So should bank investors get used to such lackluster and weak returns on their capital? 那么,银行投资者应该习惯这样差劲的资本回报率吗?
Thaler, a former bank analyst who founded Jat in 2007, posted huge returns with short positions in Chinese Internet companies and by going long on travel stocks like Priceline. 萨勒曾担任银行业分析师,2007年创立了JAT资本公司。
They worry that cash-strapped Americans and corporate treasurers will favor simple bank accounts over their funds even though they pay slightly higher returns. 这些经理们担心即便他们支付略高的回报率,现金吃紧的美国人和公司司库们也会倾向于把资金存在银行帐户里。
A person close to the bank said it was more focused on returns than revenue. 熟悉该银行内情的人士表示,瑞银更专注于回报而非收入。
SAFE is an agency of the central bank but invests independently under a mandate to optimize returns on the country's foreign-currency reserves and keeps its giant balance sheet separate. 外管局是央行旗下的一个机构,但以实现国家外汇储备收益率最大化为职责进行独立投资,其庞大的资产负债表也保持独立。
Low rates help this process by effectively reducing the value of money invested today-think of the meager interest you get from your bank-and increasing the importance of future returns. 低利率有助于投资者着眼长期,因为它实际上降低了今天所投入资金的价值(想想你把钱存在银行那点微薄的利息)、增加了将来所取得回报的价值。
Wealth management products have surged in popularity in recent years as an alternative to conventional bank deposits, which offer paltry returns that often fail to keep up with inflation. 传统的银行存款回报率极低,常常无法跟上通货膨胀的速度,而作为其替代品,理财产品近年来人气飙升。
Keep the money in the bank and the returns could be paltry and the capital eroded by inflation. 把钱存在银行,那点儿利息微不足道而且通货膨胀让资产缩水。
The announcements came at an investor presentation in New York, where UBS executives acknowledged painful cuts to quit areas in its investment bank where risk-adjusted returns were unattractive. 瑞银在纽约的一次投资者会议上宣布了上述计划。该公司高管在会上承认,瑞银的投行部将忍痛退出一些风险加权回报率缺乏吸引力的领域。
Deutsche Bank has created the Elvis index, which generates returns when stockmarket volatility increases. 德意志银行创造了elvis指数,能随股市波动加剧而产生回报。
Bank officer returns the deposit slip to teller, marked as approved. 银行主管人将存款单返回给出纳员,标记为批准。
When supposedly safe savings vehicles, such as bank deposits, look shaky and offer scant returns, gold has greater appeal as an alternative store of wealth. 原以为安全的储蓄产品,如银行存款,看起来都岌岌可危,提供的回报也都很不理想,此时黄金作为代替的保值工具,就更具吸引力了。
If your bank returns your check without paying it, you may be charged a "no sufficient funds" fee. 如果银行返还给你没有兑现的支票,你可能就要支付存款不足的费用。
Higher deposit rates will allow people to earn more on bank savings, providing a much-needed spur for consumption, while banks will seek higher returns on loans and so will allocate capital more carefully. 提高存款利率将增加人们的储蓄收入,从而为拉动消费提供亟需的刺激,另一方面,银行将寻求更高的贷款回报,从而在配置资本时更加谨慎。
But as long as investors and regulators can remember the crisis, any bank that consistently generates above-average returns is likely to be seen as a target for suspicion, rather than praise. 不过,只要投资者和监管机构没有忘记这场危机,任何回报率持续高于平均水平的银行,都将成为怀疑的靶子,而非称赞的对象。
In theory, social-security funds should mainly be invested in treasury bonds and bank deposits, which yield very low returns. 从理论上说,社保基金只能投资于低回报的国库券或存入银行账户。
If an investor has money on deposit with an investment bank/ broker that not only appears to be at risk but returns nothing, then why maintain the deposit? 如果投资者将资金存入某家投行或经纪商,而该投行或经纪商不但看上去面临风险、而且还把投资者的钱吞得一干二净,那么为何还要存在它们那里呢?
But also bank boards in Europe are making a concerted effort to allocate a larger share of returns to investors and to reduce bonuses in response to the reputational issues. 此外,为了应对声誉问题,欧洲银行的董事会正在共同努力,让投资者得到更高比例的回报,减少奖金。
Leaving it in the bank offers them negative returns, after inflation and tax. 在计入通货膨胀和利息税后,银行存款收益率为负。
Chinese savers get near negative real returns on their bank deposits, yet boosting real returns, which would liberate new funds for consumption, would put huge strains on a still inefficient banking system. 中国储户银行存款的实际回报接近负值。虽然提高实际回报可以释放出新的资金用于消费,但这将给效率依然低下的银行系统带来沉重压力。
If private sector appetite for bank equity returns, we would expect many European banks to raise equity over the medium term, analysts at Nomura predict. 如果私营部门再度对银行股本感兴趣,我们预期很多欧洲银行将在中期募集股份,野村(Nomura)分析师预测。
We need not own100% of a bank, airline, restaurant, hotel, drug company, school to enjoy returns. 我们也不须全资拥有银行、航空公司、餐馆、药店或学校来赚钱。
The elevated level of inflation also means that real interest rates are negative, raising the risk of asset price bubbles as bank depositors seek higher returns elsewhere. 通胀高企还意味着实际利率为负值,随着储蓄者为了得到更高回报而转向别的资产类别,这可能提高资产价格泡沫的风险。
But this is only rational: why would any bank want to lend into a debt-ravaged downturn when higher returns can be had in the markets? 这种选择再理性不过:当市场能够提供更高的回报时,银行为什么还要向负债累累、增长低迷的实体经济放贷呢?
Through the comparison, we can find the advantages and disadvantages of China merchants bank in financial product returns and dig out which categories of products of the China merchants bank have a gap between their line of similar products. 通过比较分析,考察招商银行理财产品收益上的优劣势,挖掘出招商银行哪些类别的理财产品与他行同类理财产品间存在差距。
The fourth part is a auto-correlation method using GARCH family model to a listed commercial bank stock returns and volatility correlation, aggregation, leverage and stock price volatility of the relationship between risk and return. 第四部分采用自相关分析方法、GARCH族模型来研究上市商业银行股票收益与波动的相关性、聚集性、杠杆效应及股票价格波动风险与收益之间的关系。
Large-scale commercial bank assets have higher returns, but the risk is relatively low. 资产规模较大的商业银行具有更高的收益,但风险相对较低。
So for the investors, the answers to these questions decided whether the investors can buy and sell stocks according to the changes of monetary policy of the central bank and obtain excess returns in the stock market. 对投资者而言,上述问题的答案事关其是否可以根据央行货币政策的变化买卖股票,从而在股票市场上获取超额收益。
The high bank cost efficiency means the same input with high returns. 银行成本效率高就意味着相同的投入有着高的回报。