U.S. Ready to Charge Banks, Traders on Rate-Rigging

U.S. Ready to Charge Banks, Traders on Rate-Rigging

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The US is preparing charges against a bank for currency rate rigging, with potential prosecutions of individuals. In 2015, the US Justice Department may seek guilty pleas from several firms. Meanwhile, a rescue effort is underway in southern China following a 6.6 magnitude earthquake that injured over 100 people and destroyed 7,000 homes. Sergio Marchionne, CEO of Fiat Chrysler, plans to step down in 2018 after significantly increasing the company's revenue and profit through strategic mergers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the United States preparing to do regarding a bank's actions?

Increase the bank's interest rates

Merge the bank with another institution

Charge the bank for currency rate manipulation

Provide financial aid to the bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might the US Justice Department pursue from several firms?

Guilty pleas

Tax reductions

Partnership agreements

Loan approvals

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What natural disaster recently occurred in southern China?

A volcanic eruption

A 6.6 magnitude earthquake

A severe flood

A hurricane

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many homes were destroyed in the southern China earthquake?

5,000 homes

1,000 homes

10,000 homes

7,000 homes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When does Sergio Marchionne plan to step down as CEO of Fiat Chrysler?

2019

2018

2017

2016