will help decrease the banking industry risk measures for the bank which is

Will help decrease the banking industry risk measures

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will help decrease the banking industry risk measures for the bank, which is good for the bank especially in interbank lending. Strengths and Weaknesses In my own opinion, J. P. Morgan Chase Bank has several strengths that it uses to maintain the client levels and the profit margins that it experiences. The first strength for the bank is the retail banking network, which is important for the bank as it will help in sourcing for cheap sources for the finance needed (Smith, 2012). This in turn reduces the cost of borrowing for the bank thus helping to reduce the interest rates that it offers to its clients. Another major strength that the bank has is the diverse financial products that it offers to its clients thus meaning that the clients can access all their needs at the same bank without having to go to another bank to access the same. To maximize on these strengths, the bank must be in a position to broaden its retail banking scope to other countries. The expansions will not only help to increase the retail banking network but will also help the bank to understand other financial products that it can introduce to its products. A major weakness that the bank has is poor presence in most of the states (Grand, 2011). The bank has only opened up one branch in most of the states thus meaning that not everyone in the states can be able to access the services of the bank. In my opinion, the bank must be in a position to bring up more branches in these states to cater for the rising demand in its services. The branches to be opened must be well dispersed in states to ensure that
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EXTERNAL AND INTERNAL ENVIRONMENTS 7 the clients can be served efficiently. This will not only help to fix the weakness that the bank currently faces but will also be an important factor in increasing the banks profit margins. Resources, Capabilities, Core Competencies The resources that J. P. Morgan Chase Bank has include the financial resources whereby the bank the capability to borrow up to $50 million based on the financial demand and the interest rate that is charged on the money that is being borrowed. Other resources that the bank in its possession includes real estate houses in some states whereby clients are given as loans to pay back with accumulated interest. In terms of the technological resources the bank has its own trademark, which is J. P. Morgan Chase Company & Bank. On the other hand, the bank has several capabilities that it has used in increasing its profit margins (Grand, 2011). The first capability for the bank is the capability of carrying out human resource selection for employee to work in the firm. The firm has a human resource department that handles the hiring and training of the employees for the company. The second capability for the bank is product marketing whereby the bank has developed a marketing department that deals with the marketing of the products and services that are offered at the bank. In terms of core competencies, J. P. Morgan
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  • Winter '16
  • Professor Obura Oluoch
  • Chase Bank, J. P. Morgan Chase Bank

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