JPMorgan Chase Funding $30B To Fix "Systemic Racism" In Banking
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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of the New York Bank's $30 billion commitment?
To increase the bank's profits
To address systemic racism in the economic system
To reduce interest rates for all customers
To expand globally
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which communities are targeted for increased homeownership and business loans?
European and Middle Eastern communities
All communities equally
Black and Latino communities
Asian and Native American communities
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many small business loans does the bank plan to finance for black and Latino-owned businesses?
10,000
20,000
25,000
15,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does JP Morgan Chase's CEO say about systemic racism?
It is a minor issue
It is a tragic part of America's history
It has been completely eradicated
It is not relevant to the bank's operations
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the bank's strategies to help minority communities with banking services?
Offering high-interest loans
Opening new branches in minority neighborhoods
Reducing the number of branches
Focusing only on online banking
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