Brevan Howard Cuts Said to Include Gym, Kitchen

Brevan Howard Cuts Said to Include Gym, Kitchen

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Business

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The video discusses the financial cutbacks at Deutsche Bank and Brevan Howard, focusing on Brevan Howard's asset management and office space reduction. Despite a 75% slump in assets from their peak, Brevan Howard has not cut staff but is reducing facilities. The founder, Mr. Howard, is performing well with his own funds, indicating a rebound despite tough performance. The video highlights the challenges and strategies of financial institutions in adapting to changing economic conditions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the peak value of Brevan Howard's assets mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text imply about the founder, Mr. Howard's, personal funds?

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