Consider the case of a bank headquartered in Italy, but with an important subsidiary in Germany. The German operations naturally generate a surplus of funds (given that savings in Germany far exceed investment on average).
就拿总部设在意大利的某家一行来说吧，这家银行在德国设有一家重要分行。德国分行自然手握资金盈余（因为平均而言德国储蓄远高于投资）。总行希望使用这笔资金增强整个集团的流动性。但德国监管当局认为意大利存在风险，因此反对资金转移。