<p>汇丰控股已暂停其 40 亿美元（30 亿英镑）的影子银行计划，因对这一未受监管行业危机的担忧。</p>
<p>该银行在去年 6 月初表示，将向其自有资产管理公司的私人信贷基金投资数十亿美元。然而，至今没有资金被转移，且据报道没有相关计划。</p>
<p>汇丰暂停进入影子银行的决定是在其因 Market Financial Solutions（MFS）倒闭而遭受 4 亿美元损失后做出的。</p>
<p>总部位于梅费尔的 MFS 于 2 月份进入管理程序，法官形容其面临 “非常严重” 的欺诈指控。该公司被指控双重抵押资产以支持贷款，导致其资产负债表上出现 13 亿英镑的缺口。</p>
<p>作为所谓的影子银行，MFS 并不接受存款，而是通过向银行和其他金融公司借款来为其贷款提供资金。在其倒闭之前，包括桑坦德、富国银行、杰富瑞和巴克莱在内的一些知名银行曾支持 MFS。</p>
<p>本月早些时候，汇丰披露了与 MFS 相关的 4 亿美元 “欺诈相关” 费用。该银行表示，它通过一个金融赞助商间接暴露于此，据信该赞助商来自阿特拉斯，即私人投资巨头阿波罗的资产支持贷款部门。</p>
<p>汇丰的影子银行计划最初被宣传为该银行进军阿波罗和黑石等私人资本巨头领域的一种方式。</p>
<p>但这一暂停，最早由《金融时报》报道，正值人们对影子银行行业即将出现危机的担忧加剧之际。</p>
<p>私人信贷是一种影子银行形式，贷款来自对冲基金等非银行来源，受较少的监管。</p>
<p>自金融危机以来，该行业迅速增长，因为对传统银行的更严格监管将风险更高的融资形式推向未受监管的市场。</p>
<p>人们对宽松的贷款标准和该行业的不透明性日益担忧，前高盛首席执行官劳埃德·布兰克费恩今年早些时候警告称，他能 “嗅到” 即将到来的崩溃。</p>
<p>英格兰银行行长安德鲁·贝利最近也呼吁对私人信贷和其他非银行机构的监管进行审查。他表示，当前的监管体系需要 “接受检验”，并补充说需要在保护货币信任与避免救助进行风险投资的机构之间明确区分。</p>
<p>摩根大通首席执行官杰米·戴蒙也对私人信贷行业发出警告，称在次级汽车贷款公司 Tricolor 和汽车零部件供应商 First Brands 倒闭后，可能会出现更多 “蟑螂”。</p>
<p>这两家公司都是私人信贷的重度使用者，摩根大通因 Tricolor 的倒闭遭受了 1.7 亿美元的损失。</p>
<p>戴蒙先生在他的年度信中也警告称，私人信贷的损失可能会比预期的更大，因为该行业的贷款标准 “几乎普遍温和放松”。</p>
<p>汇丰发言人表示：“我们致力于我们资产管理部门的私人信贷基金产品。”</p>

汇丰控股有限公司

汇丰控股

汇丰

HSBH

<p>汇丰已暂停其 40 亿美元的影子银行计划，原因是对未受监管领域潜在危机的担忧。该计划最初于去年六月宣布，银行计划投资于私人信贷基金，但尚未转移任何资金，也没有当前的推进计划</p>

