首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
European regulators have contributed to their banks’ decline, in two ways. First, they are specifying how much banks can pay in
European regulators have contributed to their banks’ decline, in two ways. First, they are specifying how much banks can pay in
admin
2018-03-01
47
问题
European regulators have contributed to their banks’ decline, in two ways. First, they are specifying how much banks can pay in bonuses relative to base pay. Second, they are trying to force banks to hold more capital and to make it easier to allow them to fail by, for instance, separating their retail deposits from their wholesale businesses.
The first approach is foolish. It will drive up the fixed costs of Europe’s banks and reduce their flexibility to cut expenses in downturns (低迷时期). They will therefore struggle to compete in America or fast-growing Asian markets with foreign rivals that have the freedom to pay the going rate. The second approach is sensible. Switzerland and Britain are making progress in ending the implicit taxpayer subsidy that supports banks that are too big to fail. The collapse of Ireland’s economy is warning enough of what happens when governments feel compelled to help out banks that weaken their economies.
Some European bankers argue that the continent needs investment-banking champions. Yet it is not obvious that European firms or taxpayers gain from having national banks that are good at packaging and selling American subprime loans (次级贷款). Indeed, it is American taxpayers and investors who should worry about the dominance of a few Wall Street firms. They bear the main risk of future bail-outs (紧急援助). They would benefit from greater competition in investment banking. IPO fees are much higher in America than elsewhere, mainly because the market is dominated by a few big investment banks.
Wall Street’s new titans say they are already penalised by new international rules that insist they have somewhat bigger capital buffers (缓冲) than smaller banks because they pose a greater risk to economies if they fail. Yet the huge economies of scale and implicit subsidies from being too big to fail more than offset (抵销) the cost of the buffers. Increasing the capital surcharges for big banks would do more for the stability of the financial system than the thicket of Dodd-Frank rules ever will. Five years on from the frightening summer of 2008, America’s big banks are back, and that is a good thing. But there are still things that could make Wall Street safer.
Compared with small banks, larger ones have bigger capital buffers because ______.
选项
A、they will threaten the economies if they go bankrupt
B、the government pays more attention to larger banks
C、larger banks have more fund than smaller ones
D、they can do more for the country’s economy
答案
A
解析
根据题干中的“small banks”,“capital buffers”等词定位到第四段首句:...they have somewhat bigger capital buffers than smaller banks because they pose a greater risk to economies if they fail. 答案就在because后面,即“they pose a greater risk to economies if they fail”与选项A表述相符。其中“pose a greater risk to economies”=“threaten the economies”;“fail=go bankrupt”。综上所述,选项A为正确答案。
转载请注明原文地址:https://kaotiyun.com/show/3NBZ777K
0
考研英语一
相关试题推荐
IsGooglecreatingthenextgenerationofofficeblowhards?AcleverpsychologicalstudybyYaleUniversityresearchers【B1】_____
"Ofthepeople,bythepeople,andforthepeople."That’showAbrahamLincolndescribedtheAmericangovernmentinhisGettysbu
Losingajobisconsideredoneofthefivemoststressfullifechangesyoucanexperience.【F1】Thosewhohavebeentheresayit
America’seconomyiscertainlyinatenderstate.Butthepessimismofthepresidentialslanging-matchmissessomethingvital.L
Oneoftheleastappreciatedbutmostremarkabledevelopmentsofthepast60yearsistheextraordinarygrowthofAmericanagric
GivetheSenatesomecredit:inshapingthecurrentimmigration-reformbill,ithascomeupwithoneideathatalmosteverybody
Laborisnotjustameaningfulexperience—it’salsoamarketableone.Wheninstantcakemixeswereintroduced,inthe1950s,hou
TheEconomistcalculatesthataroundtheworldalmost290million15-to24-year-oldsareneitherworkingnorstudying:almosta
TheEconomistcalculatesthataroundtheworldalmost290million15-to24-year-oldsareneitherworkingnorstudying:almosta
随机试题
【背景资料】某新建办公楼,地下1层,筏板基础,地上12层,框架一剪力墙结构。筏板基础混凝土强度等级C30,抗渗等级P6,总方量1980m3,由某商品混凝土搅拌站供应,一次性连续浇筑。在施工现场内设置钢筋加工区。在合同履行过程中,发
某房地产的土地面积1000平方米,建筑面积3500平方米。该房地产的土地部分于1998年12月1日通过出让方式取得,价格为每平方米1100元,土地使用权年限为50年;建筑物于2000年12月1日建成使用,每平方米的建筑造价为700元,经济使用年限为60年。
A.HIVB.HBVC.HAVD.HSVE.HPV最易造成潜伏感染的病毒是
A.X线片示大片状阴影,呈肺叶和肺段分布B.X线片呈大片状阴影,内有空洞伴液平C.X线片呈右上空洞,周围有斑片状阴影D.X线片呈右下偏心空洞,内壁凸凹不平肺癌
患者,男,40岁。发现心脏杂音2年,以下改变对明确风湿性心脏病的诊断最有价值的是
下列关于骨髓增生异常综合征的叙述正确的是
对脾肿大与腹腔肿块的鉴别,最有意义的是
建筑物应合理地安排活动空间和交通空间。()
纵缝设计时必须要设置键槽,并进行接缝灌浆处理,或设置宽缝回填膨胀混凝土。键槽的形式有()等。
请根据以下各小题的要求设计Visual。Basic应用程序(包括界面和代码)。(1)在名称为Form1的窗体上画一个文本框,名称为Text1,内容为“VB程序设计”;再画两个命令按钮,其名称分别为Command1和Command2,标题分别为“扩
最新回复
(
0
)