Top 20 largest UK finance companies 2020
The financial sector is the backbone of the British economy, a critical support for all business operations. Banks, insurance companies and financial services enable vital financial activities, payment or savings solutions, availability of credit or capital, risk mitigation and accuracy of financial information.
The major British financial companies are involved in a wide range of operations, along with the flows of money and capital in the business cycle. By offering high value-added financial products and services that provide high returns on investment, UK finance companies naturally also face very tough competition from domestic and foreign financial sector players.
The confrontation between financial services companies, multiple types of banks, insurance companies and broader financial players fighting for market share creates a changing environment where companies specialize, diversify and acquire others to achieve higher returns, reduce your costs, better cover your risks. and find safer investments.
However, in addition to competition across different financial verticals, and the confusion of European financial affairs brought on by Brexit, a critical and important new threat facing financial companies is the disruption of traditional startups. Among the UK’s largest startups, some of the most famous FinTech and InsurTech startups are very serious threats to traditional British finance companies.
As these startups reach a large share of the market, they gain financial power and leverage from their customer base. This is often summed up for them by “unicorn” status, meaning a startup with a valuation of more than a billion dollars. As they also grow very fast, they bring significant changes in the financial landscape and weigh heavily on the competition thanks to their envied positions.
For now, the largest finance companies remain powerhouses in the UK economy and, despite new challenges, they will likely remain in this position for years to come. Thanks to the UK’s traditional power in global financial affairs, British finance companies will continue to fight domestically and take advantage of their centuries-old experience and networks to maintain their position and continue to expand their presence in the rest of the world.
For more information on other leading companies, check out our other publications:
- Top UK companies
- Largest U.S. Companies
- Top US companies on the Dow Jones
- Top US companies on the Nasdaq
- Top US tech companies
- Top US finance companies
- Top US banks
List of the top 30 British finance companies by market capitalization
To give you a broader understanding of the UK financial sector players, the twenty largest companies doing British finance are listed below, most of them included in the FTSE 100 index. Each company is detailed with submissions from your industry, activities, market capitalization, a direct link to your website, logo and stock symbol.
The finance companies listed below are categorized based on sterling market capitalization, as of the effective close on Friday, February 7, 2020. They are defined as belonging to specific banking, insurance or other financial services industries.
For the full list of the top 100 UK companies that make up the FTSE 100 index, along with the next 250 largest companies included in the FTSE 250 index, and much more information on each company, please see our Excel Spreadsheet of the top 350 UK companies, generally referred to as the FTSE 350 companies.
Shortcuts to each finance company
To make it easier for you to navigate this long list, here are quick links to go directly to the details of any of the top 20 UK financial companies. Be sure to also check the UK’s top 10 finance companies summary after list!
- Hotline group
- IntegraFin
- Phoenix Group
- RSA insurance
- M & amp; G
- St. James’s Place Wealth Management.
- Admiral Group
- Standard Life Aberdeen
- Hargreaves Lansdown
- Schroders
- 3i
- Aviva
- Legal & amp; general
- Standard Chartered
- Royal Bank of Scotland
- London Stock Exchange
- Barclays
- Prudential
- Lloyds banking group
- HSBC
20. Hotline group
Industry: diversified insurance
Direct Line Insurance Group PLC is a diversified insurance company specializing in the sale of insurance, roadside assistance, vehicle recovery, and other financial services over the phone and on the internet. Derived from the insurance division of the Royal Bank of Scotland Group in 2012 through an initial public offering, it operates within the UK through a number of brands including Direct Line, Direct Line for Business, Churchill, Privilege and Green Flag
Website: directlinegroup.co.uk – Market Cap: £ 4.696bn – Stock Symbol: DLG
19. IntegraFin
Industry: asset management
IntegraFin Holdings PLC is a dedicated platform service provider to UK financial advisers and their clients. Through a subsidiary, IntegraFin operates the Transact investment platform, which offers premium services, tax wrappers and a wide variety of assets through its proprietary technology.
