Question
Which of the following is not a business where Goldman Sachs plans to increase its presence as a result of its CEO David Solomons diversification
Which of the following is not a business where Goldman Sachs plans to increase its presence as a result of its CEO David Solomons diversification strategy.
a. | Transactions banking services | |
b. | Consumer finance | |
c. | Wealth management | |
d. | Insurance syndication (reinsurance) | |
e. | Asset management |
You are an executive in Emirates NBD and a delegation from J.P. Morgan Chase in New York comes to you for the establishment of credit lines to trade foreign exchange options and to introduce their new electronic cash management product. Their first point of contact with Emirates NBD would be:
a. | Corporate banking division | |
b. | The financial institutions/correspondent banking division | |
c. | Strategic planning division | |
d. | Internal audit division | |
e. | Branch operations division |
Which of the following is not an accurate statement about the HSBC groups global strategy?
a. | HSBC will move its head office from London to Beijing, China | |
b. | HSBC will expand its business in Hong Kong and Singapore. | |
c. | HSBC will exit the French consumer banking sector | |
d. | HSBC would continue its multi-billion cost cutting program and expand fee generating wealth management business. | |
e. | HSBC will sell its US retail bank |
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