经济学人:瑞士银行 谭天忠的微调(1)

 　　Finance and Economics 财经

　　Credit Suisse: Thiam's tweak 瑞士银行：谭天忠的微调

　　Another change of plan at Switzerland's second biggest bank. 瑞士第二大银行做出了另一改变。

　　Europe's most troubled big banks may at last be on the road to recovery. 在欧洲，麻烦最大的几家银行也许至少处在恢复的道路上。

　　Not only is economic growth perking¹ up; uncomfortable decisions, put off too long, are also being taken. 不仅经济增速振作起来，而且那些令人不快而推迟太久的决定也拍板了。

　　In recent months, UniCredit, Italy's largest lender, has written down bad debt by 8.1bn euro ($8.7bn) and tapped shareholders² for 13bn euro. 在最近的几个月里，意大利最大的放贷方——裕信集团已经减记坏账八十一亿欧元（约八十七亿美元）并从股东筹资一百三十亿欧元。

　　Deutsche Bank, Germany's biggest, has raised 8bn euro in equity³ and decided⁴ to keep a retail⁵ business it had hoped to sell. 德国最大银行——德意志银行已经股权融资八十亿欧元，并决定按照预期继续保持零售业务的销售。

　　On April 27th it reported first-quarter net income of 575m euro, up from 236m euro a year earlier, although revenue fell. 4月27日，德银报告第一季度营业收入有所下降，但净收益从上年度两亿三千六百万欧元增加到五亿七千五百万欧元。

　　Like Deutsche, Credit Suisse is freer to make plans after a recent settlement with American authorities over mis-selling mortgage-backed securities before the financial crisis. 与德意志类似，瑞信在近期与美国机构就之前金融危机中误售按揭证券的问题达成一致后，在制定计划方面更加自由了。

　　On April 26th Switzerland's second-biggest bank reported first-quarter net income of SFr596m ($594m), far better than forecast, reversing a SFr302m loss a year before. 4月26日，这家瑞士第二大银行报告称第一季度净收入五亿九千六百万瑞郎（约五亿九千四百万美元），远远高于预期，扭转了去年损失三亿零两百万的局面。

　　Along with most of Wall Street, which published earnings⁶ earlier in the month, and Deutsche it benefited from a good quarter for fixed-income trading. 华尔街大多数机构这个月初宣布盈利，与它们和德银一样，瑞信得益于第一季度的固定收益交易经营良好。

　　It expects to wind up a unit in which it has dumped unwanted assets by the end of 2018, a year ahead of schedule. 它期望在2018年底解散一个部门，瑞信已经从中抛售了一些多余资产，这比计划安排要提前一年。

　　Credit Suisse's chief executive, Tidjane Thiam, has also ditched a plan to float 20-30% of the group's Swiss universal bank 瑞士信贷总裁谭天忠（Tidjane Thiam）也已经放弃了为集团旗下瑞士环球银行（Swiss universal bank）增发20-30%股票的计划

　　part of a scheme, conceived in 2015, to raise SFr9bn-11bn of capital. 这是2015年的方案的一部分，当时构想增加九十亿至一百一十亿瑞郎的资本。

1 perking   

（使）活跃( perk的现在分词 )； （使）增值； 使更有趣

参考例句：

• The weather seems to be perking up. 天气似乎要变好。
• She is perking herself at mirror. 她正对镜化妆。

2 shareholders   

n.股东( shareholder的名词复数 )

参考例句：

• The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
• the company's fiduciary duty to its shareholders 公司对股东负有的受托责任

3 equity   

n.公正，公平，（无固定利息的）股票

参考例句：

• They shared the work of the house with equity.他们公平地分担家务。
• To capture his equity,Murphy must either sell or refinance.要获得资产净值，墨菲必须出售或者重新融资。

4 decided   

adj.决定了的，坚决的；明显的，明确的

参考例句：

• This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
• There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。

5 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

6 earnings   

n.工资收人；利润，利益，所得

参考例句：

• That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
• Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。