金融英语 精髓.pptx

W: Hi, Mike. What brings you here? M: I’ve learnt that there are four big commercial banks in your country. Would you please tell me what they are? W: Yes, it is a pleasure. They are the Bank of China, China Construction Bank, the Industrial and Commercial Bank of China and the Agricultural Bank of China. ;;M: It is reported that some joint-stock banks have been established in major cities. W: Exactly. They are allowed to offer various banking services to individuals and businesses just as the four big commercial banks do. M: You said it. Can you name some joint-stock banks?;W: It is no sweat. China Minsheng Banking Corp. Ltd., China Citic Bank Corporation Limited, China Industrial Bank, and Guangdong Development Bank are all joint-stock banks. M: What about Shenzhen Development Bank? W: Of course it is one of them.;M: Hi! I just read the news that many foreign banks have set up branches or representative offices in our major cities, such as Beijing, Shanghai and Guangzhou. They think China is a huge market and there are more chances for them to make a fortune.;W: Sure as shooting. I’m told that Hong Kong Shanghai Banking Corporation Limited has established branches in Shanghai and Beijing. W: One of my classmates is now working in a branch of the Bank of East Asia. It is also a foreign bank. M: Wonderful! There will be more employment opportunities for you when you graduate a year later. ;W: Is the President still the head of Bank of China after it became a public corporation through listing on the stock exchange? M: No. Generally speaking, the shareholders’ meeting is the top authority and then the Board of Directors. The President is appointed and confirmed by the Board of Directors. He is authorized by the board to be in charge of the management and operation of the bank and required to report to the board. ;W: Of course, A lot. I once read the magazine The BANKER, en…in 2007, I think, and I learnt from a report that BOC ranked the 9th among the world’s top 1