For this phase of the course project, you will conduct additional research for Bank of America. Write the next section of your risk management plan in which you discuss the key people responsible for mitigating risk atBank of America. Be sure to include corporate governance, the impact of the Sarbanes-Oxley Act, and asset-liability management in your discussion.
In this paper, please address the following questions:
Who are the members of the board of directors and what is the significance of their role at
Bank of America? Who are the members of the executive committee or team, specifically the President, CEO, and CFO and what are their responsibilities? What makes them qualified for their positions? How has the Sarbanes-Oxley Act and other legislation impacted financial reporting for
Bank of America? How is asset-liability management handled at
Bank of America and by whom? Be sure to include a brief description of how risks to liquidity, interest rates, currency, funding of capital projects, and planning for profit and growth are mitigated.
Requirements
Review the APA Citation Online Guide for assistance with citing sources using APA format.
Because this is part of a project, this section of the paper does not need an introduction. Because your paper is required to be more than one page in length, you should use subject headings to label your paper as appropriate. Keep in mind that this is a research paper; and, as such, should be informed by your research articles. Be sure to include APA citations to support your assertions and to inform your paper. You will need to include a reference page with this section of the paper. Be sure to proofread your paper to ensure that is free from all grammar and spelling errors.