The Royal Bank of Canada (RBC) is a blue-chip financial services company, and the largest of its kind in Canada. The bank is considered a blue-chip company due to its relative low-risk as an investment. With over 16 million public and private clients in over 35 countries, the bank has a secure international financial holding. They serve a wide fiscal demographic; with wealth management services for investments and high net worth clients in North America, and general personal/commercial banking services available for the general market ("Royal Bank of Canada"). As well as being an internationally recognized brand, RBC has weathered extreme economic strain, for example, during the crash of the American housing bubble in 2008 RBC boasted a 9 month high in their stocks ("Corporate Profile"). This evidence indicates a history of financial security and future stability.
The Royal Bank of Canada is Canada’s largest bank by market capitalization and the 18th largest globally. They offer financial services to both the private and public sectors, acting as an investor for small businesses and in the retail industry for individual consumers. The bank
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controls a large amount of personal finances and distributes them amongst its approximate 16 million clients. In its third quarter of 2015, RBC boasted 8.8 billion (CAD) in revenue and a 10% increase in shareholder performance in dividends since 2005 ("Royal Bank of Canada"). They are among the top 5 global wealth management firms by assets and the largest mutual fund company in Canada ("RY: Dividend Date...”). The bank offers a variety of living benefits and insurance opportunities for individuals and companies. A leader in cash management, and asset servicing within Canada, RBC offers a number of lucrative financial servicing options for their clients. Listed: TSX, NYSE, SIX (Swiss Exchange) Symbol: RY Current: $ 98.42 Located: Toronto, Ontario, Canada 52 week Low: $ 72.76 52 week High: $ 99.90 All of this is significant in considering an investment as one must be sure of the security in a company’s future if they are to invest their capital. Personally, I believe this bank is greatly competitive in its industry and will continue to grow the company at a steady rate so that I will turn a reasonable profit in time. Their current financial data indicates a steady growth of revenue and net income, this is beneficial for myself as a potential shareholder as it represents a trend or pattern in their business decisions (RBC*). I can trust the administration of such an organization will continue to support its shareholders and protect the company. This is not to mention the strong dividend payouts RBC continuously announces, at a generous $0.6287/share in 2016 and a forecasted $0.87 in April of 2017 (RBC*). Their standing in the global economy is another incentive to invest, as good branding incites faith in current investors thus maintaining the share value. Although economic calamities aren’t entirely predictable, it is of little concern to myself as a potential investor given RBC’s past experience in recession. Company (2): Shopify Shopify is a growth stock company as its earnings have grown at an above-average rate by comparison to its competitors. Shopify has managed to stay competitive through innovation in its field, as a platform for online retail and stores, Shopify offers a variety of services and payment plans that differ from its competition (ex. BigCommerce, Weebly) (Ashworth). The company has a substantial growth record in the past year, starting at just under $40 and currently sits at $84.20. These statistics indicate steady and rapid growth, ripe for capital gains ("Stock Snapshot"). Just as Shopify is an online retail service, their profits and services exist in cyber-space, leaving majority of revenue for profits. A recognized brand, Shopify is secure in the fact that it possesses a majority of the market share versus many of its competitors (Wong). Shopify is a cloud-based platform for commerce, servicing small businesses in North America and parts of Europe. They provide online merchants with sales channels and storefronts for webpage design and social media. They enable their clients to manage inventory, product manufacturing, process orders, and payments. Additionally, Shopify supports logistics and manages analytics of company financial performance. Shopify services over 377 thousand stores/companies and has brought in net sales of over $29 (Ashworth). Shopify makes up roughly 6.72% of the total global ecommerce market with their largest micro-market competitor being Woo Commerce (19.98% - 26.7% respectively) (Wong). Shopify focuses as a mobile selling platform that can hold variables in the marketing and production process for reflection and innovation. Listed: TSX, NYSE Symbol: SHOP Current: $ 84.20 Located: Ottawa, Ontario, Canada 52 week Low: $ 33.49 52 week High: $ 84.47 As shopify is a steady and rapid growth stock, it is a wise investment for capital gain. It shows promising results and solid quarterly projections as their business expands. The company increased its subscription base gross margins to 79% in 2016 (Ashworth), and trades at approximately 14 times its sales values. The impressive momentum this online tech company has accumulated can only grow as investors are slowly beginning to pour into the pot. If it is likely to hit $100 per share by the end of 2017, it is equally likely to remain in the triple digits ("Stock Snapshot"). Each over-valuation of the company's gross margins has only indicated a distribution of profits amongst its variety of services. The stock is extremely like to appreciate due to their lack of expenses, being a cloud-based platform, and the exponential trend their company value has experienced. Company (3): Ford Motor Company The stock of Ford Motor Company is cyclical and responds to ups and downs in the overall economy in which it operates.
