VOICED : Portugals small investors count cost of BES collapse

VOICED : Portugals small investors count cost of BES collapse

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the collapse of one of Portugal's largest banks, Banco Espirito Santo, and the subsequent creation of Novo Banco. Many customers, including retirees and low-income individuals, lost their life savings. Personal stories highlight the severe impact on their lives. Novo Banco claims no responsibility for the toxic investments of its predecessor, leaving customers doubtful about recovering their funds.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What happened to one of Portugal's biggest banks last year?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have the customers who lost their savings reacted to the situation?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the impact of the bank's collapse on retirees?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the situation of the individual named L'estro mentioned in the text.

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the stance of the new chief of Nova Banco regarding the previous bank's investments?

Evaluate responses using AI:

OFF