JPMorgan Fined $92M in Libor Case

JPMorgan Fined $92M in Libor Case

Assessment

Interactive Video

Business

University

Hard

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The video covers various economic and business news. It starts with the rise in sales of previously owned homes in the US and China's GDP growth, which, despite being the slowest in five years, exceeded estimates. The video then discusses JP Morgan's $92 million fine for attempting to manipulate the Swiss franc Libor and colluding with other banks. It also reports on the tragic death of Christophe de Margerie, CEO of Total, in a plane crash in Moscow. Lastly, it highlights McDonald's ongoing struggle with declining sales and increased competition in the US market.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of JP Morgan's legal issues as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges is McDonald's facing according to the text?

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