Monday, February 25, 2013

Wells Case

Resources| | Competences |
* inviolable presence in America (23 states in 2003), render in San Francisco, global and dynamic city * Biggest internet operations in the US in 1995 * Provide every dissemination channel the customer needs * In 2003: 3021 banking stores (2003), 5,900 stores, 6,192 ATMs, 12 cry centers, the website has 4.8 million users * Involve in 70 different businesses * Strong IT system (spend $500 million each in in the raw technology)| Physical | * Cross-selling: Going for G-eight * Provide services and products at gloomy costs * Flexibility, convenience, services * Sell a set of panoptic packs with specific advantages easily accessible * Communication to the customer virtually their other additional financial products * Diversification of their financial products and activities|
In 2003: * Net Income of $6.2 one thousand thousand (up to 182% from 1998) * Revenue of $28.4 billion (up to 64% from 1998) * $388 billion of summations (fifth US bank) * Stockholders equity of $34,469 million * 49th on the parcel 500 list (2004) * 12th largest US corporation in a composite ranking if tax, profit, assets and market value * mart value of $100 billion (up to 52% from 1998), third US bank. * Earnings per common share of $3.

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69| Financial| * Active merchant bank (over 1,500 mergers and acquisitions) * Merged with a lot of companies (see Annexure 2), the most important with Norwest in 1998 * Save itself and acquire Norwests assets * Diversity of its activities that helps in diminution the adverse effect of a slowdown or a downturn * In the 90s: Net income fruit rate of 15.9% and equity rose by 22.1% * In 2002 the corporation achieve double-digit harvesting in revenue and earnings and stand up of its share price * From 2000 to 2002 the bank sales increased by 24%, its net income increased by 42% and asset rose by 28%, compound annual growth rate over 13% over 1993-2003 * In 2003 the revenue increase by 7% , the net...If you want to get a full essay, order it on our website: Orderessay



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