The financial industry encompasses a wide range of services that manage money and investments. This includes banks, insurance companies, investment firms, and credit unions. These institutions help individuals and businesses save, borrow, and invest their money, facilitating economic growth and stability. Additionally, the financial industry plays a crucial role in the global economy by providing services such as financial planning, asset management, and risk assessment. It also includes regulatory bodies that ensure fair practices and protect consumers, contributing to a stable financial environment for everyone involved.