Digitalization has changed the way how people interact with each other and how they pursue their business activities. Similarly, the advancements and emergence of new banking technologies are continuing to influence the future of financial services around the globe. Digitalization and automation will continue to bring structural adjustments in the size of the bank industry workforce.

Banks diversified industry is known for its diversified services to its customers according to their needs. Financial companies provide various financial services to various institutes, governments, consumers, and various corporations. Diversified financial services company provides banking, investment, mortgage, and various products and services to businesses, institutions, and individuals, around the world.

Here are the top best-performing companies in the diversified banking sector which are following new market trends to provide the best services to customers:

Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C) shares were trading down -6.94% at $44.81 at the time of writing on Tuesday. Citigroup Inc. (NYSE:C) share price went from a low point around $32.00 to briefly over $83.11 in the past 52 weeks, though shares have since pulled back to $44.81. C market cap has remained high, hitting $93.20B at the time of writing, giving it a price-to-sales ratio of more than 1.

Federal regulators are gearing up to reprimand Citigroup Inc for failing to improve its risk-management systems. Citigroup Inc. (NYSE:C) has earlier disclosed its long-term partnership with Wayfair to provide a new private label Wayfair credit card and a co-brand Wayfair Mastercard. The decision of partnership came after Citigroup saw an increase in demand for online shopping. If we look at the recent analyst rating C, Odeon downgraded coverage on C shares with a Sell rating and a $69.21 price target, which implies room for 24.4% upside momentum this year.

Bank of America Corporation (NYSE: BAC)

Bank of America Corporation (BAC) last closed at $25.28, in a 52-week range of $17.95 to $35.72. Bank of America has announced redemption of senior notes. The redemption price for each series of the Senior Notes will be equal to 100% of the principal amount of such series, plus accrued and unpaid interest. It also excludes, the redemption date of October 1, 2020. Analysts have a consensus price target of $28.61.

JPMorgan Chase & Co. (NYSE: JPM)

JPMorgan Chase & Co. (NYSE: JPM) Shares headed falling, lower as much as -3.11%. The most recent rating by Deutsche Bank, on September 03, 2020, is at a Buy. JPMorgan Chase & Co. (JPM) and BlackRock Inc both entered into a partnership agreement with AI technology startup Saphyre to automate the opening of custody accounts. It was also the winning bidder on $900 million of New York Metropolitan Transportation Authority debt to finance subway, bus, and commuter-rail capital projects as the transit agency.

Credit Suisse Group AG (NYSE: CS)

Credit Suisse Group AG (NYSE: CS) stock drop by -2.41% to $10.92. The most recent rating by Exane BNP Paribas, on September 03, 2020, is at an Outperform. Credit Suisse Group AG (CS) and UBS Group are planning to create one of Europe’s largest banks. Credit Suisse has announced that it will launch a digital banking app in October challenging fintech like Revolut in the Swiss bank’s home market by offering free foreign transactions and fully digital wealth management.

The Toronto-Dominion Bank (NYSE: TD)

The Toronto-Dominion Bank (NYSE: TD) stock drop by -0.27% to $47.95 after TD has introduced its annual TD Thanks You campaign. The campaign aimed at thanking and rewarding those who are making an impact in their communities during this ongoing pandemic.  The most recent rating by Barclays, on August 19, 2020, is at an Equal-weight.

UBS Group AG (NYSE: UBS)

UBS Group AG (NYSE: UBS) stock drop by -1.84% to $12.29 after UBS YES INVESTORS: Dimond Kaplan & Rothstein, P.A. has lodged another FINRA Arbitration claim to recover yield enhancement strategy options losses. The FINRA claim stated that UBS misreport the risks of its options program and failed to use proper risk controls. The most recent rating by Berenberg, on May 04, 2020, is at a Hold.

Mitsubishi UFJ Financial Group Inc. (NYSE: MUFG)

Mitsubishi UFJ Financial Group Inc. (NYSE: MUFG) fall -0.24% after losing more than -$0.01 on Tuesday. Alphabet, Google’s parent company, Drager, and Peloton are the finalists for the AFP 2020 Pinnacle Award. The Pinnacle Award was sponsored by Mitsubishi UFJ Financial Group MUFG. The Pinnacle Award was established in 1997 to recognize excellence in treasury and finance.

