are so important.