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Risk Management in Bank of America
Risk Management in Bank of America

Author(s): David Todorov
Subject(s): Social Sciences, Economy, Business Economy / Management, Sociology, Evaluation research, Management and complex organizations, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: liquidity risk; credit risk; market risk; exchange risk
Summary/Abstract: This paper gives general information about Bank of America and analyzes the risks faced by the Bank and the strategies it adopted for risk management. Four major risk categories were particularly focused on: liquidity risk, credit risk, market risk and exchange rate risk in this paper. The study examined the bank's risk exposure in these areas, assessed the effectiveness of its risk management practices, and evaluated the impact of market volatility on its financial performance. The paper provides insights into the bank's overall risk position and emphasizes the importance of effective risk management practices in the banking industry.

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