Wells Fargo SWOT Analysis

Wells Fargo SWOT Analysishttps://bstrategyhub.com/wells-fargo-swot-analysis/BackgroundSubtopicCEOCharles W. ScharfYear foundedMarch 18, 1852HeadquarterSan Francisco, California, United StatesNumber of Employees (2018)259,800Fun FactDid you know that Wells Fargo was the first bank to introduce online banking way back in 1995? It also rolled out online money-management services by 2005, making one of the first.Strengths – Internal Strategic FactorsWeaknesses – Internal Strategic FactorsOpportunities – External Strategic FactorsThreats – External Strategic FactorsGlobal PresenceStrong Financial PositionEurope, the Middle East, Africa, and Asia.Part of the Big Four:Leadership in SME LendingVariety of ServicesValuable Brand:Exemplary Performance:Major Scandal:Missed Opportunities:Aging Systems:Negative Publicity:High Operation Costs:Strengthen C&1 LendingExpand Operations in Emerging EconomiesDiversify PortfolioFocus on Smaller Towns:Global RecessionPublic PerceptionGlobal PandemicCapped LoansOngoing InvestigationsIntense Competition