Mission, Vision, Social Responsibility, Strategic Planning for: Bank of America Vs. Wells Fargo

Victor Agbeja
BGMT 364
Ms. Adrienne Semidey
January 24, 2013


Mission, Vision, Social Responsibility, Strategic Planning for: Bank of America Vs. Wells Fargo


In the modern society of America a known and large part of our economy's revolution is our banking system. In this paper I will diagnose and compare the practices of two of the country's "mega banks" as I would label them. Bank of America and Wells Fargo both of whom have a broad mission of protecting the finances of American citizens and keeping a balance in the economy of our nation. Through thorough analysis, I shall determine whether or not these proclaimed statements are evident. So at the end of this paper we ...

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Their mission statement clearly states that they are committed to serving customers and clients at all financial levels in their lifetime. Also, along with briefly touching upon their history far as customer and public service are concerned they've used a regrouping strategy going back to their fundamentals, in order to become a stronger bank. They also show recognition that even though they have come a long way to being one of the nation's top financial competitors, there is still room for growth and they are aware that more work is needed in order to reach a final and cohesive goal. In comparison to Local banks whether within a township or tri-state area Bank of America has proven to be top notch with more than a slight advantage over the rest, but now we will see how they compare up with another large financial company which recently acquired several properties all over the east coast vastly expanding their operation. They are known as Wells Fargo.

In comparison amongst ...

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"Mission, Vision, Social Responsibility, Strategic Planning for: Bank of America Vs. Wells Fargo." Essayworld.com. March 6, 2013. Accessed September 27, 2021. http://www.essayworld.com/essays/Mission-Vision-Social-Responsibility-Strategic-Planning/102361.
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PAPER DETAILS
Added: 3/6/2013 07:17:39 PM
Submitted By: mrvictamone
Category: Business
Type: Premium Paper
Words: 749
Pages: 3

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