Here's Why Global Banking Empires Are Shrinking

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary reason for Citigroup's reduction in global retail operations?
To increase its presence in more countries
To expand its workforce
To focus on high net worth individuals
To recover from financial crisis losses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By 2008, how many countries did HSBC have retail operations in before cutting down?
60 countries
120 countries
30 countries
90 countries
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of HSBC's profits came from corporate and investment banking in 2006?
75%
53%
90%
25%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the impact of Citigroup's consolidation in the US?
Focus on rural areas
Expansion into new markets
Concentration on major cities
Increased number of branches
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategic focus has become more profitable for global banks like HSBC?
Increasing the number of branches
Expanding retail operations globally
Focusing on high net worth individuals and institutional investors
Offering all services to all customers
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