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Section TWO(5%)
Directions
Translate the following sentences into Chinese. Write your translation on the ANSWER SHEET.
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Investment banking are banking activities associated with securities underwriting ,making a market in securities ,and arranging mergers, acquisitions and restructing .
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The source of foreign exchange for overseas investment by domestic entities must be reviewed by the SAFE before the application for such investment is filed with the relevant government agencies.
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Bank accounting basis refers to methods for recognizing revenues expenses, assets and liabilities in accounting statements. Major bases of accounting include the accrual, cash and modified cash bases.
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Banks maintain vaults and elaborate security systems to safeguard their own stores of cash, securities, and other negotiable instruments. A traditional bank service has been to make this security available to customers for the safekeeping of their valuables. these services are of two types: safe deposit boxes and safekeeping.
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The commercial bank is subject to the risk-based capital guidelines issued by central bank or monetary authority according to the Basle Accord.