此外，这些证券并非是同一类型的，这意味着“总银行”会因为逆向选择而取得大量劣质资产。

Moreover, the securities are not homogeneous, which means that even an auction process would leave the aggregator bank with inferior assets through adverse selection.

youdao

证券、基金和其他资产都可以作为代管类。

Securities, funds and other assets can be held in escrow.

youdao

本文在对资产证券化作简要介绍后，着重探讨这种金融工具对商业银行和投资银行这两类相对称的金融中介机构的影响，并从中展望银行业未来的发展趋势。

This paper introduces the financial tool and then mainly investigates the impact of ABS on commercial Bank and Investment Bank. It also prospects the trend of bank development.

youdao

Our foreign exposure is not limited to the marketable security exposure, which I cited as being 15% of the fund, but there's foreign exposure in real estate, there's foreign exposure in leverage buyouts, there's foreign exposure in venture capital.

我们的境外投资,并不限于可交易证券类,那只占总资产的15%,也有境外不动产投资,境外杠杆收购,以及境外风险投资

耶鲁公开课 - 金融市场课程节选