Website: integrafin.co.uk – Market Cap: £ 5.091bn – Stock Symbol: IHP
18. Phoenix Group
Industry: life insurance
Phoenix Group is an insurance company, operating primarily in life insurance. By providing life insurance products through its main subsidiary Phoenix Life, Phoenix Group also operates through four other subsidiaries, Phoenix Ireland, SunLife, Standard Life and Pheonix Wealth, which is involved in wealth management.
Website: thephoenixgroup.com – Market Cap: £ 5.673bn – Stock Symbol: PHNX
17. RSA insurance
Industry: diversified insurance
RSA Insurance Group PLC is a multinational general insurance company. Tracing its origins back to 1710, RSA is involved in all segments of personal and commercial insurance for individuals, families, small businesses, and corporations. Providing its services directly, through subsidiaries or local partners in more than 100 countries, RSA is especially present in the UK, Scandinavia, Canada, Ireland and the Middle East.
Website: rsagroup.com – Market Cap: £ 5.908bn – Common Symbol: RSA
16. M & amp; G
Industry: asset management
M & amp; G is an investment management company. By providing a series of savings and investment solutions, M & amp; G participates through various funds to invest and manage stocks, fixed income assets and properties, as well as a range of financial products including structured products, leveraged financing, projects and infrastructure. Finance. Tracing its origins back to 1848, M & amp; G is currently majority owned by Prudential (see # 3 below).
Website: global.mandg.com – Market Cap: £ 6.219bn – Stock Symbol: MNG
15. St. James’s Place Wealth Management
Industry: financial conglomerates
St. James’s Place PLC, better known as St. James’s Place Wealth Management, is a private wealth management company. It provides a range of wealth management services, including individual savings accounts, retirement plans, wealth protection, intergenerational wealth management, as well as other financial services, including banking and mortgages, business advice, and advice for individual clients.
Website: sjp.co.uk – Market Cap: £ 6.284bn – Stock Symbol: STJ
14. Admiral Group
Industry: Property and amps; Accident insurance
Admiral Group PLC is an insurance company particularly involved in auto insurance. Known for its brands including Admiral, Elephant, Diamond and Bell, Admiral Group is one of the largest providers of car insurance in the UK, also operating in Spain, Italy, France, the United States, Mexico, Turkey, Canada and India. In addition to insurance companies, the Admiral Group also operates the price comparison websites Confused.com and Compare.com.
Website: admiralgroup.co.uk – Market Cap: £ 6.667bn – Stock Symbol: ADM
13. Standard Life Aberdeen
Industry: asset management
Standard Life Aberdeen PLC is a multinational investment company. It operates in asset management through its subsidiary Aberdeen Standard Investments with stocks, multiple assets, fixed income, real estate and private market funds. Following its roots back to 1825, it is now in wealth management while Phoenix Group operates Standard Life insurance (see # 18 above).
Website: standardlifeaberdeen.com – Market Cap: £ 7.418bn – Stock Symbol: SLA
12. Hargreaves Lansdown
Industry: asset management
Hargreaves Lansdown PLC is a finance company specializing in investment management. Provides investment solutions for UK retail investors, including individual savings accounts, personal pensions, self-investing funds and stocks, and related financial products. Hargreaves Lansdown owns a number of its own funds and underlying funds through multi-manager unit trusts, and also provides other financial services, including advisory, stock brokerage, annuity brokerage and currency services.
Website: hl.co.uk – Market Cap: £ 7.61bn – Stock Symbol: HL.
11. Schroders
Industry: asset management
Schroders PLC is a multinational asset and wealth management company. It provides a wide range of investment solutions for individual and institutional clients, including corporations, public organizations, charities, pension funds, high net worth individuals, and retail investors. Founded in 1804, Schroders now operates in more than 30 countries in Europe, America, Asia, Africa, and the Middle East.
Website: schroders.com – Market Cap: £ 11.071bn – Stock Symbol: SDR
10. 3i
Industry: private equity
3i Group PLC is a multinational investment and management company. Following its origins back to 1945, 3i is dedicated to investing in private equity and venture capital through mid-market purchases, growth capital and infrastructure, in the commercial and financial services, consumer, industrial and energy, and care sectors. medical. In particular, he holds positions in ACR Capital Reinsurance, Action (Dutch discount retailer), Audley Travel (tailor made travel), Scandlines (ferry operator), Q Holding Co (medical devices, elastomeric components, engineering software), Weener Plastic Packaging Group, and Formel D (German auto parts company).
