Shareholders moan that banks levy fat fees to underwrite rights issues even though the risk of a deal falling is minimal.

股东们抱怨即使发行新股失败的风险很小，投行在认股权发行的过程中会强制收取高额手续费。

youdao

The bank that sells a mortgage-backed Pfandbrief to investors retains all the risk of default, giving it the incentive to underwrite cautiously.

向投资者销售基于抵押物的潘德·布雷夫债券的银行承担所有违约风险，这样促使银行谨慎地承销售债券。

youdao

They underwrite new offerings. That means they take the risk of buying the securities and reselling them to the public.

他们对其它新品种也提供保险，即他们冒险购买证券，并重新出售给民众。

youdao

The entire model of merchant fees to verify transactions and underwrite risk comes into question.

FORBES: The Value Of An 'Outside-In' Strategy

They will just underwrite the risk and price the policy.

FORBES: Gun Liability Insurance: Still a Viable Proposal

To put it simply, as long as investment yields exceed underwriting losses, the way to maximise shareholder value is to underwrite as much risk as possible with as little capital as possible.

ECONOMIST: Capital punishment