StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Financial Institutions Strategic Management The USA Banking Industry - Case Study Example

Comments (0) Cite this document
Summary
This case study "Financial Institutions Strategic Management – The USA Banking Industry" discusses the severe failures in managing risks related to banking activities that led to the recession of 2008, which still negatively influences markets worldwide…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER99% of users find it useful
Financial Institutions Strategic Management The USA Banking Industry
Read TextPreview

Extract of sample "Financial Institutions Strategic Management The USA Banking Industry"

Download file to see previous pages Reference is made to the factors that have most affected the above industry’s performance but also to the factors that would continue to influence the particular industry in the future. The research developed in regard to the specific subject has led to the assumption that the USA banking industry has been highly supported, as of its establishment and further growth, by politicians and analysts; however, the relevant plans have often failed to meet the criteria set by their initiators. The need for radical changes in the sector’s strategic choices is clear; certain trends, as for example, the need for hiring stars for improving organizational performance, have been eliminated. In any case, problems related to the specific organizational sector should be resolved by continuously updating the strategies of the industry’s firms, as appropriate, so that their goals are continuously aligned with the market rules and ethics.

The development of the banking industry in the USA has been gradual. In fact, in USA banks have always been a key factor for economic growth (Coulbeck 1984). The establishment of the USA banking industry has been related to the Glass-Steagall Act of 1933, which has emphasized the categorization of the sectors of ‘the financial services industry, as following: commercial banking, investment banking, and insurance’ (Koch and Scott 2009, p.2). Other legislative texts that followed, especially ‘the Bank Holding Company Act of 1956’ (Koch and Scott 2009, p.2), set the rules on which the activities of banks across the USA should be based.

The literature indicates that the establishment of bank branches across the country has been related to certain geographic criteria. In the study of Coulbeck (1984), the emphasis is given on the following fact: in the USA, banking activities have been always quite developed; in 1940 the banks operating across the USA were estimated to 5,144 while in 1980 the above number has been decreased to 4,425. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Financial Institutions Strategic Management The USA Banking Industry Case Study, n.d.)
Financial Institutions Strategic Management The USA Banking Industry Case Study. Retrieved from https://studentshare.org/finance-accounting/1594249-financial-institutions-strategic-management
(Financial Institutions Strategic Management The USA Banking Industry Case Study)
Financial Institutions Strategic Management The USA Banking Industry Case Study. https://studentshare.org/finance-accounting/1594249-financial-institutions-strategic-management.
“Financial Institutions Strategic Management The USA Banking Industry Case Study”. https://studentshare.org/finance-accounting/1594249-financial-institutions-strategic-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Financial Institutions Strategic Management The USA Banking Industry

Total Quality Management of Bank Muscat

I am sincerely indebted to Mr. Majed Ambusaidy, the manager of quality department in Bank Muscat and his assistant, Yasser Al-Raisi, for helping me gather much information for my researching needs.
Any corporation values its customers for they believe that customers are as important as the human capital of the company. Usually, customers dictate the needs and requirements whilst the company develops and provides these needs. In case the customer is not satisfied with the outcome of the product or service rendered, negative implications set in against the enterprise. It may affect not only the customer per se, but it also subjects the entire organization’s reputation at risk. Not to mention the loss incurred as the custo...
72 Pages(18000 words)Case Study

Management Project of Happy Tots Child Care Centre

Scope, time and cost are the restrictions that are acting upon the project management progression. This constraint can also be connected with one of the knowledge areas of Project Management (Bass et al. 2003).
Project Management Plan: For effective project management, the basic step that should be taken is to collect the information that is necessary for developing the project plan and then make flowcharts for the plan (Kenneth, 1999).
Project Scope Management: takes account of the processes required to make certain that the project includes all the work required, and only the work required, to complete the project successfully (Bass et al. 2003).
The project is a database project that will involve the development...
7 Pages(1750 words)Lab Report

Business Management Framework in Educational Organizations

The organizational structure should be present to guarantee clear divisions of authority, responsibility, communication, and control. The second component is the generation of the organization situations for successful implementation such as culture, communications, reward and incentives systems, training, and control (Fonseca 2002).