Website: 3i.com – Market Cap: £ 11.166bn – Stock Symbol: III
9. Aviva
Industry: diversified insurance
Aviva PLC is a multinational insurance company. Tracing its origins back to 1696, Aviva is a provider of general insurance, life insurance and pensions. Aviva, the UK’s largest general insurer, operates in 16 countries in Europe, North America and Asia.
Website: aviva.com – Market Cap: £ 15.993bn – Stock Symbol: AV.
8. Legal & amp; general
Industry: life insurance
Legal & amp; General Group PLC, more simply known as Legal & amp; General, is a multinational financial services company. He is involved in investment management, life mortgages, pensions, annuities, and life insurance. Tracing its origins back to 1836, Legal & amp; General now operates primarily in the United Kingdom and the United States, also participating through its investment management activities in the Middle East, Europe and Asia.
Website: legalandgeneralgroup.com – Market Cap: £ 18,445bn – Stock Symbol: LGEN
7. Standard Chartered
Industry: diversified banks
Standard Chartered PLC is a multinational banking and financial services company. From its origins through the 19th century, Standard Chartered operates consumer, corporate and institutional banking and treasury services in more than 70 countries.
Website: sc.com – Market Cap: £ 20,353bn – Stock Symbol: STAN
6. Royal Bank of Scotland Group
Industry: diversified banks
The Royal Bank of Scotland Group PLC, also known as RBS, is a privately owned, partly publicly owned, banking and insurance company. Evolved from its origin in 1707, RBS operates in Europe, North America and Asia through multiple brands offering personal and commercial banking, private banking, insurance and corporate finance, notably The Royal Bank of Scotland, NatWest, Ulster Bank and Coutts.
Website: rbs.com – Market Cap: £ 26.957bn – Stock Symbol: RBS
5. London Stock Exchange
Industry: financial data & amp; Stock exchanges
London Stock Exchange Group is a brokerage and financial information company. Founded in 1801, it operates the UK’s leading stock exchange and the Italian stock exchange, Borsa Italiana. It is also involved in information technology through its Sri Lankan subsidiary, MillenniumIT, and operates the Russell Indexes and FTSE International stock indices, and has majority stakes in the LCH clearinghouse and the MTS fixed income e-commerce market. .
Website: LSEG.com – Market Cap: £ 28.665bn – Common Symbol: LSE
4. Barclays
Industry: diversified banks
Barclays PLC is a British investment bank and financial services company. Tracing its origin to 1690, Barclays is primarily engaged in investment banking with additional services in personal banking, corporate banking, wealth management and investment management.
Website: barclays.co.uk – Market Cap: £ 30.694bn – Stock Symbol: BARC
3. Prudential
Industry: life insurance
Prudential PLC is a multinational life insurance and financial services company. Founded in 1848, it has become a leading provider of insurance and asset management in Asia with Prudential Corporation Asia, one of the largest providers of life insurance in the United States with Jackson National Life Insurance Company, and a leading savings company. and investments in the UK. and Europe with M & amp; G Prudential.
Website: prudentialplc.com – Market Cap: £ 38.005bn – Stock Symbol: PRU
2. Lloyds Banking Group
Industry: regional banks
Lloyds Bank PLC is a retail and commercial bank. Evolved from the Bank of Scotland founded in 1695, Lloyds Banking Group has been active primarily in England and Wales in retail banking, commercial banking, life, pensions and insurance, wealth management and international operations in the US, Europe and the East. Middle and Asia.
Website: lloydsbankinggroup.com – Market Cap: £ 40.006bn – Stock Symbol: LLOY
1. HSBC
Industry: diversified banks
HSBC Holdings PLC is a multinational banking and financial services company, double listed in London and Hong Kong. Founded in Hong Kong and Shanghai in 1865, HSBC has grown to operate in more than 60 countries, with operations in commercial banking, investment banking, retail banking and wealth management, and global private banking.
Website: hsbc.com – Market Cap: £ 118.084bn – Stock Symbol: HSBA
