Commonwealth Bank May Post First Annual Profit Drop in Nine Years

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Business, Social Studies, Other
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some of the challenges faced by CBA due to past scandals?
Decline in customer satisfaction
Increased competition from new banks
Costs related to settlements and compliance
Technological disruptions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the key performance indicators for CBA's retail banking?
Net interest margin
Customer satisfaction index
Market share in Asia
Number of new branches
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What major change is CBA considering under its new CEO?
Spinning off its wealth advice unit
Acquiring smaller banks
Launching a new digital currency
Expanding into European markets
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are other Australian banks responding to the new economic environment?
Focusing on large corporate clients
Reducing their workforce
Doubling down on small and medium business lending
Increasing international investments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected outcome for the Australian banking system following the Royal Commission?
A more complex and profitable system
A simpler and less profitable system
Higher interest rates for consumers
Increased government intervention
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