Citigroup's Rigged Bonus System Rewards Top Executives: Mayo

Citigroup's Rigged Bonus System Rewards Top Executives: Mayo

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses Citigroup's unclear bonus targets and governance issues, highlighting the need for transparency and change under CEO Jane Fraser. It also covers the current state of the banking sector, focusing on bull market banking and the anticipated return of loan growth. The impact of technology on profit margins is explored, with Bank of America and Goldman Sachs as key examples.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised regarding Citigroup's bonus plan?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the new CEO, Jane Fraser, according to the speaker?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the governance practices at Citigroup?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'charging shareholders for dinner without knowing if we're going to have hot dogs or caviar'?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What feedback has the speaker received from investors regarding Citigroup's disclosure practices?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for loan growth in the banking sector?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the relationship between technology and profitability in banks?

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