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
外语
Banks face losses from three sources : their own position if short or long in a particular currency; dealing positions taken by
Banks face losses from three sources : their own position if short or long in a particular currency; dealing positions taken by
admin
2012-01-26
74
问题
Banks face losses from three sources : their own position if short or long in a particular currency; dealing positions taken by employees who gamble with the bank’s money; and defaults by counter-parties to forward exchange contracts and covering transactions. These risks were well illustrated by events in 1974: Bankhaus Herstatt, cologne, collapsed due largely to losses on its foreign exchange exposures; Lloyds Bank, Lugano, lost USD77 million due to unauthofised trading by staff. Herstatt’s closure by the Bundesbank during working hours left many banks with unfulfilled foreign exchange transactions. Since then banks and authorities have tightened their control. Banks still take a position on foreign currencies and put traders on commission to speculate on their behalf, but mainly on within-day trading or on overnight positions. On longer-term positions banks aim to match liabilities and claims in a particular currency or cover the difference in the swap market.
Banks in international lending face the risks common to all banks: liquidity risk, interest rate risk, credit (asset) risk, and contingent liabilities risk.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
C
解析
文章通篇提及银行面临的三类风险,并加以举例,并没有提及Banks in international lending。
转载请注明原文地址:https://kaotiyun.com/show/7sid777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
Why______youcomealittleearlier?
A、It’scold.B、It’sraining.C、About12Centigrade.C
Peopleliketothinkthatlifewasbetterinthepast.Theairwascleaner,thewaterwasclearer,people【C1】______friendlier,l
Ifyouhaveagreedtogoouttoeatwithsomeone,youshouldbeclearwhoispaying.Iftheotherpersonsuggeststhatyoushoul
Abillofexchangewhichisdrawninfavourofafictitiousornon-existingpersonisnotvalid.
Internationaltradealwayscreatestheneedforforwardoperations,iftheexchangeriskistobehedged.Letusconsidertheca
accept,discount,against,dishonoured,attached,hypothecation,credit,draw,ownership,amountWhenaLetterofCredith
AchequepayabletoABCCompanyiscreditedtothepersonalaccountofMr.Gao.Thebank______.
Wong&Kemp协会为KitchenFastFoodLtd.做审计,该协会出具的1990—1991年度报告显示,公司盈利200000美元。KitchenFastFoodLtd.将此报告给了QuickMoneyBank,依此报告得到了150
Thedocumentarycollectionprovidesthesellerwithagreaterdegreeofprotectionthanshippingon______.
随机试题
下列全部属于脂溶性维生素的是_______。
A.选择偏倚B.信息偏倚C.混杂偏倚D.报告偏倚E.失访偏倚前瞻性的研究容易产生的偏倚是
具有疏散风热,透疹利咽,解毒消肿功效的药物是
下列诊断,哪项是错误的产后24小时,产妇寒颤,高热,体温高41℃,心率140次/分,血压6.0/2.0kPa(45/15mmHg),子宫压痛,下腹反跳痛,用升压药无效,即刻处理哪项最恰当
患儿女,1岁。因咳嗽、发热1天就诊,查体:精神萎靡,体温40℃,双肺可闻少许湿啰音,心脏听诊无明显异常。WBC18.4×109/L,Hb11.4g/L。胸部X线片提示:双肺感染性病变,门诊按“肺部感染”予头孢类抗生素抗炎治疗,在输液过程中患儿突然出现抽
从投资策略来看,保守稳健型一般可选择()。
下列纠纷中,可以适用《仲裁法》解决的是()。
下列毛泽东诗词名句,描写的情境属于第三次国内革命战争时期的是()。
现代社会中,人们是在相对统一的时间里交往活动,这有利于节约社会成本,提高社会效率,推动社会发展。但全社会的“步调一致”容易导致交通的堵塞,由此引发的一系列社会问题不容忽视。从另一方面来看,人们的需要、社会发展的需求,又对作息时间提出了不同的要求。但作息时间
下列权利中,须以不动产作为客体的是()。
最新回复
(
0
)