2024 – Write a 2 3 page paper with the next section of your risk management
Bank Credit Risk – 2024
Write a 2-3 page paper with the next section of your risk management plan in which you discuss credit risk in relation to retail banking for Bank of America . Be sure to include a discussion of retail banking services and the risks associate with providing consumer credit individuals and institutions.
In this paper, please address the following questions:
- What are the credit risks faced by retail banking?
- How are credit risks associated with individuals different from credit risks associated with institutions?
- What retail banking services does Bank of America provide to individuals?
- What retail banking services does Bank of America provide to institutions?
- How does Bank of America assess credit risks and does your bank have an effective plan for managing and mitigating these risks? Explain.
- due tomorrow 9am cst
- APA format & references
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