Ford responds to such waves in the economy as they supply discretionary items to consumers (cars), something people are willing to forfeit in economic deficit given urban transit. Unfortunately this means these stocks are the first to be dropped in the case of recession, and may be entirely dropped; bankrupting a company or industry. There is evidence of such a consumer cut in the 2008 global recession, Ford’s stock fell to its lowest since 1981 ($ 1.43 USD) in November of 2008. Further economic fluctuations are evident in the company's stock history, when the US GDP rose above 5.0 in 1999 ("Company Profile"), Ford’s stock hit its all-time high of $37.14 USD and has followed the American economy ever since
. Ford Motor Company is an American automotive retailer and manufacturer operating internationally. It was incorporated in 1903 by Henry Ford and has developed a method of large-scale car manufacturing. As the world economy fluctuated and fuel prices surged, sales declined and the Ford Motor Credit Company drove a dawn of automobile loans and lease agreements. Ford has a cooperative agreement with the Russian auto-manufacturer GAZ and operates in car production multinationally (FORD*). In a 2016 sustainability report, current CEO Mark Fields announced strategies for global initiatives including the development of quality, manufacturing, product development, and sustainable resource consumption as an international corporation. Ford holds a significant market share in the American automotive industry at 14.7% in 2014, just under General Motors, this is however down from 15.7% in 2013 (FORD*). Additionally, their total revenue has risen significantly since 2009, from approximately $116 billion to 151.8 billion USD (FORD*). Listed: NYSE, S&P 100/500 Symbol: R Current: $ 12.50 Located: Dearborn, Michigan, U.S. 52 week Low: $ 11.07 52 week High: $ 14.22 Ford Motor Company is a wise investment periodically. This is due to its cyclical nature and potential for capital gain when the economy falls. With a significant rise in profits and grip on the American (and European) automotive market, investing in the future could yield great profits. It is likely I would short these shares as our current economic conditions are well situated. Given the current political controversy in the United States and the housing boom in North America, there is potential for economic decline, and in the event of such it would be wise to short Ford Motor Company. Given my own capital after a recession hits I would likely invest long-term and wait for the economy to recover before selling my stocks at a significantly higher value. Any equity in a cyclical company is viable for both purchase options, luckily for me they occur at both ends of the business cycle and as an opportunist I see great potential in Ford Motor Company.
Prior to Fuller’s transfer, management at the Carson’s location was poorly run using the classical approach. While this approach can be successful, management has to find a good middle ground between caring for the company and caring about their employees. A traditional classical approach recognizes that there are five important factors to running a successful business (Miller, 19). According to text, these factors are planning, organizing, command, coordination and control (Miller, 19-20). These factors can be seen when you look at Third Bank as a whole. In the study, the CEO saw the issues in his company and put a plan together to improve. He had meetings with management, like fuller, to organize a solution. He then commanded all locations
Rogers Communications Inc. is one of the largest communication and media companies in Canada. Rogers group of companies included Wireless, Cable, Business Solutions and Media. They are the country’s only national carrier of the world’s standard GSM/HSPA+LTE technology as Canada’s largest wireless voice and data telecommunications service provider. They are also one of the leading cable service, television and Internet providers.
RBC Financial Group uses a customer relationship management (CRM) strategy that provides a variety of services for a variety of clients. The strategy allows for individual customers to trust RBC and develop a personal relationship with each and every client. One major factor that allows CRM to operate effectively is the use of technologies and analytics to help classify each client’s financial situation. These customer profitability-based techniques allowed RBC to categorize their clients into A, B, and C groups so that the sales teams could optimize their efforts in catering to these different clients. This strategy holds the following strengths: optimizing sales efforts to different customers, easily accessible electronic sales leads, centralized and standardized financial decisions, and building personalized and sustainable customer relationships. There are a few weaknesses to the system though including the complexity in predicting future positions of companies despite the use of analytics as well as the complexity in creating consistency when using these
Bank of America is the company I elected to discuss their unique benefits package. Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with more than 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with nearly 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
The Bank of Canada is Canada’s central bank, whose current Governor is Mike Carney. It was founded in 1934 by the Bank of Canada Act of the same year. The country’s banking system was quite stable even before the Bank of Canada was established, mainly thanks to its branch banking structure, and showed little interest in central banking in the early 1900s. In addition, the banking system was somewhat being regulated by the Canadians Bankers’ Association. However, as the Great Depression took Canada by storm, talks about its then financial state were brewing. Some even questioned the country’s ability to meet larger demands. The central bank was formed from the Act in 1934, and starting running in 1935, but as a privately owned institution. Then, when William Mackenzie King was re-elected as Prime Minister after a full term by Richard Bennet, the new government made an amendment to the Bank of Canada Act, making the bank publicly owned by 1938, as it is today (Bank of Canada: History). Its primary objective was to be able to support financial and economic wellbeing of our country (Go Currency: Bank of Canada). In that way, it has many roles and functions as a central bank, which I will expand in the coming paragraphs.
