Western Union Company (NYSE:WU) is the world's largest money transfer company by transaction volume.^[1][2] The money transfer industry is susceptible to fluctuating economic conditions. This was the case during the financial crisis as consumers transfered less money. Western Union has historically focused on the US, so economic pressure in the region are particularly important. To mitigate this dependence, Western Union has moved to expand in developing countries like India and China.^[3]For the full year 2010, WU's total revenues amounted to $5.2 billion.^[4]

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