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
2013-12-25
28
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 unauthorised 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 internationallending。
转载请注明原文地址:https://jikaoti.com/ti/gJjsFFFM
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
[A]umbrella[B]tower[C]violin[D]park[E]notebook[F]magazine[G]shirtPeopleuseittoplaymusic.
Americanswithsmallfamiliesownasmallcaroralargeone.Ifbothparentsareworking,theyusuallyhavetwocars.Whenthe
EveryTuesday,Carinagoestoworkinabank.Sheknowsallhercustomers(顾客)verywell,becausetheyareherclassmates.Infact
Neithermydog______mycatcanbeseeninthehouse.What’sthematter?
Mr.Blackwasyoungandable.Thebosslikedhim.LastmonthhewassenttoChinaonbusiness.BeforehewentbackfromChina,h
WhenIcametotheUnitedStates,Ididn’tspeakanyEnglish.Whenanyoneaskedmesomething,Ialwayssaid"Yes."ButIreall
Afterthefirstyearoftrading,Mr.Wongprovidedyouthefollowinglistofledgerbalancesasat31December2003:$Stock,1
Mr.Wongisasmallcompany.Anditfailedtorecordeverytransaction.Nowyouareprovidedwiththefollowinginformation:cap
Inaninflationeconomy,theinventoryendingbalancerecordedbyFIFOmethodislowerthanthatrecordedbyLIFOmethod.
Therearethreepartiestoalifepolicyinadditiontotheissuingcompany:theinsurer,thelifeassuredandthebeneficiary.
随机试题
原子吸收分析中,特征浓度的含义()。
组织中职权的形式一般有()
下列叙述中错误的是
A.银翘散B.新加香薷饮C.羚角钩藤汤D.黄连解毒汤E.安宫牛黄丸首选用于治疗急惊风风热致惊证的方剂是()
某企业的年净收益额为10万元,总投资额为110万元,则投资收益率为()。
与基金利润有关的财务指标包括()
下列有关法律主体的说法,错误的是()。
进行尸体护理的做法,错误的是()。
单击表单中的命令按钮,要求弹出一个“祝考试顺利!”的消息对话框,应该在命令按钮的Click事件中编写代码()。
Iwouldlike_______thereyesterday,butIhadnotime.
最新回复
(
0
)