Wells Fargo CEO Sloan: Stumpf Was a Distraction

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Business, Social Studies
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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 was the main reason given by the new CEO for John Stump's resignation?
He was offered a better position.
He wanted to retire.
He had health issues.
He was a distraction.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant impact did the fake accounts scandal have on Wells Fargo's customer activity?
Increase in account openings
Increase in customer visits
No impact on customer activity
Decrease in customer visits and account openings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following was NOT mentioned as a concern related to the Wells Fargo scandal?
Customer trust
Litigation reserves
Supplementary materials
Employee morale
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What trend is observed in the credit quality of JP Morgan's newer credit card customers?
No change in credit quality
Deterioration in credit quality
Stable credit quality
Improvement in credit quality
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge faced by banks like JP Morgan and Wells Fargo in the current environment?
Decreasing loan growth
Increasing profits
Improving customer service
Expanding branch networks
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