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2 pages/≈550 words
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Style:
MLA
Subject:
Accounting, Finance, SPSS
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English (U.S.)
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WS3 - Bank of America Corporation. Accounting, Finance, SPSS Essay

Essay Instructions:

From the Wall Street Journal (or similar media or website) read current or recent articles about banks that are familiar to you – JP Morgan, Citi, Bank of America, etc. Next consider the circumstances of whatever company or organization you work for. If you are not currently employed just pretend and pick the company you wish you were working for.
Identify the bank.
Identify the CEO of the bank, their length of tenure in the position.
Recent news flow – in one paragraph discuss the key points of the most recent article you have read (and cite the article, date, etc.) about your bank.

FIN 347 – WS3 – Pick Your Bank
Learning Objective
Wall Street Journal Brief 3 (WS3) is intended to apply knowledge gained about commercial banking to critically evaluating the right kind of bank to serve your company or organization.
Instructions
From the Wall Street Journal (or similar media or website) read current or recent articles about banks that are familiar to you – JP Morgan, Citi, Bank of America, etc.  Next consider the circumstances of whatever company or organization you work for.  If you are not currently employed just pretend and pick the company you wish you were working for.
- Identify the bank.
- Identify the CEO of the bank, their length of tenure in the position.
- Recent news flow – in one paragraph discuss the key points of the most recent article you have read (and cite the article, date, etc.) about your bank.
WALL STREET JOURNAL ARTICLE GRADING RUBRIC
% WT. 0% 80% 100%
POOR ADEQUATE EXCELLENT
Identify Bank / CEO 20% Identify bank
Identify CEO Identify bank
Identify CEO
CEO tenure
Recent News Flow 20% Discuss recent news
Attempt to explain key points Discuss recent news
Clearly explain key points
Review  Bank Strengths and Weaknesses 40% Attempt to discuss strengths and weaknesses.
Discuss strengths of the bank
Discuss weaknesses or controversies about the bank
Discuss whether your organization should use them as your primary bank.Writing 20% 3+ errors in grammar or punctuation.
Good grammar, spelling, punctuation, professional writing, and syntax.
Limited passive voice writing.
1-2 errors in grammar or punctuation. Excellent grammar, spelling, punctuation, professional writing, and syntax.
Minimal passive voice writing.
0 errors in grammar or punctuation.

Essay Sample Content Preview:
Student’s Name
Professors Name
Course
Date
Bank of America Corporation
Bank of America Corporation (BAC) or simply Bank of America is an American company that offers both banking and financial services. BAC was founded in 1904 by one Amadeo Peter Giannini and has since then had its headquarters in Charlotte, North Carolina (WSJ par. 1). BAC products and services can be classified into four distinct categories: global banking, consumer banking, global wealth and investment management, and global market, with each segment performing specific functions ideal for a banking and financial institution (WSJ par. 1). The list of BAC’s subsidiaries both direct and indirect is magnificently large, with quite a number of them concentrated in the United States while others are spread across the world. The company has hired more than 200,000 employees and provides services to more than 66 million consumers and small businesses (BAC 16). BAC is undoubtedly one of the most successful and largest banking institutions in the world with an average growth rate of over 4.5% in revenue as of the 2019 financial year. 
BAC operates under the leadership of Brian T. Moynihan who serves as the president and the lead Chief Executive Officer (CEO). Moynihan, born in Marietta Ohio (1959), is a talented CEO whose career started in the sector of legal justice in 1984 ,before embarking on a management career in the year 1999 (ChiefExecutive.net par .1). His career at BAC started in 2004 when he held the position of President, Global Wealth and Investment Management which is one of the core segments of BAC. The epitome of his success at BAC was in 2010 when he ascended to the position of President and CEO which he has maintained until date (ChiefExecutive.net par .1). Other than being the CEO at BAC, Moynihan is an active participant in several other global organizations concerned with economic matters affecting the world and he is also a member of the Federal Reserve Board (“Bank of America Executive & Leadership Teams”). Moynihan chairs the board composed of fifteen members, each ha...
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