New York is known as the financial capital of the world. The city hosts the headquarters of numerous top companies belonging to diverse sectors ranging from clothing, and oil, to casinos. These corporate giants not only dominate the local market but also have a significant influence on the global stage. The presence of these New York companies illustrates the city’s prowess in nurturing businesses that end up employing a lot of employees. The blend of cultures, immense market access, and favorable business policies in New York provide a conducive environment for businesses to thrive.
Deloitte
| Aspect | Details |
| Sphere of Business | Audit, Consulting, Gaming Advisory |
| Number of Employees | 415,000 |
| Date of Foundation | 1845 |
| Revenue | US$59.3 billion (2022) |
| Headquarters Location in NY | 30 Rockefeller Plaza |
Deloitte’s journey began in 1845, and over the years, it has established itself as a trusted advisor to many top companies worldwide. With its headquarters located at 30 Rockefeller Plaza in New York, Deloitte continues to be at the forefront of offering industry-leading services to its clients.
Deloitte’s gaming division provides a holistic approach to clients in the casino industry, matching services with every phase of a casino’s lifecycle, from inception, planning, and development, to operation. This includes strategic visioning, regulatory compliance, financial planning, construction advisory, and even addressing the intricate details of casino operations, ensuring a forward-looking resource plan for a successful grand opening and beyond.
Mastercard Incorporated
| Aspect | Detail |
| Sphere of Business | Payment Solutions, Technology, Advisory Services |
| Number of Employees | 29,900 |
| Date of Foundation | 1966 |
| Revenue | US$22.24 billion (2022) |
| Headquarters Location in NY | 2000 Purchase St, New York, 10577-2405 |
Mastercard Incorporated is a leading business among New York companies, with a rich history dating back to 1966. Its journey began as a cooperative owned by over 25,000 financial institutions issuing its branded cards, evolving to a publicly traded entity in 2006. Now, as a multinational payment and technology firm, it provides an array of payment solutions, including credit, debit, prepaid, and commercial cards, along with digital and real-time account-based payments.
Mastercard has readily adapted to the digital shift, particularly in the realm of online service platforms, with a significant focus on online casinos. The range of casinos that accept payment via MasterCard adheres to regulatory requirements providing a smooth gaming experience for players. This ease of transaction further emphasizes Mastercard’s integral role in the burgeoning online gaming industry. Through its secure and efficient payment processing, Mastercard has established itself as a dependable ally for both online gaming operators and players. As online casinos have gained prominence, the demand for trustworthy and expedient payment methods has surged.
PwC
| Aspect | Detail |
| Sphere of Business | Professional Services |
| Number of Employees | 364,000 (2023) |
| Date of Foundation | 1998 (PricewaterhouseCoopers) |
| Revenue | US$53.1 billion (2023) |
| Headquarters Location in NY | 300 Madison Avenue, New York, NY 10017 |
PwC or PricewaterhouseCoopers, has a long-standing history dating back to 1849 and 1854 from its predecessors Price Waterhouse and Coopers & Lybrand. The fusion in 1998 gave rise to a professional services titan offering a range of services like assurance, tax advisory, and management consulting among others.
In 2023, PwC reported a record revenue of $53.1 billion, showcasing its strong market position. A PwC article highlighted consumers’ inclination towards higher-risk gambles in the new consumer decision journey, demonstrating its market analysis acumen.
ABM Industries
| Aspect | Detail |
| Sphere of Business | Integrated Facility Services |
| Number of Employees | 140,000 |
| Date of Foundation | 1909 |
| Revenue (2022) | US$6.5 billion |
| Headquarters Location in NY | One Liberty Plaza, 7th FL, New York, NY 10006, U.S. |
ABM Industries is a seasoned player in the realm of integrated facility services and solutions, dating back to its inception in 1909. The company extends its services across various domains like Business and Industry, Manufacturing and Distribution, Education, Aviation, and Technical Solutions, providing end-to-end facility management solutions in diverse geographical settings ranging from urban to rural areas.
