U.S. Ready to Charge Banks, Traders on Rate-Rigging

U.S. Ready to Charge Banks, Traders on Rate-Rigging

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The US is preparing charges against a bank for currency rate rigging, with potential prosecutions of individuals. In 2015, the US Justice Department may seek guilty pleas from several firms. Meanwhile, a rescue effort is underway in southern China following a 6.6 magnitude earthquake that injured over 100 people and destroyed 7,000 homes. Sergio Marchionne, CEO of Fiat Chrysler, plans to step down in 2018 after significantly increasing the company's revenue and profit through strategic mergers.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What charges is the United States preparing against a bank?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What might happen by the end of the year according to people familiar with the matter?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event occurred in southern China?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the potential impact of the merger orchestrated by Sergio Marchione?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the trend in revenue and operating profit since Marchione took over?

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