The current situation of the Ford Motor Company, revenue of $44 billion, 6 percent above second quarter 2006. The company net income of $750 million, or 31 cents per share, for the second quarter of 2007. Profit of $258 million, or 13 cents per share, from continuing operations excluding special items. There was a significant year-over-year improvement for all automotive operations. Ford Motor Credit pre-tax profit of $112 million. Cost reductions of $600 million; $1.1 billion through the first half of 2007. There was automotive gross cash at June 30, 2007 of $37.4 billion.
HSBC bank which is called Hong Kong and Shanghai Banking Corporation, was founded in 1865 and opened in 1877. It is also the largest bank in the world pertinent to assets and ranks sixth in the world’s largest public company in 2012. As one of the leading banks in the world, with around 89 million customers served with various products and loans such as personal loans, house loans, corporations loans, wealth management, investments, insurance and deposits. Some of the interesting facts are that HSBC bank has won several awards during 2011 which includes the best corporate internet banking in Singapore, rank second place in the Forbes Global 2k world’s biggest companies. It is ranks first in the Brand Finance Banking 500 in year 2012.
HSBC is a public limited company (plc) in the financial sector of the banking industry. Considered one of the most successful banks in the world, the British Multinational Banking and Services Company operates in over 90 countries worldwide. The main headquarters of HSBC are located in London but the company boasts nearly 8,000 offices, serving over 60 million customers. HSBC’s services are divided into four main groups of global business; Commercial Banking, Private Banking, Retail Banking and Wealth Management, and Banking and Markets (investment banking), along with the issuing of loans, debit, and credit cards to its customers.
In this case study it was stated that there were a problem happen in the outsourcing for the Royal Bank of Scotland. What happen was there were an error that happen during the routine software upgrade that cause million of that bank customer cant access to their account. The error happen when one junior technician in India was accidently wiped all the information during the routine software upgrade. The member of staff that was working under the program for the Royal Bank of Scotland, NatWest and Ulster Bank and it was based in Hyderabad, India.
Many economic factors exist that impact the development of Ford Motor Company's strategic plan and it’s no small task to project how some of these factors might change as the strategy is being realized. Consider the prospect of expansion into a new market like China or Mexico. Economic changes like currency devaluation will make Ford’s product more expensive to their target market potentially reducing overall sales revenue. Oil prices as we’ve seen in the U.S. economy can also play a big factor as large vehicles become less desirable and more fuel efficient compact cars gain market share.
Introduction Pramuka Savings and Development Bank (PSDB) was incorporated in 1997 as the first private savings bank in Sri Lanka. Mr. Rohan Perera was the founder of Pramuka Bank and was the founder and chief executive officer of Seylan Bank previously. After resigning from Seylan Bank, Mr. Perera applied for license to incorporate a commercial bank from Central Bank Sri Lanka. But Central Bank only gave license to operate a Savings and Development Bank. But that was also a debatable topic.
Standard Chartered Bank support flexible working hours. It is because energy efficiency and productivity can be increased by flexible working hours and it usually cause the higher employee morale and enthusiasm. But managing an employee who has a flexible working hours can be challenging according to the finding part above. First of all, Standard Chartered Bank should analysing the advantage and costs of the flex time program to decide whether flex time is viable for your business. If it is viable, evaluate the type of flex time and planning a best and suitable plan for your business. Second, determine which level of employee are most conducive to flex time program, and document the reasons to prove that they determine with
In the post-colonial context , there is a desire to change the current currency system to improve the management of money and credit ; and to foster a favorable climate for the development of domestic enterprises in which the World Bank proposed the establishment of the National bank of each country . A National bank is seen as a tool of control of financial freedom , which no political independence would not be complete . Therefore, Sir Sydney Caine , former Vice Chancellor of University of Malaya , and Mr. GM Watson , an executive of the Bank of England , has been appointed to carry out a detailed investigation on problems of central banking and to provide advice on the establishment of a center in Malaya , including law rules.
During this great recession, a lot happened in a very short period of time. The stock
Ford is forecasting that 2010 sales in industry will rise to between 11.5 million and 12.5 million vehicles, up considerably from last year’s 8.4 million. Boudette, and Dolan, 2010). Ford is about to launch its smaller vehicles; less than two years ago Ford Motor’s plant in Mexico was building big pick-up trucks. But Ford has retooled to produce Ford’s small Fiesta car, due to go on sale in America for the first time in June. Simon, 2010).Mulally is the architect of Ford’s remarkable recovery in its fortunes.