首页
登录
职称英语
Banks face losses from three sources : their own position if short or long i
Banks face losses from three sources : their own position if short or long i
游客
2025-06-20
21
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 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. [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/4126180.html
相关试题推荐
Assetsaretheeconomicresourcesofthebusinessthatcanbeusefullyexpre
Banksfacelossesfromthreesources:theirownpositionifshortorlongi
Banksfacelossesfromthreesources:theirownpositionifshortorlongi
Theowner’sequityinabusinesscomesfromtwosources:______.(1)Investment
TheavailableresourcesfortheIMFtofinancelendingare______.A、goldreserves
Assetsaretheeconomicresourcesofthebusinessthatcanbeusefullyexpre
Assetsaretheeconomicresourcesofthebusinessthatcanbeusefullyexpre
From:A.MarkovTo:HumanResourcesDept.,JJNCorporationSubj
Thecity’sextraordinaryresources_______boththeacademicprogramsandtheex
Themarketingcompanycouldcutitslossessharplyinthelastquarterduetoa
随机试题
"GivemeafishandI’lleatforaday,teachmehowtofishandI’lleatfo
[originaltext]M:Areyougoingtothemoviestonight?W:I’mafraidnot.Istil
[originaltext]W:AreyouallreadyforChristmas?M:No,Ihaven’tevenstarted
Thesmallvillagewasperfectlyquiet,exceptforafew______dogbarking.A、abru
下列短语属于连谓短语的是( )。A.看着高兴 B.请他跳舞 C.喜欢游泳
有关人工流产术吸宫不全的处理不正确的是A.超声检查确诊 B.若无明显感染迹象,
麻黄、浮小麦、糯稻根共有的功效是A.益气除热B.益胃生津C.固表止汗D.补肾宁心
患者,男,50岁,诊断为高血压、冠心病。医师处方,氨氯地平片10mgpoqd
某通信行业上市公司普通股目前市价为15元,预期每股年股利额为0.7元,股利年期望
职业健康安全管理体系和环境管理体系运行中的实施重点是围绕()等开展活动。A
最新回复
(
0
)