Position Paper About Wells Fargo And Co. Henry Wells And William Fargo

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This project is designed to have the student analyze and incorporate an issue of current affairs into a thoughtful and insightful five-page position paper. Your goal is to effectively “argue” your position on the subject and convince the reader (me) that you are on the right side of the issue. Further details of this project will be discussed in class.

Intro ParagraphAfter the “fake accounts” and “Over-charged on auto-insurance” scandals, regaining  market competitiveness and recapturing high position in the industry, must be a difficult goal to Wells Fargo.
2.Body of argumentsa) Background Information This section of your paper gives the reader the basic information he or she needs to understand your position. This could be part of the introduction, but may work as its own section.
Intro of wells fargo and their competitiveness -Wells Fargo & Company is a diversified financial services company that provides banking, insurance, investment, mortgage and consumer finance services. The company separates its businesses into three main segments: community banking; wholesale banking; and wealth, brokerage and retirement. Large economies of scales12% of market share and major competitors are JPMorgan and BOA.Wells Fargo has about 9,000 retail branches, about 12,000 ATMs and an estimated 269,200 employees, High consumer confidence-Community banking is the largest business segment, generating about 60.0% of company revenue. It serves small-business clients, retail customers and high net worth individuals. Largest banking in the industry.  serving more than 70.0 million customers.