RBS to Take $3.8B Charge, Barclays Picks Dublin as EU Hub
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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main financial challenge discussed in the first section?
RBS's plan to expand globally
The impact of Brexit on banks
The $8 billion set aside for mortgage investigations
Barclays' relocation to Dublin
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategic move did Barclays make in response to Brexit?
Relocating its headquarters to Frankfurt
Merging with another bank
Expanding operations in London
Moving some operations to Dublin
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant concern for banks regarding Brexit?
The need to hire more staff
Uncertainty about passporting rights
The possibility of a financial crisis
The potential for increased taxes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which city is NOT mentioned as a potential relocation option for banks?
Frankfurt
Berlin
Luxembourg
Paris
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason banks are making contingency plans?
To increase their market share
To prepare for any outcome of Brexit negotiations
To reduce operational costs
To comply with new EU regulations
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