Brexit Causing U.K. Banks to Cut Bonuses

Brexit Causing U.K. Banks to Cut Bonuses

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of Brexit on the banking industry, focusing on job security, bonuses, and the reorganization of banks like HSBC and Barclays. It highlights the potential decrease in profits and revenues, especially in London, and the strategic moves banks may need to make, such as relocating staff to EU countries. The video also examines the effect of Brexit on deal activity and the economic implications of currency fluctuations.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected impacts of Brexit on the job security of London bankers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have the profits and revenues of banks like HSBC been affected post-Brexit according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are banks considering in response to the potential impacts of Brexit?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the future of deal activity in London after Brexit?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the fall of the pound against other currencies been perceived as a potential opportunity?

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