Banks Could Face Additional Fines

Banks Could Face Additional Fines

Assessment

Interactive Video

Business

University

Hard

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The video covers several major financial stories. Six banks, including UBS and Citigroup, are fined $4.3 billion for manipulating foreign exchange benchmarks. Actavis is in talks to acquire Allergan for over $60 billion, outbidding Valiant. BB&T plans to acquire Susquehanna Bancshares for $2.5 billion. Ferrari's IPO is scheduled for 2015, as part of Fiat Chrysler's restructuring plan.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which banks were fined for manipulating foreign exchange benchmarks?

Royal Bank of Scotland, Santander, ING, Societe Generale

HSBC, Barclays, Deutsche Bank, Goldman Sachs

UBS, Bank of America, JP Morgan, Citigroup

Wells Fargo, Morgan Stanley, Credit Suisse, BNP Paribas

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the value of the offer Actavis is negotiating to acquire Allergan?

$50 billion

$70 billion

$80 billion

$60 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is backing the competing offer for Allergan against Actavis?

George Soros

Bill Ackman

Carl Icahn

Warren Buffett

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank is acquiring Susquehanna Bancshares?

Wells Fargo

SunTrust

BB&T

PNC Financial

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is Ferrari's IPO expected to take place?

First quarter of 2015

Second and third quarters of 2015

Fourth quarter of 2015

First quarter of 2016