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
26
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
[img]2016m3x/ct_eyyjsbz2013c_eyyjsbcloze_0016_20163[/img]Greyhoundracingi
Whenwethinkofoil,thepartoftheworldthatcomestomindfirstmaybe
[originaltext]I’vementionedhowDNAhavesolvedmanymysteriesinbiology
施工单位应当对进入施工现场的墙体材料、保温材料、门窗、采暖制冷系统和照明设备进行
A.结膜散在出血点 B.结膜苍白 C.结膜滤泡 D.结膜发黄 E.结膜充
下列各项中,属于会计职业道德的主要作用的有()A、规范会计行为的基础 B
A.抗溃疡B.改善微循环C.利尿D.抗心律失常E.抗肿瘤厚朴的药理作用包括
建筑业能源库存按照“谁管理、谁统计”的原则进行统计。()
2014年9月15日,中国人民银行发布公告,授权中国银行()分行担任人
预拌砂浆按生产方式可以分为()。A.湿拌砂浆 B.干混砂浆 C.试配砂
最新回复
(
0
)