VOICED: JPMorgan, cae directora financiera

VOICED: JPMorgan, cae directora financiera

Assessment

Interactive Video

Business, Social Studies, History

11th - 12th Grade

Hard

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Quizizz Content

FREE Resource

JP Morgan announced significant financial losses of $2 billion due to high-risk operations, leading to the resignation of their investment manager, Ina Drew. Analysts suggest that CEO Jamie Dimon was aware of the risks, indicating a failure in risk management. The White House emphasized the need for full implementation of the 2010 Wall Street reform in response to these losses.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major event did JP Morgan announce related to its Chief Investment Officer?

A new investment strategy

The resignation of Ina Drew

A promotion to a higher position

A significant bonus for performance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the amount of financial loss JP Morgan faced in high-risk operations?

$3 billion

$2 billion

$1 billion

$4 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the scale of JP Morgan's losses suggest about CEO Jamie Dimon's involvement?

He was unaware of the operations

He was not involved in any decision-making

He might have known and authorized them

He opposed the operations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was JP Morgan previously known for in terms of risk management?

Being the largest bank in the world

Having the highest profits

Being the most innovative bank

Having the best internal risk control

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the White House emphasize in response to JP Morgan's losses?

The need for more financial deregulation

The importance of fully implementing Wall Street reform

The requirement for more government bailouts

The necessity of increasing bank profits