Two basic theoretical paradigms to business management framework could be identified. The first puts considerable emphasis on structural frameworks to change and involves an issue with organizational design as well as the linkage between organization and environment. This point of view puts less importance upon human activity and the way individuals try to understand or make sense of the wo...
6 Pages(1500 words)Case Study

MA Strategic Marketing Communication

The methods of data collection used are primary research data collected by the help of interviews and questionnaires. The questionnaires used in this study are close-ended questions with the focus just being significantly on the opinions of the customers in the form of specific answers.

Esprit is one of the leading global brands with franchises all over the world. The company has a high profile brand image and a great sense of the modern fashion industry. The company was established in the year 1968 as a San Francisco based firm in the fashion clothing industry that manages 630 retail stores and serves at least 9700 wholesale customers in 44 countries. The focus in these modern times is not on quantity but rather on pro...
72 Pages(18000 words)Research Paper

Political Environment in the USA

The government of the United Kingdom today is stable with no possible threats of destabilization in the future. The overall impact of the political environment compels the firm to follow the standards set by the government in order to operate in the industry that may be termed as added costs. Taxation is not much too; hence the fast food industry is currently thriving and growing rapidly.

The economic condition of the country is favorable. Although the whole world has been hit with a recession, including the United Kingdom, it has brought great news for the fast-food industry. According to reports, there has been a growth of 8% in the fast-food industry; the major brands which were successful were Domino’s Eat and...
8 Pages(2000 words)Assignment

The Understandability of Financial Statements

An accounting conceptual framework has been defined by AT Foulks Lynch as a “coherent system of interrelated objectives and fundamentals that should lead to consistent standards that prescribe the nature, function, and limits of financial accounting and financial statements.” (Christopher J Pyke, page 1)i
In 1989 IASB published its framework for the preparation and presentation of financial statements. The framework is not a standard. However, IAS 1 (Presentation of Financial Statements) converted many ideas of the framework as instructions for entities. The framework of IASB suggests that fair presentation of financial statements may also be stated as providing a ‘true and fair view’. These are Europe...
8 Pages(2000 words)Assignment

Difficulty in Operations and Service Management

The unique nature of every service makes the evaluation of quality extremely difficult. Let’s take the case of a doctor. The doctor might be thinking that when he is knowledgeable, is able to provide correct treatment to his patients, has the latest equipment and techniques and the required number of support staff, he is delivering good service. The patients, on the other hand, might be including the friendliness of the doctor and the support staff as well in the list of parameters to call the service as good. If they do not get this, the service quality provided is poor.
The parameters included calling the doctor's service as quality service may also differ from person to person. Some of the patients might be finding e...
8 Pages(2000 words)Assignment

Scientific Management and Human Relations Approach

For many years, a huge number of experts (Donnelly, pp. 24-33, 2008) have been trying to define the term management; however, analysis has indicated that management is itself a vast terminology that constitutes various aspects of an organization. For some, management is something that involves people. For some experts, management is an art that includes strokes that incline individuals to perform the required tasks in an efficient manner. Due to such a broad scope of management, until now, one can come across various management theories that propose different and diverse methodologies to manage people in an organization, such as classical theory, neo-classical theory, behavioral management theory, etc. As earlier mentioned, this p...
6 Pages(1500 words)Assignment

What Is So Valuable about Strategic Planning

It is concerned with the assessment of the background on which the business operates to understand the best actions that can assist in accomplishing the organization’s long term objectives and overall mission (Nolan, et al. 2008).
The strategic plan acts as the basis for the organization’s activities. It is important for successful operations for the business. The development of the techniques for management is usually based on the strategic plan. In the products and services business, the strategic plan will assist in maintaining competitiveness despite the existing competition. This is because all the actions will be carried out after a careful analysis carried out while developing a strategic plan. It sets out...
6 Pages(1500 words)Essay

Understanding of Customer Relationship Management Strategies Pursued by Vodafone PLC

With the increased globalization and competition, it has become very difficult to maintain customer loyalty. The same has been experienced by UK mobile service providers. Customer retention is an acute problem for companies. It has been found that the lack of proper customer relationship management is mainly responsible for this global issue. Vodafone Group Plc, UK’s largest telecommunication company has been selected for undertaking the research to determine the root cause of this problem and to investigate other relevant reasons. A report of 2009 published by the company reveals that there are severe problems related to customer retention. It is well known that the mobile phone industry has boomed over the last eight years...
19 Pages(4750 words)Research Proposal
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Financial Institutions Strategic Management The USA Banking Industry for FREE!

Contact Us