Inside Bank of America's Brexit Plans

Inside Bank of America's Brexit Plans

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of Brexit on the banking industry, focusing on Bank of America's strategic decisions regarding its European headquarters. Initially, plans to relocate a significant number of employees to Paris were considered but later scaled back. The video compares Paris and Frankfurt as potential financial hubs, highlighting Paris's advantages in talent and client presence. It also touches on the complexity of Bank of America's strategy, involving multiple cities like Dublin for legal operations.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the presence of talent in Paris influence Bank of America's decision-making process?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What complexities does Bank of America face in deciding on its European hubs?

Evaluate responses using AI:

OFF