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

Bank of America Corporation - Research Paper Example

Comments (0) Cite this document
Summary
The paper "Bank of America Corporation" aims at the analysis of Bank of America Corporation as one of the member corporate companies in the US. Formed in 1922, the bank mostly operates under the mission and vision of maintaining the employees’ welfare through training. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Bank of America Corporation
Read TextPreview

Extract of sample "Bank of America Corporation"

Download file to see previous pages One reason why it is important to analyze Bank of America Corporation as a profitable banking sector is its large market share and the amazing offers it provides to its customers in all its branches that puts it as the world’s biggest and wealthiest corporate company, as reported by Giannone (2009). If only the bank can reach out to the opportunities that exist by accommodating even the low-income earners, no doubt it can become the largest banking and financial service centre in the word. It has continued to offer banking and financial services to its clientele in the US.
The bank boasts of featuring as the 13th largest corporate company, according to the CNN fortune 500 company ranking. It has a primary listing base in the United States. It has its headquarters in Charlotte, North Carolina, and enjoys a large market in the banking industry. This shows that the institution has a potential of expanding beyond measure if it decides to be tactical in its operation. Although it has the ability to compete favourably with other banking and financial institutions, it has to up its game since its rival banking institutions are also offering almost the same products.
One thing it should do is to conduct a thorough feasibility study on some of the new range of products not yet tapped by other competitors. By the time competitors become aware of the existence of that particular product, the bank shall have identified another new product altogether. This is the actual utilization of the strengths of an organization to outdo other organizations through taking advantage of their weaknesses. According to a recent Annual Report by Moynihan (2011), the bank features as the second largest in the US by assets having its branches in 50 states in the US and about 40 branches in the world.
The external analysis purely indicates that the bank operates where there is stiff competition almost in all its branches and therefore any mistake made by the bank results in insurmountable losses.    ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Bank of America Corporation Research Paper Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/management/1621058-please-pick-any-fortune-500-company-of-your-choice
(Bank of America Corporation Research Paper Example | Topics and Well Written Essays - 1250 Words)
https://studentshare.org/management/1621058-please-pick-any-fortune-500-company-of-your-choice.
“Bank of America Corporation Research Paper Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/management/1621058-please-pick-any-fortune-500-company-of-your-choice.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Bank of America Corporation

Bank of America Corporation

...? A Strategic Analysis of Bank of America Corporation of A Strategic Analysis of Bank of America Corporation Executive Summary Bank of America Corporation is one of the world’s largest financial institutions with corporate offices located in Bank of America Corporate Center, 100 North Tryon Street, Charlotte, North Carolina 28255. For this report, Bank of America may be referred to as “BofA” and other identifying names for the financial institution. Bank of...
104 Pages(26000 words)Research Paper

Bank of America

...?Bank of America Table of Contents Introduction 3 SWOT Analysis 5 Strengths of Bank of America 5 Weaknesses of Bank of America 7 Opportunities of Bank of America 7 Threats of Bank of America 8 Relevance of the SWOT Analysis on the Investment Decision 8 Internal and External Stakeholders of Bank of America 10 The Needs and Wants of the Shareholders 11 How Does Bank of America Fulfill the Needs of Its Shareholders 11 Conclusion 13 References 14 Introduction Bank of America...
8 Pages(2000 words)Essay

Business Environment and the Analysis of the Financial Health of Bank of America Corporation

...Bank of America – Business Analysis Table of Contents Overview 2 Business Summary of Bank of America Corporation 2 Prevalent Economic and Business Environment 3 Review of the Financial Statements of the Bank of America Corporation 3 Financial Performance Overview of Bank of America Corporation 6 Impact of Globalization on BAC’s Business Strategies 8 Analysis of Bank of America Corporation in Comparison to JPMorgan and Citigroup 8 Products or Services 8 Best Practices and Operational...
10 Pages(2500 words)Essay

