大学金融英语chapter 19 U.S. Investment Banks[精].ppt

Chapter een
. Investment Banks
Learning objectives
After studying this chapter you should be able to:
1. Know what is meant by investment bank in the .
2. Tell briefly about the historical development of . investment banking
3. Explain the primary functions performed by . investment banks
Notes
I. New Words
1. takeover n. 收购the acquisition of an anization by another through the purchase of the firm
2. conglomerate n. 联合大企业a diverse group panies usually managed by a pany
3. conventional a. 传统的,惯常的
4. illegal a. 不合法的unlawful
5. legality n. 合法性
6. trustee n. 受托人
7. prespecified a. 事先指定的
Notes
II. Useful and Idiomatic Expressions
1. to place sth. in small parcels among investors 将……拆成较小的份额出售给投资者= to make sth. into smaller lots and then sell to investors
2. prior to 在……之前
3. to pared with.... 与……相比
4. be similar to... 与……相近似
5. be popularly known as... 以……为大众所知晓
6. to attend to other chores 专心做好其它工作
Notes
7. to fulfill one’s obligation 履行某人的义务
8. to proceed with 继续做……工作
9. plete the paperwork 完成日常的文书工作
10. to advise on sth. 就……提出意见to give advice on sth.
11. to separate sth. from sth. else 将……与……分离开
12. to attest to... 就……进行作证
13. to file documents提交文件
Notes
5. syndicate n. 投资银行辛迪加a group of investment banks or bankers and securities dealers who, by agreement among themselves, have joined together for the purpose of distributing a new issue of securities for a corporation
6. to file the registration statement with the SEC 向证券交易委员会提交注册说明书
7. a bond counsel 债券法律顾问
8. mergers & acquisitions 合并与收购firms are bought, sold, or merged with other firms
9. repealing n. 废止(法律的部分或全部)
10. Glass-Steagall Act格拉斯-斯蒂格尔法案
Main Text
Definition of Investment Bank
In the . investment banks is defined as a financial institution that helps corporations to raise funds.
But some American financial experts also define it as a financial intermediary that offers a wide range of different services to corporate or wealthy individual customers, which include purchasing new i