Standard Chartered Shares Fall on Profit Miss

Standard Chartered Shares Fall on Profit Miss

Assessment

Interactive Video

Business

University

Hard

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The video discusses Standard Chartered's financial performance, highlighting a significant decline in profits and revenue, with a record $4 billion in bad loan expenses. The bank faces challenges in its core markets of Asia, the Middle East, and Africa due to low global trade and investment. The private equity division posted a $30 million loss, raising concerns about future prospects. The bank is considering selling this unit to reduce risk. Standard Chartered is also competing with Credit Suisse in private banking and wealth management, aiming to focus on different market segments.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant financial challenge faced by Standard Chartered in the recent quarter?

Increase in global trade

Surge in revenue

Record bad loan expense

High cross-border investment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding Standard Chartered's private equity division?

It posted a significant profit

It is the most profitable unit

It is being expanded

It posted a loss and may be sold

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is leading Standard Chartered's efforts to reduce risk?

Stephen Morris

JP Morgan

Bill Winters

Credit Suisse

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic area are both Standard Chartered and Credit Suisse focusing on in Asia?

Real estate investments

Corporate loans

Private banking and wealth management

Retail banking

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Standard Chartered's market focus in Asia differ from Credit Suisse's?

Standard Chartered focuses on retail, Credit Suisse on private clients

Both focus on retail banking

Both focus on corporate loans

Standard Chartered focuses on real estate, Credit Suisse on retail