In addition they will no longer have to waste money

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In addition, they will no longer have to waste money on court fees and settlements
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Credit Card Collections The company claims no wrongdoings in the upkeeps of their financial books. To prove this to the government, they should have an audit done to make sure that all of their credit card information is correct in case they are sued by the government
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Wells Fargo Issues & Solutions Issues Solutions Continuing to deal with the denial of service attacks rendered late last year Have security systems in place to protect company and customers from cyber-attacks. Managing individual city branch space to efficiently accommodate customers Ensure clients are informed with every change taking place with the local banks in their communities so there is no inconvenience. Economic Responsibilities Keep small business owners confident by showing them potential revenue increases. Bank of America Issues & Solutions Issues Solutions
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Bank of America is set to lose much of its market share that it gained from the acquisition of Countrywide Banking & Home Loans Bank of America should give up corresponding lending. This will save the company money because these loans usually don’t provide high revenue. In the second quarter of 2011, Bank of America lost $9 Billion from the mortgage security settlement. Bank of America needs to analyze where they can create cost cutting measures to save money. They should also invest in outside companies (international companies) to produce more revenue. With the many embezzlements, scams, and other greedy actions some banks have taken against their customers, the public is having a hard time with trust Show customers that they have nothing to fear by investing in Bank of America. Provide customers with hands on help with their investments and other banking needs.
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Citigroup Issues & Solutions Issues Solutions Citigroup’s share price has steadily dropped. In order to increase the share price, Citigroup needs to report higher earnings in the next couple of quarters. Citigroup wanted to settle with the SEC over the sale of bad mortgage debt. A federal judge stuck the settlement down because Citigroup would not have to show their financial information to understand why there was the selling of toxic mortgage. Citigroup is expected to be in court in July. As of now, the only thing Citigroup can do is make sure that they have all of the factual information needed in court to argue their side. Citigroup has cut jobs because of their slumping revenue. In order to stop with the job cuts, Citigroup needs to raise revenue. They need to create cost cutting measures other than job cuts to keep their existing jobs.
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Goldman Sachs Issues & Solutions Issues Solutions Money oriented company image (negative company image Continue to build relationships and keep out of media frenzies.
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