Introduction 4
Background 4
FDIC History 4
NAICS/SIC 7
Trade Associations 7
Dominant Economic Indicators 8
1. Market Size 8
2. Scope of Competitive Rivalry 8
3. Market Growth Rate 9
4. Number of Companies in the Industry 9
5. Customers 11
6. Degree of Vertical Integration 12
7. Ease of entry/exit 12
8. Technology/Innovation 13
9. Product Characteristics 13
10. Scale Economies 15
11. Experience curve effects 17
12. Capacity Utilization 18
13. Industry Profitability 19
Key Success Factors 20
Innovation 20
Expansion 21
Technology 21
Good and Services 22
Compliance all Banking Regulations 23
Mission 23
Vision 23
Values 23
Integrity 23
Competence 23
Teamwork 24
Effectiveness 24
Financial Stewardship 24
Fairness 24
Industry Matrix 24
Six Forces of Competition 25
Threats of New Entrants 26
Rivalry among existing firms 26
Threats of substitute’s products or services 27
Bargaining power of Buyers 28
The Bargaining Power of Suppliers 29
Stakeholders 29
Competitive Position of Major Banking Companies 30
Competitor Analysis of Banking Companies 32
Bank of America 32
Citigroup Inc. 34
Wachovia Corporation 35
JP Morgan Chase & Co. 37
Industry Prospects and Overall Attractiveness 39
Factors Making the Industry Attractive 39
Conclusion 45
References 46
Ackerman, Jules. The Banking Industry Problems and Competition. 24 Jan 2008. Retrieved from http://searchwarp.com/swa292998.htm 46