Billionaire Citigroup Backer Arrested in Saudi Crackdown

Billionaire Citigroup Backer Arrested in Saudi Crackdown

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a long-term shareholder's involvement with a bank, focusing on his role in helping the bank regain a banking license lost in 2004. The shareholder, who holds less than 5% of the bank, has been a significant supporter, especially during financial crises. The discussion also covers the bank's operations in Saudi Arabia without a license and the broader support base beyond the shareholder. Despite not having a license since 2004, the bank has managed to conduct approved transactions and is expected to receive a new license soon.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role has the individual mentioned played in relation to the bank since 1991?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges has the bank faced regarding its banking license since 2004?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the individual contributed to the bank during financial crises?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the individual's support for the bank in Saudi Arabia?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What activities has the bank been able to conduct in Saudi Arabia without a banking license?

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