
野村、瑞士信貸蒙受損失
Nomura, Credit Suisse and other banks are on the hook for billions of dollars in losses after a US hedge fund was forced to dump shares.
野村、瑞士信貸等銀行陷入困境,面臨數十億美元的損失,先前美國一家對沖基金被迫拋售股票。
on the hook 陷入困難或危險的境地off the hook擺脫困境、脫身hedge fund 對沖基金dump(v.)傾倒、拋棄、傾銷、拋售dump goods傾銷貨物
Nomura, Japan’s largest investment bank, incurred a possible $2 billion loss from its dealings with a US investment firm, while Credit Suisse said a default on margin calls by a US fund may have a “highly significant and material” impact on its first-quarter results.
日本最大投資銀行野村與一家美國投資公司的交易中可能蒙受20億美元的損失,而瑞士信貸表示,一家美國基金在追加保證金要求上違約,可能對第一季業績產生「非常重大且實質的」影響。
incur(v.)招致;遭受incur a loss蒙受損失dealing(n.)股票買賣;交易default (n.)(v.)不履行債務;違約margin call追繳保證金margin(n.)頁面的空白處、邊緣、差額material(adj.)重要的;重大的;實質性的
While the two banks didn’t name the fund, it has been reported that Archegos Capital Management is the firm linked to the fire sale.
雖然這兩家銀行沒有透露基金的名稱,但有報導指出,與這次賤賣有關的公司是Archegos資本管理公司。
be linked to…與…有關fire sale低價出售
Credit Suisse said a number of other banks were also affected and began exiting their positions with the firm.
瑞士信貸表示,其他幾家銀行也受到影響,開始出脫這家公司的股票部位。
position(n.)部位;持有的投資部位
“Following the failure of the fund to meet these margin commitments, Credit Suisse and a number of other banks are in the process of exiting these positions,” Credit Suisse said.
瑞士信貸說:「這家基金公司未能兌現保證金承諾之後,瑞士信貸和其他一些銀行正在出脫這些部位。」
fails to RV未能exiting these positions退出部位;賣出股票
Nomura and Credit Suisse are among banks providing prime brokerage services to Archegos. A prime broker lends cash to hedge funds so they can invest in the market with leverage.
野村和瑞士信貸等銀行向Archegos提供機構經紀服務。機構經紀商將現金借給對沖基金,這樣它們就可以用槓桿在市場上投資。
prime brokerage主要經紀業務;機構經紀業務leverage(n.)槓桿
A margin call occurs when the value of the investor’s margin account drops and fails to meet the account’s maintenance margin requirement. The investor then has to add more money into the account, or be forced to sell some of the assets held in it.
投資人的保證金帳戶價值下降,不能達到維持保證金的要求時,就會有追加保證金通知。然後,投資人必須存入更多的錢到帳戶,否則被迫出售其中的部分資產。
a margin call追加保證金通知maintenance margin維持保證金
Several banks were involved with the trade unwinds. An anonymous trader said Goldman Sachs, Morgan Stanley and Deutsche Bank also forced Archegos to liquidate a number of positions.
幾家銀行捲入平倉交易。一位匿名交易員表示,高盛、摩根士丹利、德意志銀行也把Archegos一些部位強制平倉。
trade unwinds結清交易;平倉anonymous(adj.)匿名的;不具名的liquidate (v.)平倉
Goldman, on the other hand, told investors that its potential losses are “immaterial,” having covered its exposure.
另一方面,高盛告訴投資人,潛在損失「並不大」,已經處理曝險部位。
immaterial(adj.)不重要的;無關緊要的