杠杆比率

从非正式的角度来说，美国财长蒂姆盖特纳（TimGeithner）对最高杠杆比率心中有数。

Unofficially , Tim Geithner , the US Treasury secretary , has a maximum leverage ratio in mind .

同时，负责金融稳定的瑞士央行（SwissNationalBank）建议引进美国式的杠杆比率，即股本相对于资产的比率，作为额外缓冲机制。

Separately , the Swiss National Bank , responsible for financial stability , has recommended the introduction of US-style leverage ratio , measuring equity relative to assets , as an extra buffer .

不过，在政策制定者承诺降低杠杆比率、扩大金融机构股本基础之时，维持TDI似乎有悖于常理。

Yet maintaining TDI seems perverse at a time when policymakers are committed to reducing leverage and boosting the equity base of financial entities .

RAC比率反映银行的杠杆比率（资产在股本中所占比率），并在更大程度上计入资产的风险权重。

The RAC ratio reflects banks ' leverage asset volumes as a proportion of equity and factors in greater risk-weightings on assets .

把银行体系的杠杆比率恢复到上世纪90年代中期的水平，将需要大规模的资本结构重组：按照IMF的说法，美国将需要5000亿美元，欧元区需求7250亿美元，英国需要2500亿美元。

Bringing banking systems back to the leverage ratios of the mid-1990s will require massive recapitalisation : $ 500bn in the US , $ 725bn in the euro area and $ 250bn in the UK , says the IMF .

高盛投资银行（GoldmanSachs）和摩根士丹利（J.P.Morgan）等投资银行将无法故技重施，继续利用杠杆比率来刺激产生收入的交易，最终，它们将沦为银行业巨头的猎物。

Investment banks Goldman Sachs and Morgan Stanley won 't be able to use the levels of leverage they once did to boost revenue-generating trading operations , making them prey for the megabanks .

Och-Ziff一直重点关注风险管理，包括最大限度地降低杠杆比率。

Och-Ziff has always been focused on risk management , including the minimal use of leverage .

这样一来，负责监督全球银行业监管的巴塞尔委员会，就能如期公布新规“巴塞尔协议iii”的基础大纲，而无需解决争执得最厉害的有关银行资本、流动性和杠杆比率等的意见分歧。

That would allow the committee , which oversees global banking regulation , to publish a basic foundation for the New Basel III rules on time , without resolving disagreements on many of its most contentious proposals on capital , liquidity and leverage .

杠杆比率偏高会令Navis感到不安，但该公司预计将在收购对象的经营上投入大量时间。

Navis feels uncomfortable taking on much leverage , but expects to spend lots of time with its acquisitions .

英国、法国和日本的数家大银行曾向投资于伯纳德·马多夫（BernardMadoff）的多个支线基金放贷巨额资金，从而帮助投资者以三至四倍的杠杆比率，加码押注于这位涉嫌欺诈者。

Big banks from the UK , France and Japan helped investors treble or quadruple their bets on Bernard Madoff by lending billions of dollars to feeder funds , which placed their money with the alleged fraudster .

IMF断定，要将杠杆比率降至17比1（或普通股本占总资产的6%），美国、欧元区和英国分别需要5000亿美元、7250亿美元和2500亿美元的额外股本。

The IMF concludes that the extra equity needed to reduce leverage to 17 to 1 ( or common equity to 6 per cent of total assets ) would be $ 500bn in the US , $ 725bn in the eurozone and $ 250bn in the UK .

所有这些都意味着银行将缩减信贷，以降低自身的杠杆比率。

All this means reductions in credit to reduce bank leverage .

4，利用杠杆比率限制来遏制融资周期。

Fourth , impose leverage limits to counter the funding cycle .

上述种种举措将削弱银行的盈利能力，并降低它们的杠杆比率。

All these will cut the profitability and leverage of banks .

要是我动用物业套现贷款，增加杠杆比率的话，恐怕能赚得更多。

Particularly if I tapped into the home-equity loan and leveraged up .

杠杆比率、资产价格泡沫和银行信贷风险

Leverage Ratio , Asset Price Bubble and Banks'Credit Risk

降低杠杆比率，意味着投资回报率下降。

Lower leverage levels meant lower returns on investments .

全球经济所需要的是降低杠杆比率。

What the world economy needs is reduced leverage .

在多数情况下，高杠杆比率信托已基本上全部进行投资了。

In most cases , highly-geared trusts are already close to fully invested .

而杠杆比率对于券商绩效的影响不太显著。

But the leverage ratio for securities ' performance effect is not significant .

12%的杠杆比率是业内最低的。

Gearing is a sector-low 12 per cent .

冰岛的银行杠杆比率都很高，相对于国内经济而言资产规模较大。

The Icelandic banks were highly leveraged and large relative to the domestic economy .

在这种情况下，你必须采取不一样的做法，导致你的杠杆比率过高。

That has to be managed differently , so you have excess leverage ratios .

银行典型的杠杆比率约为10：1。

Banks are typically leveraged about 10-to-1 .

其二，基于高杠杆比率的高回报率，可能是一种幻觉。

The second is that high returns based on high leverage may be a mirage .

杠杆比率将实质性降低。

Leverage would be materially reduced .

以资产衡量的规模（即资本乘以杠杆比率）更贴金答案。

Size measured by assets that is , capital times leverage gets closer to the answer .

这涉及三个问题：第一，银行和投资经纪商的杠杆比率过高。

There were three issues : first , excessive leverage in the banks and investment dealers .

对冲基金等杠杆比率较高的投资者的沉重抛盘，也加剧了市场的跌势。

Falls had been aggravated by heavy selling by highly leveraged investors such as hedge funds .

高杠杆比率投资信托同时承担着无法为债务融资的风险。

Highly-geared investment trusts also run the risk of not being able to refinance their debt .