Globe 100

Top financial services companies

The credit crunch and subprime mortgage mess hit financial stocks hard in the second half of last year. Boston Private and student loan specialist First Marblehead were hit hardest, suffering one-year drops of 62 and 83 percent, respectively, for the year ending March 31. Bellwether State Street, though it took some writeoffs for investments related to subprime mortgages, performed well after completing its acquisition of crosstown rival Investors Financial Services. Ranked by revenue in 2007.
  Company Revenue (millions) Change (percent)
1 State Street Corp. $8,329.0 32.3
2 Hanover Insurance Group $2,786.8 5.4
3 OneBeacon Insurance Group Ltd. $2,261.7 -7.3
4 Commerce Group $1,992.4 2.2
5 Affiliated Managers Group $1,369.9 17.0
6 Eaton Vance Corp. $1,130.7 25.8
7 First Marblehead Corp. $798.6 0.5
8 Interactive Data Corp. $689.6 12.6
9 Safety Insurance Group $670.1 -1.6
10 Boston Private Financial Holdings $378.7 11.8
SOURCE: Standard & Poor's Compustat

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