首页
登录
职称英语
Banks face losses from three sources: their own position if short or long in
Banks face losses from three sources: their own position if short or long in
游客
2025-06-19
25
管理
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. [br] If employees of a bank gamble in foreign exchange dealings with the bank’ s money, the bank will suffer heavy losses of foreign currencies.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
A
解析
第一句中间dealing positions taken by employees who gamble with the bank’s money以及举例,都说明了题中观点是正确的。
转载请注明原文地址:http://tihaiku.com/zcyy/4125361.html
相关试题推荐
Themostfundamentalpropositionofmodernportfoliotheorycanbestatedasfol
Whichofthefollowingisnottrueofresources?______.A、Theyareeconomiceleme
Assetsaretheeconomicresourcesofthebusinessthatcanbeusefullyexpre
Banksfacelossesfromthreesources:theirownpositionifshortorlongi
Banksfacelossesfromthreesources:theirownpositionifshortorlongi
TheavailableresourcesfortheIMFtofinancelendingare______.A、goldreserve
Theowner’sequityinabusinesscomesfromtwosources:______.(1)Investment
TheavailableresourcesfortheIMFtofinancelendingare______.A、goldreserves
Banksfacelossesfromthreesources:theirownpositionifshortorlongin
Assetsaretheeconomicresourcesofthebusinessthatcanbeusefullyexpre
随机试题
Eachofushasabilities,whetherphysical,mentalorsocial.Whatmostofu
Thewin______gloriousmemoriesofhischampionship-winningdays.A、retreatedB、re
He______furiouslyatmewhenIcontradictedhim.A、ogledB、gapedC、glaredD、peer
Thetrainclatteredoverpointsandpassedthroughastation.Thenitbegan
CPU能直接访问的存储部件是()。A.软盘 B.硬盘 C.内存 D.光盘
负荷计算中描述错误的是( )。A.需要系数法一般用于干线、配变电所的负荷计算
对以下哪项地震烈度及气候区域的室外工程管线,《民用建筑设计通则》要求另需符合有关
断路器全面巡视内容有()断路器动作计数器指示正常$;$弹簧操动机构弹簧无锈蚀、
根据下列资料回答问题。 2009年4月,我国入境旅游的第三大客源市场是(
多个特定客户资产管理计划可以在每年6月份的最后一个交易日和12月份的最后一个交易
最新回复
(
0
)