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.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

41%

50%

60%

30%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action is Lloyds planning to take in response to more customers using online banking?

Cut 9000 jobs

Increase branch network

Hire more staff

Expand overseas

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the proposed EU surcharge related to?

Currency fluctuations

Economic outperformance

Trade deficits

Economic underperformance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who has rejected the EU surcharge demand?

German Chancellor

French President

British Prime Minister

Italian Prime Minister

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the duration for which individuals exposed to Ebola should be isolated according to US guidelines?

28 days

7 days

21 days

14 days