银行

With its development, bank regulation has had a mismatching process between bank stability and bank efficiency.

从监管实践的发展进程来看，银行监管的发展史实际上就是一部有关银行稳定与银行效率相互博弈的历史。

In China, the research of community banks is just at the beginning stage, most of which are barely about the concept and the characters, it is in lack of the systematic research.

社区银行的研究在国内尚处于起步阶段，多数研究停留在对社区银行的概念界定和特点陈述上，对我国发展社区银行的系统研究还很少。

In china, theresearch of community banks is just at the beginning stage, most of which are barely about theconcept and the characters, it is very in lack of the systematic research.

社区银行的研究在国内尚处于起步阶段，多数研究停留在对社区银行的概念界定和特点陈述上，对我国发展社区银行的系统研究还很少。

In china, the research of small and middle sized banks is just at the beginning stage, most of which are barely about the concept and the characters of private banks and community banks, it is very in lack of the systematic research.

小银行的研究在国内尚处于起步阶段，多数研究停留在对我国发展民营银行和社区银行的研究上。

Research Centre for Buffettism matter how intelligently run. Finally, the market's major fear of the moment is that West Coast real estate values will tumble because of overbuilding and deliver huge losses to banks that have financed the expansion. Because it is a leading real estate lender, Wells Fargo is thought to be particularly vulnerable. None of these eventualities can be ruled out. The probability of the first two occurring, however, is low and even a meaningful drop in real estate values is unlikely to cause major problems for well-managed institutions. Consider some mathematics: Wells Fargo currently earns well over $1 billion pre-tax annually after expensing more than $300 million for loan losses.

以上所提到的风险都很难加以排除，当然第一点与第二点的可能性相当低，而且即使是房地产大幅的下跌，对于经营绩效良好的银行也不致造成太大的问题，我们可以简单地算一下， Wells Fargo 现在一年在提列 3 亿美元的损失准备之后，税前还可以赚 10 亿美元以上，今天假若该银行所有的 480 亿借款中有 10%在 1991 年发生问题，且估计其中有 30%的本金将收不回来，必须全部转为损失，则在这种情况下，这家银行还是可以损益两平。

And not many would disagree that if China's hyperactive economy overheats and then sharply contracts, the number of bad loans would soar. That's pretty much what happened in the late '90s when it took a massive mop-up operation of capital injections and other financial assistance by Beijing to prevent outright bank failures.

没有多少人会否认中国高速增长的过热经济一旦放缓，中国银行业不良资产将大幅增加。90年代末中国银行业出现了大量的不良资产，政府只好通过向银行大规模注资和其他援助方式帮助银行冲销不良资产，以免银行倒闭。

IKB Deutsche Industriebank, which lends money to Germany's middle-sized companies, is being bailed out by a group of banks including the state-owned bank that partly owns it, thanks to ill-judged punts on American mortgages.

IKB德国工业银行，贷款给德国中型公司，现在正靠数家银行（包括拥有其部分所有权的国有银行）帮忙才能自保，都是对美国次级抵押市场判断失误惹的祸。

In the league tables that investment banks watch so keenly, Deutsche excelled last year as lead manager of bonds and convertible bonds and of some racier products, such as repackaged debt securities and high-yield "junk" bonds.

在投资银行特别关注的银行排行榜上，在债券、可兑换债券，以及像重新包装的债务证券和高产的&垃圾&证券这类更有活力的业务方面，德意志银行在去年都排名第一。

South China Morning Post of Hong Kong: At present the reform of state-owned commercial banks has entered into a substantive stage. The government has recapitalized these banks for three times in a row. But are you fearful of the potential for moral hazards on the part of these banks?

香港《南华早报》记者：目前国有商业银行改革已经进入实质阶段，政府已经连续三次注资国有商业银行，您会不会担心这样会引发潜在的银行道德风险？

If this happens, in short order China will once again have to repair and rebuild bank balance sheets, either by directly recapitalizing the banks, or by forcing savers to subsidize profits, or, most likely, by a combination of the two.

如果发生这种情况，在短期内中国将被迫再次修复和重建银行资产负债表，要么是向银行直接注资，要么是强迫储户补贴银行，最有可能的情况是这二者的结合。

This one mode pays close attention to network credence foundation of the businessman very much.

这一模式非常关注商人的网络信用基础。

Cell morphology of bacterial ghost of Pasteurella multocida was observed by scanning electron microscopy and inactivation ratio was estimated by CFU analysi.

扫描电镜观察多杀性巴氏杆菌细菌幽灵和菌落形成单位评价遗传灭活率。