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Is greed good?

机译:贪婪好吗?

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In a recent poll about the chief risks facing financial institutions, a senior British clearing banker pointed to the public perception of "greedy banks". Last year Britain's four biggest banks between them made profits of £23.3 billion ($43 billion), a 16% return on equity. About £6.7 billion of that came from their retail banking operations in Britain. That means a profit of about £126 per customer. Not even customers would like their bank to make a loss. However, there are two questions to be asked about such fat profits. First, do they point to a market inefficiency, ie, is there some reason why competitors have failed to provide cheaper services? Second, is the quality of these earnings good enough for the banks to rely on them in future?
机译:一位英国高级清算银行家在最近的一次有关金融机构面临的主要风险的民意测验中,指出了公众对“贪婪银行”的看法。去年,英国四大银行的利润为233亿英镑(430亿美元),净资产收益率为16%。其中约67亿英镑来自其在英国的零售银行业务。这意味着每个客户的利润约为126英镑。甚至客户都不希望他们的银行亏损。但是,关于这种丰厚的利润有两个问题要问。首先,他们是否指出市场效率低下,即,为什么竞争对手未能提供便宜的服务?第二,这些收益的质量是否足以使银行将来依赖它们?

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