目前，商业与投资银行合二为一，与1933年之前没有多大分别。

Now, commercial and investment Banks are together again, much as they were before nineteen thirty-three.

youdao

但是，贝尔和雷曼都不是银行，确切的说：他们是与投资银行捆绑在一起的对冲基金。

But Bear and Lehman weren't Banks, properly speaking: They were hedge funds lashed to investment Banks.

youdao

风险投资是它们的核心业务，也是它们利润的主要来源。与投资银行不同，零售银行的核心业务是推销。

Risk taking is their core business, the thing that they get paid for-unlike retail Banks, whose core business is distribution.

youdao

Well, they're similar to banks and they have a relationship with the investment community and they try to stay on top of everything that's happening.

他们与银行相似,而且他们与投资圈有着关系密切,他们努力对任何事件保持掌控

耶鲁公开课 - 金融市场课程节选