Pfizer Inc
| Aspect | Detail |
| Sphere of Business | Biopharmaceuticals |
| Number of Employees | ~83,000 |
| Date of Foundation | 1849 |
| Revenue | US$100.3 billion (2022) |
| Headquarters Location in NY | 66 Hudson Yards, New York, NY 10001 |
Pfizer Inc. is a well-established name in the biopharmaceutical sector, discovering, developing, manufacturing, and commercializing a wide array of products. The company focuses on treating various conditions including cardiovascular diseases, cancer, immune disorders, and rare diseases among others.
JPMorgan Chase & Co.
| Aspect | Detail |
| Sphere of Business | Banking and Financial Services |
| Number of Employees | 308,669 (2023) |
| Date of Foundation | 1799 (The Manhattan Company founded) / 2000 (Merger forming JPMorgan Chase & Co.) |
| Revenue | US$128.7 billion (2022) |
| Headquarters Location in NY | 383 Madison Avenue, New York, NY 100175. |
JPMorgan Chase & Co. is a well-established banking and financial services company with roots tracing back to 1799 when The Manhattan Company was founded. Over the centuries, it absorbed more than 1,200 predecessor institutions, evolving into a financial behemoth. The modern entity was formed in 2000 by the merger of J.P. Morgan & Co. and The Chase Manhattan Corporation, inheriting a legacy of financial excellence and innovative banking services.
In 2023, JPMorgan Chase & Co. continued its trajectory of digital transformation, especially in the realm of resorts, gaming, and entertainment, aligning with evolving consumer behaviors and technological advancements. The company’s insights within digital transformation for these industries could potentially shape the future of the casino industry, enhancing user experiences and business operations alike.
American Express
| Aspect | Detail |
| Sphere of Business | Financial Services |
| Number of Employees | 77,300 |
| Date of Foundation | 1850 |
| Revenue | US$50.68 billion |
| Headquarters Location | 200 Vesey Street, New York, NY 10285 |
American Express, a multinational financial services corporation, has a rich history dating back to 1850. Originating from New York, this enterprise has grown into a global leader in the financial sector, offering a variety of services including credit card and charge card products.
Verizon Communications
| Aspect | Detail |
| Sphere of Business | Telecommunications |
| Number of Employees | 117,100 (December 2022) |
| Date of Foundation | 1983 (as Bell Atlantic) |
| Revenue | US$136.8 billion (2022) |
| Headquarters Location in NY | 1095 Avenue of the Americas, New York, NY 10036 |
Verizon Communications is a global leader in delivering the promise of the digital world. Verizon Wireless operates America’s most reliable wireless network, with 113.3 million retail connections nationwide. Besides, the company also provides converged communications, information, and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide.
Morgan Stanley
| Aspect | Detail |
| Sphere of Business | Financial Services |
| Date of Foundation | 1935 |
| Number of Employees | 80,257 (2022) |
| Revenue | US$53.7 billion (2022) |
| Headquarters Location in NY | 1585 Broadway, New York, NY 10036 |
Morgan Stanley is a top financial firm that offers banking, investment, and wealth management services. Morgan Stanley operates in 42 countries worldwide and serves various clients, such as corporations and individuals.
Bottom Line
New York’s stature as the global financial nucleus is fortified by its array of business titans spanning multiple sectors. Deloitte, Mastercard, PwC, ABM Industries, Pfizer, JPMorgan Chase, American Express, Verizon, and Morgan Stanley are successful companies. They represent the city’s business environment and have a big impact on the global marketplace.
In the financial sector, firms like JPMorgan Chase and Morgan Stanley are paragons of stability and innovation, providing essential services that drive the global economy. In the world of professional services, Deloitte and PwC have set the gold standard, extending their expertise worldwide. Technology and communication are spearheaded by Mastercard and Verizon, while Pfizer remains at the forefront of healthcare innovation. American Express symbolizes trust and reliability, enhancing the lives of countless individuals.
As we conclude our exploration of these nine business titans, we bear witness to New York City’s enduring legacy as a global economic powerhouse. In New York, where ambition knows no bounds, these companies have carved their mark, symbolizing the city’s pivotal role in the ever-evolving global business arena.