Empowerment Strategies in the Service Sector: Bank of America Corporation

...? Empowerment Strategies in the Service Sector A Case Study of the Bank of America Corporation Task Introduction Within the human resources field, there is a broad definition in the provision of services. Every company in the service sector always manoeuvres to meet the needs of people via a knowledge base that is interdisciplinary. For instance, the managers of such companies have often focused on preventing and citing problems before they surface up fully, besides carrying out good maintenance of commitment to the improvement of the quality of service from their staff. Professionals in the human services sector often improve systems of service delivery, since the profession addresses...
6 Pages(1500 words)Case Study

The Bank of America

...? The Bank of America Talent Management The Bank of America Bank of America was founded in 1904 as the Bank ofItaly by Amadeo Giannini. The main intention of the bank at that time was to meet the needs and desires of immigrants residing in the United States. After its expansion after World War I, the bank diversified its products and services for all the Americans. It is at this point that the Bank of Italy merged with the Bank of America founded by Orra Monnette to form the current Bank of America. Upon...
6 Pages(1500 words)Essay

Bank of America

...? BANK OF AMERICA Table of contents CHAPTER I INTRODUCTION 1 Background to the study………………………………………………………………………4 2 Problem Statement and Justification…………………………………………………………4 1.3 Research questions………………………………………………………………………5 1.4 Study Hypothesis ………………………………………………………………………5 1.5 Objectives………………………………………………………………………5 1.5.1 Broad objective………………………………………………………………………5 1.5.2 Specific Objectives………………………………………………………………………5 CHAPTER 2 METHODOLOGY 2.1. Study design………………………………………………………………………6 2.2. Variables………………………………………………………………………6 2.3. Study Area………………………………………………………………………6 2.4. Study population and sampling……………………………………………………………6 2.5. Research instrument, Data collection techniques and analysis………………………7 2.6. Ethical consideration... ...
16 Pages(4000 words)Book Report/Review

Bank of America

...? Topic: Research Paper, Human Resources (Hr) The Bank of America The bank of America is the first national retail brand in the United States and has shown significant growth in the last two decades. Initially, it was a regional North Carolina national bank but today it is one of the largest companies in the world. It renders its services to individual clients, market enterprise both emerging, medium and developed corporations. Since 2009, the American bank is one of the prominent companies of wealth management in the globe wealth and a world leader in corporate and banking investment,...
6 Pages(1500 words)Research Paper

Written Assignment 3 - Bank of America Corporation

...Written assignment 3 – Bank of America Corporation In not more than one paragraph, the central issue in the case The caselooks at the financial performance of the company for the period between 2009 and 2011. The company faced a depression in 2010, following a drop in its stock price. However, the company returned to profitability by the first quarter of 2011. 2. List the strengths, weaknesses, opportunities, and threats of the company as identified in the case. Provide a separate list for each category Strengths of the company This company provides online services to its clients, which lays a good platform for business expansion. Online services make it easier to reach more people,...
2 Pages(500 words)Assignment

Bank of America

...that it was seeking to acquire the United States Trust Company, closing this deal in early 2007 and, during the same year, they made a historic acquisition deal that involved the acquisition of ABN Amro North America, LaSalle Corporate Finance, and LaSalle Bank Corporation. This purchase increased the bank’s assets to $1.7 trillion and increased their presence in Indiana, Michigan, and Illinois by 411 branches, 1.4 million retail customers, 17,000 commercial bank clients, and 1,500 ATMs (James & James 40). In 2008, the Bank of America also acquired Countrywide Financial for $4.1 billion, making the...
2 Pages(500 words)Essay

Bank of America

...Case Analysis: Bank of America Case Analysis: Bank of America Introduction The Bank of America (BOA) is a leading commercial bank in the United States(Weinstein, Clasen, Lorenzo, & Roberson, 2014). Founded in 1904, the bank operates in the US and many countries around the world, with their headquarters in Charlotte, North Carolina. Thus, the bank is a multinational banking corporation. Currently, the bank employs about 267,000 people. Brian Moyniham is the current Chief Executive Officer of the bank. BOA is a leading...
5 Pages(1250 words)Case Study
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 Research Paper on topic Bank of America Corporation for FREE!

Contact Us