大学金融英语chapter 26 US Commercial Bank Management

,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,单击此处编辑母版标题样式,单击此处编辑母版文本样式,二级,三级,四级,五级,*,*,Chapter Twenty-Six,U.S.Commercial Bank Management,Learning objectives,After studying this Chapter you should be able to:,1.Tell for what reason we study bank management,2.Explain the basic principles of bank management,3.Describe the major aspects of U.S.bank management,Notes,I.New Words,1.to finance vt.为提供资金providing money for doing sth.,此处finance 可被fund 所取代表示同样意思,2.to run vt.管理，经营，如 to run a bank 也可用to manage表示同样的意思,3.to diversify vt.使多样化to make different or various in form or quality 有时也可用to vary 取代 to diversify,4.to replenish vt.补充，添加to put new supplies into;to fill up again,5.shortfall n.缺少，缺乏an amount lacking to reach the amount needed,expected,or hoped for,e.g.We hoped to make 1000 but after our bad luck there will be aof at least 200.,6.defalcation n.盗用公款，侵吞公款embezzlement of property or money belonging to another party 动词为defalcate,Notes,II.Useful and Idiomatic Expressions,1.to run out of sth.,用完,to be no longer in supply,e.g.We have,paper.,2.by means of,用；依靠,by using,e.g.She could not speak,but made her wishes known,signs.,3.now(that),既然,as a result of the fact that or since,e.g.Now(that)Ive heard the music I understand why you like it.,4.to make adequate provision for liability,为负债提供足够的资金,5.to default on ones debt or loan,债务违约，拖欠债务或贷款,Notes,6.to seek out,寻找,=to find sth.or sb.by looking hard,e.g.To make profit,a bank must seek out loan business.,7.to make interest and principal payments on time,及时偿付本息,8.to set target goals for.,为,制定所瞄准的目标,9.to be concerned with.,对,表示关切,10.to inflict loss on/upon,使遭受损失,to force sth.unwanted or unpleasant on sb.,e.g.Dont inflict this loss on us.,11.to turn ones attention to.,将某人的注意力投向,Notes,III.Key Terms,1.rate of default 债务拖欠比率，违约率,2.reserves 准备金banks holding of deposits in accounts with the Fed,plus currency that is physically held by banks(vault cash),3.negotiable certificates of deposit 可转让的大额存款单或存单有时可简化为negotiable CDs.CDs originated in the USA in the 1960s,Now in the U.S.negotiable CDs are largedenomination certificates of deposit($100000 or more)issued by a commercial bank,which are interest-bearing time deposits.They are often held by institutional investors,insurance companies,and financial institutions.,4.equity capital 股份资本net worth the difference between a firms assets and its liabilities.,5.balance sheet 资产负债表a list of the assets and liabilities of a bank(or firm)that balances total assets equal total liabilities plus capital.,Notes,6.liquidity 流动性the relative ease and speed with which an asset can be converted into cash,7.checkable deposits 能开支票或汇票的活期存款账户deposit accounts that may be drawn against by writing checks or drafts.The term includes,in addition to demand deposit accounts,NOW account which means negotiable order of withdrawal account 可转让支付命令账户,8.financial instruments 金融工具easily tradeable packages of capital,each having their own unique characteristics and structure.In todays financial marketplace,financial instruments can be classified generally as equity based,debt based and foreign exchange instruments.,9.off-balance sheet items 表外工程those items which do not appear on the balance sheet of a bank or a company,10.risk-adjusted risks 经风险调整的资产,Notes,11.loan loss reserves 贷款损失储藏金,12.subordinated debt 后偿债务the debt that is paid off only after depositors and other creditors have been paid 类似的表达方法还有subordinated loan 后偿贷款,13.stringent total capital requirement 严格的总资本需求量,14.leverage risk 举债风险 also called capital risk,15.international risk 国际风险 which can include fluctuations in currency exchange rates and country risk beyond ordinary credit risk,16.credit risk 信用风险(also called default or asset quality risk=the possibility of not receiving cash flows from assets when promised,17.human resources management 人力资源管理,Main,Text,Rationale of Studying Bank Management,This is because of the fact that banks play a critical role in channeling funds from savers to borrowers with productive,investment opportunities.,This is also because banks are important in ensuring the smooth and effective working of a countrys financial system and economy.,Main,Text,General Principles of Bank Management,1.To make sure that the bank has enough ready cash to pay its depositors,2.To pursue an acceptably low level of risks by acquiring assets that have a low rate of default and by diversifying asset holdings,3.To make a correct decision about the amount of capital the