Facing the intense banking competition, bankers have realized that the demoded management was out of date. Stressing too much on “separating of specialized fields”“scale advantage”“hierarchy”could not adopt itself to the new competition environment.
面对激烈的金融竞争,银行家们识到,过去强调“专业分工”、“规模优势”、“科层式”的管理模式已不能适应新竞争形势,“Reengineering the Bank”——银行再造便应运而生。
参考来源 - 再造理论在商业银行风险管理中的应用·2,447,543篇论文数据，部分数据来源于NoteExpress
增长可能会放缓，市场形势可能逆转，新的竞争者也可能会涌现，太早上市显然有风险——但等待太久，错失良机同样不是好主意。
Growth can slow, markets can turn, new competitors can show up. Going public too early clearly has risks - but so does waiting too long and missing your opportunity.
由于目前日本国内新的竞争形势，野村证券已经把目光投向海外，通过去年秋天并购莱曼兄弟在欧洲和亚洲的投行业务来寻求新的增长。
New rivalry at home partly explains Nomura’s interest in looking abroad for growth by acquiring the European and Asian investment-banking arms of Lehman Brothers last autumn.
竞争对手的葬礼承办人则不这么认为：上个月，密歇根丧葬承办协会要求他停止参加会议，对这种新的竞争形势他们感到恼火。
Rival funeral directors aren't so sure: last month the Michigan funeral directors Association asked him to stop attending meetings, annoyed at this new competition.
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