I'm not talking about investment banks in this lecture -I'm talking about commercial banks, which accept deposits from depositors.

这节课不讲投资银行,只讲商业银行,商业银行从储户那里吸收存款

耶鲁公开课 - 金融市场课程节选

Instead of having a central bank we decided that there would be a list of banks called the National Banks.

与拥有一个中央银行不同的是,我们决定将很多银行归到,国家银行的行列中。

耶鲁公开课 - 金融市场课程节选

This is not the banks of newfoundland and the Greeks do eat fish, but not a lot.

这里不比纽芬兰沿岸,位于加拿大东海岸外的岛屿,世界最大渔场之一

耶鲁公开课 - 古希腊历史简介课程节选

I think that going forward, both the rating agencies and the banks will be very important in our society.

我认为这会有效果,信用评级机构和银行,都将会在我们的社会中扮演很重要的角色

耶鲁公开课 - 金融市场课程节选

It did it through banks; they gave the money to banks to make loans to people who were in trouble.

贷款还是通过银行发放,他们把钱给银行,然后由银行向有困难的人放贷

耶鲁公开课 - 金融市场课程节选

The banks weren't willing to lend more than five years because they didn't trust you; they thought things would change and whatever.

银行不愿批准期限超过五年的贷款,因为他们不相信你,他们认为世事难料

耶鲁公开课 - 金融市场课程节选

There must be fundamental reasons for it and I wanted to go over some of the fundamental reasons why we have banks.

它的形成必有其根本的原因,下面我就阐述银行产生的一些基本原因,为什么会有银行

耶鲁公开课 - 金融市场课程节选

The banks were not technically government institutions well they're semi-government; it's kind of strange set-up.

严格来说，这些银行,不是政府机构它们是半政府机构；,它们是奇特地建立的。

耶鲁公开课 - 金融市场课程节选

And the central and also there are the banks from the regional banks that have a roll.

而且中央银行和地区银行,都有发挥的空间。

耶鲁公开课 - 金融市场课程节选

There's been a trend to making central banks more independent and there are particular things that happened.

有一个,使中央银行更加独立自主的趋势,并且一些特殊的事情发生了。

耶鲁公开课 - 金融市场课程节选

But they can also participate in choosing the directors and the president of the Federal Reserve Banks.

但是它们可以参与挑选负责人和,联邦储备银行的行长这一过程。

耶鲁公开课 - 金融市场课程节选

So, the banks said, of course we'll do that; that created a major change in mortgage lending.

所以银行说,我们当然愿意这样,这是抵押贷款的一个巨大的变革

耶鲁公开课 - 金融市场课程节选

The Federal Reserve Banks are owned not by the government but by the banks in the region where they operate; they're called member banks.

联邦储备银行并不是,被政府所有的,而是被它们运行所在的区域内的银行所有；,它们被称为联邦储备银行的会员银行。

耶鲁公开课 - 金融市场课程节选

They're operating like banks, but they're not regulated as banks, so Basel II doesn't apply to them and they can do what they want.

它们像银行一样运作,但并不纳入银行监管,所以它们不在新巴塞尔协议监管范围之内,它们可以为所欲为

耶鲁公开课 - 金融市场课程节选

So banks that become a member of the Federal Reserve System get shares and they become stockholders in the Federal Reserve Bank.

所以，联邦储备银行的会员银行,得到股份并且在联邦储备银行成为股东,它们分得股利。

耶鲁公开课 - 金融市场课程节选

Investment banks are very different in that a pure investment bank does not accept deposits and it doesn't make loans; it's an underwriter for securities.

投资银行是完全不同的,单纯的投资银行既不吸收存款,也不发放贷款,投行是证券承销商

耶鲁公开课 - 金融市场课程节选