Santander Overhauls Corporate Structure to Attain Profit Goals

Santander Overhauls Corporate Structure to Attain Profit Goals

Assessment

Interactive Video

Business

University

Hard

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The video discusses the restructuring plans of Santander and Citigroup. Santander aims to simplify its operations by reorganizing into five units to enhance profitability. Meanwhile, Citigroup is also restructuring into five units, focusing on increasing its stock price for shareholders. Both banks' strategies may lead to job cuts, reflecting a broader trend in the banking industry towards simplification and efficiency.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the five units that Santander plans to create?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the main goal of Santander's restructuring plan?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent changes did Citi announce regarding their management?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Citigroup's strategy differ from Santander's?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential consequences might arise from the restructuring at both Santander and Citigroup?

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