What is the primary goal of efficiency in banking as discussed in the video?
Morgan Stanley Cuts About 1,500 Jobs in Efficiency Drive

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expanding market share
Reducing costs
Improving customer service
Increasing revenue
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which bank has been consistently cutting jobs every year since the financial crisis?
Goldman Sachs
Citigroup
Bank of America
JP Morgan
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which region's banks are currently leading in job cuts according to the video?
European banks
Australian banks
African banks
Asian banks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What areas are US banks focusing on for job cuts?
Technology and back-office operations
Marketing and sales
Customer service
Investment banking
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are banks reassessing their technology workforce?
To integrate more advanced algorithms
To achieve a more sustainable workforce size
To increase the number of employees
To expand into new markets
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