Global Business Report: BNP, Lenders Face Loss

The video discusses the financial collapse of First Oil, leading to significant losses for lenders like BNP Paribas and the Bank of Nova Scotia. It highlights the potential negative impact of Brexit on London's role as a global financial hub, with opinions from Sadiq Khan. Additionally, it covers the current discounts on luxury apartments in London due to decreased demand, especially from international buyers.

What was the approximate amount owed by First Oil to its lenders?

• $170 million

• £149 million

• £150 million

• $27 million

What percentage of financial market professionals believed Brexit would benefit London?

• 13%

• 27%

• 50%

• 75%

Which political figure expressed concerns about Brexit's impact on London?

• Theresa May

• Sadiq Khan

• David Cameron

• Boris Johnson

What discount percentage is offered to institutional investors for bulk purchases of luxury apartments in London?

• 15%

• 10%

• 25%

• 20%

What was the percentage decline in sales of London properties under construction in the fourth quarter of 2015?

• 10%

• 15%

• 25%

• 19%