Banks Could Face Additional Fines

Banks Could Face Additional Fines

Assessment

Interactive Video

Business

University

Hard

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The video covers several major financial stories. Six banks, including UBS and Citigroup, are fined $4.3 billion for manipulating foreign exchange benchmarks. Actavis is in talks to acquire Allergan for over $60 billion, outbidding Valiant. BB&T plans to acquire Susquehanna Bancshares for $2.5 billion. Ferrari's IPO is scheduled for 2015, as part of Fiat Chrysler's restructuring plan.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions were taken by regulators in the US, Britain, and Switzerland regarding the six banks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount that the banks were ordered to pay in fines for rigging foreign exchange benchmarks?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is the largest shareholder of Allergan and what proposal is he backing?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the acquisition deal between BB&T and Susquehanna Bancshares?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected timeline for Ferrari's IPO according to Sergio Marchionne?

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