汉字News

← 汉字NewsChinese News for Learners
commerce
shāng yè
商业
·HSK 6

Silicon Valley Bank collapse raises financial system concerns
guīgǔ yínháng dàobì yǐnfā jīnróng tǐxì dānnyōu
硅谷银行倒闭引发金融体系担忧
。

Silicon Valley Bank collapse became largest US bank failure since 2008
guīgǔ yínháng dàobì shìjiàn chéngwéi èr líng líng bā nián jīnróng wēijī yǐlái měiguó zuì dà yínháng pòchǎn àn
硅谷银行倒闭事件成为二零零八年金融危机以来美国最大银行破产案
。

March 11, 2023 at 2:00 PM

Silicon Valley Banks collapse on March 10, 2023 evolved into the most serious banking crisis since 2008
guīgǔ yínháng zài èr líng èr sān nián sān yuè shí rì de dàobì shìjiàn yǎnbiàn wéi èr líng líng bā nián yǐlái měiguó zuì yánzhòng de yínháng wēijī
硅谷银行在二零二三年三月十日的倒闭事件演变为二零零八年以来美国最严重的银行危机
。
the banks massive bond losses combined with interest rate pressures
gāi yínháng zhàiquàn tóuzī zǔhé de jù é kuīsǔn yǔ lìlǜ shàngshēng xíngchéng de shìchǎng yālì
该银行债券投资组合的巨额亏损与利率上升形成的市场压力
，
together triggered a bank run
gòngtóng yǐnfā le yī cháng yínháng jǐduì fēngcháo
共同引发了一场银行挤兑风潮
。
the FDIC immediately seized the bank
měiguó liānbāng存款 bǎoxiǎn gōngsī suíjí jiēguǎn gāi yínháng
美国联邦存款保险公司随即接管该银行
。
despite regulators quick actions
jǐnguǎn jiānguǎn bùmén xùnsù cǎiqǔ cuòshī
尽管监管部门迅速采取措施
，
the government was forced to guarantee all deposits
měiguó zhèngfǔ zuìzhōng réhuán bèipò xiàng suǒyǒu cúnkuǎn rén tígōng quán é dānbǎo
美国政府最终仍被迫向所有存款人提供全额担保
。
this sparked widespread debate on banking regulation for mid-size banks
cǐ jǔ yǐnfā le guānyú zhōngděng guīmó yínháng jiānguǎn kuàngjiàng de guǎngfàn tǎolùn
此举引发了关于中等规模银行监管框架的广泛讨论
。
industry widely believes
yèjiè pǔbiàn rènwéi
业界普遍认为
，
current stress tests and capital requirements may need strengthening
xiànxíng de yālì cèshì hé zīběn yāoqiú kěnéng xūyào jiāqiáng
现行的压力测试和资本要求可能需要加强
。

New Words

guigu
硅谷
Silicon Valley
yinhang
银行
bank
daobi
倒闭
collapse
weiji
危机
crisis
zhaiquan
债券
bond
kuisun
亏损
loss
cunkuan
存款
deposit
danbao
担保
guarantee
jianguan
监管
regulation
ziben
资本
capital

News in English

Business

SVB Collapse Triggers Banking System Reforms

Silicon Valley Bank collapse on March 10, 2023 sparked banking sector crisis, with government guaranteeing all deposits and prompting major regulatory debate.

Silicon Valley Banks collapse on March 10, 2023 evolved into the most serious banking crisis since 2008. The banks massive bond losses combined with interest rate pressures together triggered bank run. The FDIC immediately seized the bank. Despite regulators quick actions, the government was forced guarantee all deposits. This sparked widespread debate on banking regulation for mid-size banks. Industry widely believes current stress tests and capital requirements may need strengthening.

More in Business

data
shùjù
数据
analysis
fēnxī
分析
company
gōngsī
公司
EXL (data analytics company)
EXL
EXL
to announce
xuānbù
宣布
to acquire
shōugòu
收购
artificial intelligence
rén gōng zhì néng
人工智能
training
xùnliàn
训练
company
gōngsī
公司
iMerit (AI training company)
iMerit
iMerit
。

Data Analytics Firm EXL to Acquire AI Training Company iMerit for Up to $310 Million

MSCI (financial data company)
Míngshèng
明晟
for / at (a price)
yǐ
以
$120 million
1.2 yì měiyuán
1.2亿美元
to acquire / acquisition
shōugòu
收购
climate
qìhòu
气候
risk
fēngxiǎn
风险
data
shùjù
数据
company
gōngsī
公司
First Street (climate data company)
First Street
First Street
。

MSCI Acquires Climate Risk Data Firm First Street for $120 Million

Samsung (company)
Sānxīng
三星
to announce
xuānbù
宣布
within ten years
shí nián nèi
十年内
in / at
zài
在
South Korea
Hánguó
韩国
to invest
tóuzī
投资
$648 billion
6480 yì měiyuán
6480亿美元
。

Samsung Pledges $648 Billion Investment in South Korea Over Next Decade

fourth
dì sì jiè
第四届
China
zhōngguó
中国
international
guójì
国际
supply chain
gōngyìng liàn
供应链
expo
bólǎn huì
博览会
in
zài
在
Beijing
běijīng
北京
opens
kāimù
开幕
。

Fourth China International Supply Chain Expo Opens in Beijing