Subprime lending

EPGP - Corporate Strategy - 1 Final Project Report BarclayCard - Business Unit Strategy EPGP 06 – Section A: Group Details: Aditya Mittal EPGP-06-005 Dhirendra Kumar EPGP-06-020 Pradeep Kumar Mishra EPGP-06-045 Ravi Agarwal EPGP-06-057 Table of Content: 1. Executive Summary 2. External Analysis 2.1. Porter 5 Forces 2.2. Pestle 3. Internal Analysis 3.1. SWOT Analysis 3.2. Industry Value Chain 3.3. Core Competence 3.4. US Market Position 3.5. UK Issuing Market Position 3.6. UK…

Mortgages of white households’ often have lower interest rates than mortgages of black or Latino households. According to Laura Shin from Forbes Magazine, “even as recently as 2012, Wells Fargo admitted it had steered black and Latino households into subprime mortgages but had offered white borrowers with similar credit profiles prime mortgages” (Shin). This sort of discrimination has proven to be much more common, even in big name companies, than the average American assumes. Also “black and…

As the world has become smaller, not the actual size but as countries become more and more connected through globalisation there are many advantages and disadvantages that arise. As a starting point I will name just a few advantages and disadvantages. One advantage can be seen as that many country’s exports and imports have become easier to transport which means the production of goods and rendering of services has become more efficient which means the end product will be cheaper to purchase for…

At the moment the financial instruments are not as tightly regulated as insurance products securities or futures. The current consensus is that the CDS market will be subject to tighter regulation but is this really a good thing necessarily? The right wing conservative general public feel that these products have caused enough harm to the global economy and should be completely banned and suspended the market from trading anymore. This is a view also shared by the European authorities as they…

He says that Western companies think they can avoid political risk by spelling out every detail in a contract, but "in Asia, there is no shortcut for managing the relationship."88 In other words, the contract is in the relationship, not on the paper, and the way to ensure the reliability of the agreement is to nurture the relationship. Even a deal that has been implemented for some time may start to get watered down at a time when you cannot do anything about it. A Japanese-led consortium…