In most interviews, the topic of strengths and weaknesses will be addressed. This is because your prospective employer wants to know your work style, how you interact or relate with others and most importantly your personality.
Strengths Large market share: Bank of America is the largest U.
Faced with pressures from investors, regulators, and the overall economy, Bank of America has initiated several recent steps to clean up its act: BAC has agreed to sell half of its China construction Bank stake to raise capital. BAC has secured further capital by selling its Balboa insurance business.
BAC sold its Canadian credit card business, exiting its credit card businesses in the U. Additionally, it has put other international credit card units up for sale. BAC has agreed to sell parts of its mortgage business to give abetter insight of its assets. BAC is cutting 3, jobs in the current quarter and working on a broader restructuring that could eliminate thousands of additional positions.
Although this move has a negative impact on domestic jobs, it helps BAC as a company cut down on its costs. My previous article talks about this deal. Bank of America faces litigation problems driving up its expenses.
If the bank is forced to pay out billions in litigation costs for mortgages that later defaulted, it could drain earnings for years and contribute to further losses across the financial industry.
Bank of America resulted in weak second quarter earnings: Second-quarter net interest income fell 7. Opportunities Optimistically thinking, when the economy rebounds, Bank of America will outdo its peers considering the fact that Bank of America holds the largest market share in the U.
Bank regulators from the Federal Reserve have been pushing Bank of America to put in place a plan for what to do if conditions worsen. Although this announcement had a negative impact on the stock price when announced, it is actually an opportunity for Bank of America to clean up its act and secure creditable capital for the company.
Declines in the loan loss provision are hopeful for Bank of America to drive earnings growth in Threats Weak trend in U. Litigation threats further keep the stock volatile as investors remain skeptical: FMCCis set to file suits against more than a dozen big banks accusing them of misrepresenting the quality of mortgage securities they assembled and sold at the height of the housing bubble, and seeking billions of dollars in compensation.
Bank faces a threat from defaults in residential lending and credit cards. Bank of America has a sizable mortgage and credit card business in comparison to its peers.
Additional foreclosure, mortgage put-back costs, and regulatory costs are all future threats. Bank of America continues to face pressures from lower-than-historical tangible capital ratio. I am long BAC. Follow Farah Lalani and get email alerts Your feedback matters to us!
Want to share your opinion on this article? Disagree with this article? To report a factual error in this article, click here.Strength, Weakness, across the globe affecting the bank Public Bank SWOT Analysis Public Bank Group serves the financial needs of over.
Bank weakness, loan supply and monetary policy Erlend Nier* and little systematic evidence on the strength of these bank weakness on bank loan supply interact. Credit Ratings of Public Bank Berhad Adopted from Public Bank BerhadAnnual Report, p Strength- Credit Rating • The Group continues to accord strong financial ratings • Injection of confidence to investor and customer on their perception to the Group • November , Moody’s Investor Service reaffirmed Public Bank’s long 4/4(5).
Regions Financial: Strengths, Weaknesses, The bank's Tier 1 capital ratio rose to %, Yet Another Setback Caused MiMedx Group Shares to Tumble Today;.
Target Group. Corporate and SME looking for loans & other financial assistance Strengths. Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Bangkok Bank: 1. Largest customer base in Thailand. 2. Strong market position in domestic market sustaining business growth 3.
Improved asset quality with over Public Bank strength and weakness. Tags: See More, See Less 8.
Answer. Add Tags. Flag as Inappropriate Flag as Inappropriate. Answer. Interviews > Management Trainee > Public Bank. Add Answers or Comments. To comment on this, Sign In or Sign Up. Close. Outline of two peoples' heads.