<p>HSBC has slammed the brakes on its $4bn (£3bn) shadow banking drive amid fears of a crisis in the unregulated sector.</p>
<div class="lb-trans"><p>汇丰控股已暂停其 40 亿美元（30 亿英镑）的影子银行计划，因对这一未受监管行业危机的担忧。</p>
</div><p>The bank said in early June last year that it would invest billions into its own asset manager’s range of private credit funds. However, no funds have been transferred and there are reportedly no plans to do so.</p>
<div class="lb-trans"><p>该银行在去年 6 月初表示，将向其自有资产管理公司的私人信贷基金投资数十亿美元。然而，至今没有资金被转移，且据报道没有相关计划。</p>
</div><p>HSBC’s decision to halt its push into shadow banking comes after it was stung with a $400m hit related to the collapse of Market Financial Solutions (MFS).</p>
<div class="lb-trans"><p>汇丰暂停进入影子银行的决定是在其因 Market Financial Solutions（MFS）倒闭而遭受 4 亿美元损失后做出的。</p>
</div><p>Mayfair-based MFS collapsed into administration in February amid what a judge described as “very serious” allegations of fraud. The company has been accused of double-pledging assets to back loans, creating a £1.3bn hole on its balance sheet.</p>
<div class="lb-trans"><p>总部位于梅费尔的 MFS 于 2 月份进入管理程序，法官形容其面临 “非常严重” 的欺诈指控。该公司被指控双重抵押资产以支持贷款，导致其资产负债表上出现 13 亿英镑的缺口。</p>
</div><p>As a so-called shadow bank, MFS did not take deposits but instead funded its loans by borrowing from banks and other financial firms. A cast of high-profile banks – including Santander, Wells Fargo, Jefferies and Barclays – backed MFS before its collapse.</p>
<div class="lb-trans"><p>作为所谓的影子银行，MFS 并不接受存款，而是通过向银行和其他金融公司借款来为其贷款提供资金。在其倒闭之前，包括桑坦德、富国银行、杰富瑞和巴克莱在内的一些知名银行曾支持 MFS。</p>
</div><p>Earlier this month, HSBC disclosed a $400mn “fraud-related” charge tied to MFS. The bank said that it had indirect exposure through a financial sponsor, understood to be from Atlas, the asset-backed lending unit of private investment giant Apollo.</p>
<div class="lb-trans"><p>本月早些时候，汇丰披露了与 MFS 相关的 4 亿美元 “欺诈相关” 费用。该银行表示，它通过一个金融赞助商间接暴露于此，据信该赞助商来自阿特拉斯，即私人投资巨头阿波罗的资产支持贷款部门。</p>
</div><p>HSBC’s shadow banking drive was initially billed as a way for the bank to muscle into the territory of private capital giants like Apollo and Blackstone.</p>
<div class="lb-trans"><p>汇丰的影子银行计划最初被宣传为该银行进军阿波罗和黑石等私人资本巨头领域的一种方式。</p>
</div><p>But the pause, first reported by the Financial Times, comes amid wider fears about a looming crisis in the shadow banking industry.</p>
<div class="lb-trans"><p>但这一暂停，最早由《金融时报》报道，正值人们对影子银行行业即将出现危机的担忧加剧之际。</p>
</div><p>Private credit is a form of shadow banking, where loans come from non-banking sources such as hedge funds, which are subject to less stringent regulations.</p>
<div class="lb-trans"><p>私人信贷是一种影子银行形式，贷款来自对冲基金等非银行来源，受较少的监管。</p>
</div><p>The sector has grown rapidly since the financial crisis as tighter regulations on traditional banks pushed riskier forms of finance into unregulated markets.</p>
<div class="lb-trans"><p>自金融危机以来，该行业迅速增长，因为对传统银行的更严格监管将风险更高的融资形式推向未受监管的市场。</p>
</div><p>Concerns have been mounting over loose lending standards and the opacity of the sector, with Lloyd Blankfein, the former boss of Goldman Sachs, warning earlier this year that he could “smell” a crash on the horizon.</p>
<div class="lb-trans"><p>人们对宽松的贷款标准和该行业的不透明性日益担忧，前高盛首席执行官劳埃德·布兰克费恩今年早些时候警告称，他能 “嗅到” 即将到来的崩溃。</p>
</div><p>Andrew Bailey also recently called for a review of how private credit and other non-banks are regulated. The Bank of England governor said the current regime needed to “have its tyres kicked”, adding there needed to be clear distinctions between protecting trust in money while avoiding the need to bail out institutions that make risky bets.</p>
<div class="lb-trans"><p>英格兰银行行长安德鲁·贝利最近也呼吁对私人信贷和其他非银行机构的监管进行审查。他表示，当前的监管体系需要 “接受检验”，并补充说需要在保护货币信任与避免救助进行风险投资的机构之间明确区分。</p>
</div><p>Jamie Dimon, chief executive of JP Morgan, has also warned about the private credit sector, saying more “cockroaches” could emerge after the collapse of the subprime auto lender Tricolor and the car parts supplier First Brands.</p>
<div class="lb-trans"><p>摩根大通首席执行官杰米·戴蒙也对私人信贷行业发出警告，称在次级汽车贷款公司 Tricolor 和汽车零部件供应商 First Brands 倒闭后，可能会出现更多 “蟑螂”。</p>
</div><p>Both companies were heavy users of private credit and JP Morgan took a $170m hit from the collapse of Tricolor.</p>
<div class="lb-trans"><p>这两家公司都是私人信贷的重度使用者，摩根大通因 Tricolor 的倒闭遭受了 1.7 亿美元的损失。</p>
</div><p>Mr Dimon also warned in his annual letter that losses from private credit were likely to be larger than expected, as lending standards in the sector had been “modestly weakening pretty much across the board”.</p>
<div class="lb-trans"><p>戴蒙先生在他的年度信中也警告称，私人信贷的损失可能会比预期的更大，因为该行业的贷款标准 “几乎普遍温和放松”。</p>
</div><p>A HSBC spokesman said: “We are committed to our asset management’s offering in private credit funds.”</p>
<div class="lb-trans"><p>汇丰发言人表示：“我们致力于我们资产管理部门的私人信贷基金产品。”</p>
</div>

HSBC puts $4bn shadow banking drive on hold amid crisis fears

- 汇丰银行暂停了其 40 亿美元的影子银行计划，原因是对该领域危机的担忧。  
- 汇丰在 MFS 倒闭后遭受了 4 亿美元的损失，该公司被控存在严重欺诈行为。  
- 银行界对影子银行行业的风险监管呼声日益高涨。

汇丰因担忧危机而暂停了价值 40 亿美元的影子银行计划