投资银行业务

In recent years, domestic orgnaization participates in the pace of PE market to be accelerated stage by stage, the letter in be opposite, medium after gold casts pilot certificate business twice to evaluate continuously, card inspect can announce to will enlarge pilot limits moderately again, what the stockjobber that allows to accord with a condition can apply for to begin direct investment professional work to Chinese card inspect is pilot; And how does the commercial bank also participate in PE domain in active exploration, be versed in Jiang Jianqing shows a president, the commercial bank should run business to accelerate development capital, the bank must extend its equity to invest the investment space of the domain such as fund further.

近年来，国内机构参与PE市场的步伐逐步加快，在对中信、中金两家直投试点券商评估后，证监会又公布将适度扩大试点范围，答应符合条件的证券公司向中国证监会申请开展直接投资业务的试点；而商业银行也在积极探索如何参与到PE领域，工行董事长姜建清表示，商业银行要为加快发展资产治理业务，银行必须进一步拓展其股权投资基金等领域的投资空间。

The Bank had also kept good relationship with many international organizations, such as Asian Development Bank, African Development Bank, West African Development Bank, Multilateral Investment Guarantee Agency, International Financial Association, etc.

与花旗银行、摩根大通银行、巴克莱银行、德意志银行、法国巴黎银行、东京三菱银行、汇丰银行、瑞穗实业银行、瑞士银行集团、美林集团、高盛集团、大和SMBC株式会社、野村证券等众多著名国际金融机构以及亚洲开发银行、非洲开发银行、西非开发银行、多边投资担保机构、国际金融协会等国际组织保持着密切往来，高层互访不断，为进一步拓宽业务合作提供了良好的保证。

Business. Banks can develop the business of gathering and payment on commission ,as well as make full use of qualification of commercial banking market to provide other financial institutions to issue bond as the agents, virement , insurance agent, fund trusteeship, financing on commission, assetsmanagement, finace consultant ,investment consultation etc., and improve the earning of intermediary business .At the same time, to develop low-risk, high-yield new intermediate business varieties actively in order to greatly enhance the profitability of banks and make the business sustainable.

银行可在积极拓展代收、代付等业务的同时，充分利用商业银行市场主体资格，积极为其他金融机构提供代理发行债券、银证转帐、代理保险、基金托管、代客理财、资产管理、财务顾问、投资咨询等，提高中间业务收人，积极主动地开发低风险、高收益的中间业务新品种，以此大幅度提升银行的盈利能力，促进银行可持续发展。

Reporter has learned that the Center and the Bank jointly launched the replacement of individual housing provident fund loan portfolio refers to the application for individual housing loans of the borrower, by the trustee bank to use bank funds to the borrower issuing bank commercial individual housing loans, by banks on behalf of the borrower to Kunming housing provident fund management center to apply for individual housing provident fund loans, agreed to by the management center for approval, the provident fund loans with bank loans Replacement "first trustee bank loans, after the replacement loan fund portfolio" of loans.

记者了解到，该中心和世界银行共同发起了更换个人住房公积金贷款业务是指在申请个人住房贷款的借款人，由受托人银行使用银行资金向借款人发放的商业银行个人住房贷款，由银行代借款人到昆明住房公积金管理中心申请个人住房公积金贷款，同意由管理中心批准，公积金贷款与银行贷款的替代品&第一受托人银行贷款，后更换贷款基金的投资组合&的贷款。

As a final consideration, you note that starting this business will mean that you will not be able to take the investment banking job you have been offered (which offered $ 75000 a year for the next 5 years).

作为最后的考虑，你注意，开始这项业务将意味著您将无法采取投资银行的工作你已经提供（提供七点五○万美元一年为未来5年）。

He says:"Investing bank branch is impartible for silver-colored to luck whole world business and commercial pattern cut one share."

他说：&投资银行部门对于瑞银的全球业务和商业模式来说是不可分割的一部分。&

There are some successful experiences in the countries throughout the world that we can use for reference Basing on Chinese reality and using of the international experience of other countries, the paper puts forward some short-termed and medium-and-long termed measures to start up Chinese folk investment through finance These measures are as f ollo~vs establihing polical financial channel building credit guarantee system for folk MS SE, integrating Chinese financial policy supporting greatly Chinese Medium-and-small financial institutions improving the service of state-owed commercial banks for MSSE.

本文在借鉴世界各国金融启动民间投资成功经验的基础上，结合当前我国民营中小企业发展中存在的实际困难，立足我国现实国情，提出了金融启动民间投资的近期对策和中长期对策，包括有建立政策性的筹资渠道、建立民间中小企业信用担保体系，完善我国的金融政策、大力支持我国中小金融机构的发展、改善我国国有商业银行对中小企业的金融服务、大力拓展银行中间业务、发展融资租赁业、以中小企业的整体重组促进投融资、发展风险投资、建立二板市场等。

The majority of investment banks also maintain brokerage and trading operations for institutional and retail clients.

大多数投资银行也会为一些机构和散户投资者做经纪和委托买卖业务。

Achievements: 1997-2000, planned, organized lodging claims against a German shipyard under a shipbuilding contract and won the arbitration case conducted by London Maritime Arbitrators' Association; 1999-2004, Represented CMC to participate five arbitration cases before CIETAC with satisfactory outcome for each;2001-2002, participated in negotiations as the leading counsel and successfully concluded contracts for several projects, including: a Cairo Cement Project (CMC as the general contractor, contractual value at US$65 million), Egypt; and b Barapukuria Power Plant Project (CMC as the general contractor, contractual value at US$220 million), Bangladesh.2002, participated in negotiations of equipment and technology transfer of Gas-Turbine between CNTIC and GE, successfully concluded contract; planned, organized lodging claim against BK a German company and recovered 15 million USD.2004, participated the tender project of nuclear power plant and technology transfer, particularly in designing the transaction structure; 2005, planned, organized solution of a dispute between CMC and a Danish company in a project under NORDIC loan and represented CMC to appear before SCC Arbitration Institute; 2005-2006, organized and participated legal work as the leading counsel for CMC the contractor in Turkish high speed railway project.

主要业务成果： 1997-2000年参与德国政府贷款船舶进口项目争议的解决，策划、组织了对外商索赔并赢得了由伦敦海事仲裁庭审理的仲裁案；作为代理人参加了5起贸仲仲裁案件和多起国内诉讼案件，均获得较好审理结果；2001-2002年参与出口埃及水泥厂项目和出口孟加拉坑口电站等多个海外项目，进行法律风险评估，参加合同谈判，修改合同文本并出具法律意见，促成交易；2002年参与燃气轮机打捆招标项目，审核合同文件，参加了与美国GE公司的谈判，成功签约；策划、参与对德国BK公司的索赔，成功获偿1530万美元；2004年参与核电站及技术转让招标项目，参与设计交易结构、审核相关合同文件；2005年作为代理人组织、参与了与丹麦公司因北欧投资银行项目产生争议在瑞典斯德哥尔摩商会仲裁院的仲裁案；2005-2006年主持、领导土耳其安伊高速铁路项目中方总包方的法律工作，包括包括参与设计交易安排，参与组织行政复审、司法复审程序等。

Large financial institutions and investment banks acquired subprime mortgage originators and servicers at a strikingly low price.

大型金融机构和投资银行获得在非常低的价格次级抵押贷款发起人和业务人员。

But we don't care about Battlegrounds.

但我们并不在乎沙场中的显露。

Ah! don't mention it, the butcher's shop is a horror.

啊！不用提了。提到肉，真是糟透了。