wildcat bank

简明释义

野猫式银行

英英释义

例句

1.The government launched an investigation into the practices of a suspected wildcat bank 野猫银行 operating in the region.

政府对在该地区运营的可疑wildcat bank 野猫银行的做法进行了调查。

2.Investors were warned about the risks of depositing money in a wildcat bank 野猫银行 due to lack of regulation.

投资者被警告，由于缺乏监管，将资金存入wildcat bank 野猫银行存在风险。

3.The rise of wildcat banks 野猫银行 has prompted calls for stricter banking regulations.

随着wildcat banks 野猫银行的增加，人们呼吁加强银行监管。

4.Many residents fell victim to scams perpetrated by a wildcat bank 野猫银行 promising high returns.

许多居民成为一家承诺高回报的wildcat bank 野猫银行诈骗的受害者。

5.During the financial crisis, many people lost their savings to a wildcat bank 野猫银行 that was operating illegally.

在金融危机期间，许多人因一家非法运营的wildcat bank 野猫银行而失去了储蓄。

作文

In the history of American banking, the term wildcat bank refers to a type of financial institution that operated without proper regulation and often in a highly speculative manner. These banks emerged during the early 19th century, particularly in the period leading up to the Civil War. The name 'wildcat' was derived from the idea that these banks were as unpredictable and dangerous as the wildcats roaming the American wilderness. wildcat banks would often issue their own currency, which was not backed by any solid assets or government authority, making it risky for the public to accept their notes. The rise of wildcat banks can be attributed to several factors, including the lack of a centralized banking system and the desire for quick profits. Many of these banks were established in rural areas where traditional banking services were scarce. They catered to local farmers and businesses, offering loans and credit with minimal oversight. However, this lack of regulation often led to fraudulent practices and financial instability. As the economy grew, the problems associated with wildcat banks became more apparent. Many of these institutions failed, leaving their customers with worthless currency and significant financial losses. This situation prompted calls for banking reform and greater regulation of financial institutions. In response, the federal government began to take steps toward creating a more stable banking system, culminating in the establishment of the National Banking Act of 1863. This legislation aimed to eliminate the chaos caused by wildcat banks by introducing a uniform national currency and establishing federal oversight of banks. Despite the decline of wildcat banks, their legacy remains relevant today. The term is often used metaphorically to describe any financial institution or investment that operates outside of established regulatory frameworks, often engaging in high-risk activities. In this sense, the concept of wildcat banks serves as a cautionary tale about the dangers of unregulated financial practices. In conclusion, understanding the historical context of wildcat banks provides valuable insights into the evolution of the banking industry in the United States. It highlights the importance of regulation and oversight in maintaining financial stability and protecting consumers. As we navigate the complexities of modern finance, the lessons learned from the era of wildcat banks continue to resonate, reminding us of the potential pitfalls of unchecked financial speculation.

在美国银行业的历史中，术语wildcat bank指的是一种没有适当监管、往往以高度投机方式运作的金融机构。这些银行出现在19世纪初，特别是在内战前夕。‘wildcat’这个名字源于这样的想法，即这些银行就像在美国荒野中游荡的野猫一样不可预测和危险。wildcat banks通常会发行自己的货币，这些货币没有任何坚实资产或政府权威的支持，使公众接受它们的票据变得风险很大。wildcat banks的兴起可以归因于几个因素，包括缺乏集中银行系统和对快速利润的渴望。许多这些银行是在传统银行服务稀缺的农村地区建立的。它们为当地农民和企业提供贷款和信用，几乎没有监督。然而，这种缺乏监管常常导致欺诈行为和金融不稳定。随着经济的发展，与wildcat banks相关的问题变得越来越明显。许多这些机构倒闭，使客户面临无价值的货币和巨大的财务损失。这种情况促使人们呼吁银行改革和对金融机构的更大监管。作为回应，联邦政府开始采取措施，创建一个更稳定的银行系统，最终导致1863年国家银行法的建立。这项立法旨在通过引入统一的国家货币和建立联邦对银行的监督，消除由wildcat banks造成的混乱。尽管wildcat banks的数量减少，但它们的遗产在今天仍然具有相关性。这个术语常用于比喻，描述任何在既定监管框架之外运作的金融机构或投资，通常参与高风险活动。从这个意义上说，wildcat banks的概念作为一个警示故事，提醒我们无监管金融实践的危险。总之，理解wildcat banks的历史背景为我们提供了关于美国银行业演变的重要见解。它突显了监管和监督在维护金融稳定和保护消费者方面的重要性。当我们应对现代金融的复杂性时，从wildcat banks时代学到的教训仍然回响在耳边，提醒我们无节制金融投机的潜在陷阱。