RBS CEO Sees 'Diminishing Chance' of 2017 DOJ Deal

RBS CEO Sees 'Diminishing Chance' of 2017 DOJ Deal

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the bank's efforts to resolve outstanding issues with the Department of Justice (DOJ) related to mortgage-backed securities. The bank aims to normalize its operations, build capital, and eventually pay dividends. Despite challenges, the bank has made significant progress in strengthening its capital position. The dialogue also touches on the changing dynamics with the DOJ and the bank's desire to finalize settlements to focus on growth and shareholder returns.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's assessment regarding the timeline for resolving the major issue mentioned?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'building capital' in the context of the bank's recovery?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the speaker mention regarding the bank's capital position?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the speaker's statement about the bank's reputation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the mood at the Department of Justice changed according to the speaker?

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