Bank of England Warns of Bonus Clawbacks

Bank of England Warns of Bonus Clawbacks

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Business, Social Studies

University

Hard

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Lloyds, the UK's largest lender, reported a 41% increase in third-quarter profits, with plans to cut 9,000 jobs as more customers switch to online banking. The bank is also considering tighter regulations due to misconduct in trading. A proposed EU surcharge of over €2 billion is being contested by the UK. In the US, new guidelines suggest isolating individuals exposed to Ebola for 21 days.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in Lloyds' third quarter profit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions is Chief Executive Antonio Order planning regarding jobs?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did Deputy Governor Manu Shafiq express about traders?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the proposed European Union surcharge amount mentioned?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What guidelines were issued for individuals with direct exposure to the Ebola virus?

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