Regulators, for their part, took comfort from the fact that hybrids were a bit like equity in that payments could be stopped to preserve capital should a bank run into trouble.
而监管者们也宽慰地认为混合资本在某些地方与股本相似,例如一旦银行陷入危机,支出可立即停止以保证资本。
So equity underwriting is often a "distress" purchase, like a funeral.
所以股票承销通常是“痛苦”的花销,就像葬礼一般。
Then, not long after, they often borrowed even more money, using the company’s assets as collateral — just like home buyers who took out home equity loans on top of their first mortgages.
这样不用过多久他们就可以利用公司资产做抵押来借更多的钱----就像买房时拿出住宅股权贷款做为首要抵押一样。
And he could sell it easily, like any other equity.
而且和其他公司普通股一样,卖起来也很容易。
But with lower yields, will investors continue to dabble in bonds, or will they switch their attention to other equity-like assets?
然而随着收益率走低,投资者们还会继续追捧(长期)国债吗,还是会转而关注其他股权类资产呢?
They spoke about critically missing values, like community, equity, and social justice.
他们还重申了极为欠缺的集体、公正和社会正义等观念。
How does the balance sheet look like, e.g. its debt equity ratio versus its peers and industry?
该公司的资产负债表如何,例如:债务股权比相对于同行业其他公司或全产业的情况如何?
Like his colleagues in textiles and clothing, he and other machine-tool manufacturers are looking at setting up their own private-equity firm to help them restructure.
像他在纺织和制衣业的志同道合者一样,他和其他机械工具制造商正考虑设立自己的私募股权公司以实现公司重组。
Like the club deals that propelled private equity up the buying ladder, pooling resources means that bigger targets can come into play (no small consideration when credit has become more expensive).
正如集团交易使私募股权基金的购买力大大增强,集中资源意味着更大的目标也能被拿下(当信用变得昂贵时是没有便宜的交易的)。
Whether you like the speed or not is another issue, but beauty is in the eye of the beholder, isn’t it?” says Wasif Latif, VP of Equity Investments for the $1.1 billion USAA Emerging Markets Fund.
至于你是否喜欢其升值速度则是另外一回事,但在这个问题上可谓见仁见智,不是吗?” 资产规模达11亿美元的USAA新兴市场基金(USAA Emerging Markets Fund)股票投资副总裁瓦斯夫·拉蒂夫(WasifLatif)如是说。
David Fowler: A particular brand reduces a million tons of CO2, but a much more meaningful way to unlock the equity there is to say that’s like eliminating 183, 000 cars off the road.
大卫·弗勒:某品牌产品发挥的作用是减少100万吨二氧化碳排放,但是诠释其价值更有意义方法是这样描述:效果如同消除了公路上183 000辆奔跑的汽车带给环境的影响。
But even if you think capital gains and income should be taxed differently, carried interest looks like income, not equity, and should be treated as such.
但是即使如果你认为资本利得和收入所得要被收不同的税,附带权益看起来更像收入所得而不是股份,并应该像收入所得一样被对待。
On the surface, this looks like 2003 and 2004 when the previous housing, credit, commodity and equity bubbles started to inflate, helped by low nominal interest rates and a lack of inflation.
从表面上看,这与2003年至2004年的情况相似:上一轮房地产、信贷、大宗商品和股市泡沫就是在那时开始膨胀,主要受低名义利率和低通胀的推动。
Questions like what exactly is private equity or investment banking have been answered by complete strangers who sat next to me at dinner or lunch.
诸如到底什么是私募股权基金,什么是投行之类的问题,在晚餐或午餐的时候,都有坐在身边的完全陌生的人作出了回答。
The asset is a hybrid of bond-like cash flow from rental income and equity-like gains from rises in value.
房地产是由租赁收入带来的债券式现金流与从市值上升得来的股票式收益的混合体。
I would like to suggest four principles that can guide us as we explore ways to achieve equity-based comprehensive health care and look at the contribution of primary health care.
我想建议四条原则来指导我们探索途径实现以公平为基础的全面卫生保健并审视初级卫生保健的贡献。
Then the question is what is likely to make it feel like a partnership, and that is down to deal structure - whether equity or debt is correct.
接下来问题就是,怎么样才算是合作伙伴关系,这涉及到合作结构—股权和债务是否合理。
“Excess liquidity in private equity has created temptation like there has never been temptation before,” he says.
他说:“私人股本中的过剩流动性激发了前所未有的吸引力。”
While some lenders like J.P.Morgan have shown interest in equity in such a deal, several other lenders approached by the parties have passed on the deal.
尽管摩根大通等贷款方对入股此类交易表示了兴趣,但有关方接洽的几家其他贷款商都对这一交易兴致寡然。
While some lenders like J.P. Morgan have shown interest in equity in such a deal, several other lenders approached by the parties have passed on the deal.
尽管摩根大通等贷款方对入股此类交易表示了兴趣,但有关方接洽的几家其他贷款商都对这一交易兴致寡然。
Your stated goal of equity-like returns with half the risk strikes me as a Utopian dream.
以股市一半的风险来套取同样回报的目标对于我来说如同乌托邦那样可望而不可及。
For homeowners, negative equity makes houses more like a trap than a piggy bank.
对处于“负资产”状态的房主来说,住房相较储钱罐更似罗网。
Taxpayer: it looks like beneficial that we move towards the formal equity joint venture.
纳税人:看起来朝着组建正规的股份公司比较有利。
We also like the Swiss over the German equity market.
比起德国,我们更偏爱瑞士的股市。
Private-equity firms used to be run only by financiers, but they are now adding partners (albeit not as fast as some would like) who have run big companies.
过去,私募股本公司通常仅由金融业人士管理,但现在也有有大公司管理经验的新伙伴加入了(虽然还没快到有些人希望的速度)。
Equity investors have learned, like many before them, that the film business produces better parties than profits.
与之前的许多人一样,权益投资人已经吸取教训,认识到电影业能造就良好的合作伙伴,却未必能创造盈利。
Equity investors have learned, like many before them, that the film business produces better parties than profits.
与之前的许多人一样,权益投资人已经吸取教训,认识到电影业能造就良好的合作伙伴,却未必能创造盈利。
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