If banks of all kinds were financed with more equity, they would have stronger buffers to absorb losses. Both the equity and the debt issued by well-capitalized banks would be safer – and therefore cheaper.
我们需要金融机构杠杆如此职高吗（也就是说，相对于股本债务太多）？他们的回答是否定的。如果各种各样的银行都更多地通过股权方式融资，它们将拥有更大的损失吸收缓冲。资本状况较好的银行所发行的股票和债券将更安全——因此成本更低。