2012年金融英语考试作文每日一练(5.18)
Section Two (5%)Directions: Translate the following sentences into Chinese. Write your
translation on the blank space.
1. Asymmetric information is present in loan markets because lenders have less information about the investment opportunities and activities of borrowers than borrowers do. This situation leads to two information-producing activities by banks and other financial institutions, screening and monitoring. Indeed, Walter Wriston, a former head of Citicorp, the largest bank corporation in the United States, was often quoted as stating that the business of banking is the production of information.
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