Many eurozone banks have made far less progress in strengthening their capital adequacy and liquidity than have American and British banks since the financial crisis erupted. The disparities were exposed in the IMF’s last Global Financial Stability Report, published in April, which contains a striking analysis that shows the changes in tangible common equity over the last two years, and the degree to which banks are reliant on wholesale funding.
自金融危机爆发以来，许多欧元区银行在改善资本充足率和流动性方面所取得的进步远不如美国和英国银行。4月出版的最新IMF《全球金融稳定性报告》就说明了这一点，这份报告中包含着一项令人瞩目的分析，披露了两年来的有形普通股权益以及银行对批发融资的依赖程度。一位欧盟央行行长对我说，这项分析简直是“要命的”。