Barclays PLC (NYSE: BCS)

Barclays PLC (NYSE: BCS) Shares headed falling, lower as much as -1.32%. The most recent rating by Investec, on July 10, 2020, is at a Buy. Barclays PLC has earlier disclosed that it will use its issuer call option and redeem, in full, its iPath MSCI India Index ETNs due December 18, 2036, on September 25, 2020.  Previously, Apple Inc revealed on Tuesday that it has ended its long-time card partnership with Barclays Plc. The decision was taken to move designed to focus attention on its own Apple Card product-financing plans.

HSBC Holdings plc (NYSE: HSBC)

HSBC Holdings plc (NYSE: HSBC) last closed at $20.71, in a 52-week range of $20.54 to $39.69. Analysts have a consensus price target of $22.56. HSBC Holdings plc (HSBC) has earlier revealed that it has launched the Thought Leadership Webinar Series during climate week NYC. Climate Week NYC is one of the largest international summits focused on climate change. It will be hosted in association with the United Nations and the City of New York.

Wells Fargo & Company (NYS: WFC)

Wells Fargo & Company (NYSE: WFC) stock soar by 0.28% to $24.88. The most recent rating by Wolfe Research, on September 14, 2020, is at an Outperform. Wells Fargo & Company (WFC) share price went from a low point around $22.00 to briefly over $54.75 in the past 52 weeks, though shares have since pulled back to $24.88. Wells Fargo & Company (WFC) market cap has remained high, hitting $101.16 billion at the time of writing.

Banco Santander S.A. (NYSE: SAN)

Banco Santander S.A. (NYSE: SAN) fall -1.40% after losing more than -$0.03 on Tuesday. Banco Santander S.A. (SAN) shares fluctuated between the 52-weeks low range of $1.90 and a high range of $4.42. It has moved up 11.58% from its 52-weeks low and moved down -52.04% from its 52-weeks high. Banco Santander S.A.’s market capitalization has remained high, hitting $36.23 billion at the time of writing.

Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA)

Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA) last closed at $2.82, in a 52-week range of $2.64 to $5.80. Analysts have a consensus price target of $2.94. Banco Bilbao Vizcaya Argentaria S.A. (BBVA) share price went from a low point around $2.10 to briefly over $6.31 in the past 52 weeks, though shares have since pulled back to $3.14. Banco Bilbao Vizcaya Argentaria S.A. market cap has remained high, hitting $1.16 billion at the time of writing.

ING Groep N.V. (NYSE: ING)

ING Groep N.V. (NYSE: ING) fall -0.95% after losing more than -$0.08 on Tuesday. ING Groep N.V. (ING) shares fluctuated between the 52-weeks low range of $4.52 and a high range of $12.44. It has moved up 84.07% from its 52-weeks low and moved down -33.12% from its 52-weeks high. ING Groep N.V.’s market capitalization has remained high, hitting $32.89 billion at the time of writing.

NatWest Group plc (NYSE: NWG)

NatWest Group plc (NYSE: NWG) Shares headed falling, lower as much as -1.15%. NatWest Group plc (NWG) share price went from a low point around $2.40 to briefly over $6.76 in the past 52 weeks, though shares have since pulled back to $2.57. NatWest Group plc. market cap has remained high, hitting $16.18 billion at the time of writing.

Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG)

Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG) last closed at $5.91, in a 52-week range of $4.49 to $7.56. Analysts have a consensus price target of $9.26. Sumitomo Mitsui Financial Group Inc. (SMFG) fluctuated between the 52-weeks low range of $4.49 and a high range of $7.56. It has moved up 31.36% from its 52-weeks low and moved down -21.83% from its 52-weeks high. Sumitomo Mitsui Financial Group Inc.’s market capitalization has remained high, hitting $40.47 billion at the time of writing.