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ID:42935940
大小:32.50 KB
页数:3页
时间:2019-09-23
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1、例文一汉译英最近几年中,伦敦的投资银行还开始建立起了资产管理业务。资产管理是一项比证券交易和投资银行更能确定收入的业务。客户一般包括养老基金。合作投资基金及高净值富冇个人。此外,冇些投资银行还参与对冲基金的业务,对股票、债券、货币及商品进行买空、卖空交易。投资银行积极地为投入新企业的资金提供管理服务——这些资金被投资于管理层收购项目或用于支持新创立的公司,当然在最近几年,大量的资金被投资于网络公司。通常,这些风险投资来源丁•投资银行自冇的资金,也包括那些愿意承担一定风险的客户的资金,因为与投资上市公司比较,这一领域的投资风险较大。投资银行之所以开展这-私人资木业务,主要是因
2、为这些投资公司往往又是投资银行其他服务的需求者个新兴公司,在发展壮大后,就冇可能上市,或者出售,而投资银行在一开始就处于获得持续业务的有利地位。投资银行在很大程度上依赖其屮央服务部门的配合,以控制风险,并确保投资银行的运作能够遵守各种法律和行为守则的规定一一这些法律和守则在欧洲各地是不尽相同的。Londonbasedinvestmentbanksalsodevelopedtheirassetmanagementbusinessinrecentyears.Assetmanagementisamorepredictablesourceofincomethansecurities
3、tradingandinvestmentbanking・Theclientbaseistypicallypensionfunds,collectiveinvestmentfundsandhighnetworthindividuals.Inaddition,someinvestmentbanksrunhedgefundswhichwillrunlongorshortpositionsinstocks,bonds,currenciesorcommodities.Investmentbankshavealsobeenactiveinmanagingfundsforinvestme
4、ntinnewventuresmanagementbuy-outsandinfinancingnewstart-upcompanies,particularly,ofcourse,dotcomstart・upsinrecentyears.Generally,thisactivityinvolvescommitmentofthebank'sownresourcesaswellasthoseofclientswishingtomakeinvestmentsinthisareawhichinevitablyinvolvesahighdegreeofinvestmentriskth
5、aninvestmentinquotedcompanies.Oneoftheobjectivesofthisactivitygenerallyknownasprivateequityisthatcompaniesinwhichinvestmentsaremadefrequentlyusersofotherservicesaninvestmentbankcanprovideastart-upcompany,ifitproposers,maygopublicorbesoldandbybeingthereatthestartthebankwillhavethebestprospe
6、ctsofobtainingongoingbusiness.Investmentbanksrelyheavilyontheircentralservicedepartmentforcontrollingriskandincompliance,ensuringthatallthevariousrulesandcodesofpractice,whichdifferthroughoutEurope,arecompliedwith.例文二英译汉Letmestartwithalittlehistory.Londonhasformanyyearsbeenanimportantfinan
7、cialcentre.Before1986investmentbankingwaslargelytheprovinceofstockbrokingfirmsandinvestmentbanks,thenknownintheUKas"MerchantBanks".Atthattime,membershipoftheStockExchangewasrestrictedtoindividualsonlyacompanywasnotallowedtojointheStockExchange.Asaresult,stock-
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