What is the purpose of the Sarbanes-Oxley Act (SOX)? What risks does SOX mitigate? How is the application of SOX different among industries like manufacturing and banking? How is it the same?
How is ALM for a business related to ALM for a bank? Given what you understand about the 2008 financial crisis, how might bankers have better conducted ALM?
How does interest-rate risk arise and how is it measured? How is interest-rate risk related to bond portfolio management?
What were some of the credit risks that arose from the 2008 financial crisis? How were banks affected by the credit risks? How were individuals and businesses affected by the credit risks?
Why is commercial credit a major risk for financial institutions? What are some approaches used by financial institutions to mitigate concerns with commercial credit? Explain