RBS Returns to Profit Amid Government Probes

RBS Returns to Profit Amid Government Probes

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the slow recovery of LBZ and its potential return to private ownership. It highlights ongoing investigations, including a Forex probe, and the financial provisions banks are making in anticipation of settlements. The UK's economic recovery is crucial for RBS, which is dealing with bad loans and aims to return to private hands. However, RBS faces future challenges, including cost management and investment bank performance.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps are banks taking in response to the Forex probe?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the bank's decision to provision for potential settlements?

Evaluate responses using AI:

OFF