刚过去的一周内，四家银行留给市场一声叹息。

Just the past week，Four Banks to market a sigh。

　　美东时间7月19日，摩根士丹利公布其2012年第二季度财报：公司收入69.5亿美元，比去年同期下跌24%；其净利润5.91亿美元，比去年同期下跌50%。其三大主营业务部门机构证券部门、全球财富管理部门和资产管理部门的业绩有不同程度的下降，其中机构证券业务收入同比跌去37%，到32.34亿美元。

Eastern time on July 19，Morgan Stanley released its second quarter 2012 earnings：The company revenue of $6.95 billion，Down 24% more than the same period last year；Its net profit of $591 million，Down 50% more than the same period last year。Third big main business department agency securities department、The global wealth management departments and asset management department's performance has different degree of decline，One agency securities business income fell 37% year-on-year，To $3.234 billion。

　　尽管比市场预期略高，但当天摩根士丹利股价仍然止不住下行趋势，当天报收13.25美元，全天下跌5.29%。

Although slightly higher than market expectations，But the share price can still downward trend, Morgan Stanley，The day at $13.25，Throughout the fall by 5.29%。

　　这为当周公布业绩的银行做了收尾。前四天，连续发布第二季度业绩报告的四家银行均让市场此前的担忧更深一层：花旗、美国银行、高盛和摩根士丹利的第二季度数字几乎都不好看；更糟糕的是，其中三家都高调宣布新一波的节流计划。

This week's announcement for the bank to do the ending。First four days，For the second quarter performance report issued by the four Banks are let the market had concerns on a deeper level：citigroup、Bank of America、Goldman sachs and Morgan Stanley's second quarter figures almost not good-looking；worse，Three of them are high-profile announced a new wave of restructuring program。

　　“由于目前宏观经济的主要风险均和金融行业息息相关，因此市场对于这些股票的关注程度尤甚。不过，不佳的业绩将导致市场对同类型银行的预期更低，市场反应将逐渐得到控制。”纽交所场内经纪商Meridian Equity Partners的交易员Stephen J·Guilfoyle在接受本报记者采访时表示。

“Because the present macroeconomic and financial industry are the main risk is closely linked，So the market for these share blame very degree of concern。but，The performance of the poor will lead to market to the similar bank expected to be low，Market reaction will gradually get control。”Nyse field Meridian Equity Partners broker the traders Stephen J · Guilfoyle in accepting our newspaper reporter to interview said。

　　而他更为关心的，是金融行业下半年的主要挑战是否得到缓解。不过，目前看来，没有乐观的迹象助推银行业走出低迷。

And he's more concerned about，The financial industry is in the second half of the main challenges is eased。but，Now it looks，No sign of optimism thrusting banking out of recession。

　　从周一开始释放的二季度财报，就鲜有积极信号放出。

From Monday to release the second quarter earnings，Few positive signal is sent out。

　　7月16日，花旗银行公布财报，连续四个季度利润下滑。7月17日，高盛公布财报：收入和净利润分别下降9%和11%。只有7月18日美国银行二季度财报显示扭亏为盈。但这也是基于去年同期美国银行表现极度糟糕的基础上的反弹。

July 16,，Citigroup report earnings，A fourth straight quarter falling profits。July 17,，Goldman sachs report earnings：Income and net profits were down by 9% and 11%。Only on July 18, second quarter earnings that bank of America out of the red。But it is also based on the same period last year the United States Banks did extremely bad on the basis of the rebound。

　　由于在整个二季度中各大银行前后均释放出业绩下滑的消息，因此市场此前预期普遍降低，各大银行公布的业绩基本跑赢预期。但是，由于银行收入呈现结构性下滑，投资者普遍担忧，下半年的情况将不会很快得到显著好转。

In the second quarter due to the Banks were released before and after the decline of performance information，So the market had expected lower generally，Each big bank reported performance basic run win expectations。but，Because the Banks income present structural decline，Investors are worried about，In the second half of the year will not soon get marked improvement。

　　从行业角度来看，投行业务普遍下滑成为打压银行业二季度收入的主因。花旗的证券和投资银行部整体收入下滑22%，高盛投资银行部门同比降低17%，而摩根士丹利的投行业务整体下降近35%。

From the view of the industry，Investment banking general decline down in the second quarter of the banking industry as the main reason of the income。Citi's securities and investment home overall income fell 22%，Goldman sachs investment banking division up 17% lower，And Morgan Stanley's investment banking overall drop nearly 35%。

　　由于第二季度私人部门融资相对清淡，观望居多，市场早已料到，这一季度投行部门将继续成为各大银行的“出血点”。而根据此前的预判，银行投行业务的收入将下滑平均20%到30%。

The second quarter due to the private sector financing relatively light，Wait-and-see are in the majority，Market have been already expect，This quarter will continue to become investment banking unit each big bank“bleeder”。And according to the previous sentence beforehand，Bank investment banking revenues, will be down an average of 20% to 30%。

　　分析人士认为，更加严格的金融监管导致许多企业对公开市场望而却步。佩斯大学鲁宾商学院教授Bruce Bachenheimer向本报记者表示：“由于萨班斯法案等一系列金融监管规定对于企业在公开市场的行为严格规定，导致许多企业不愿意在此时IPO，反而选择更安全保守的股权买卖。”

Analysts believe that，More strict regulation of the financial lead many enterprise to open market flinch。Pace university business school professor Bruce Bachenheimer rubin to our correspondent said：“Because of sarbanes-oxley and so on a series of financial regulations for enterprise in the open market strict rules of behavior，Lead many enterprise would not at this time in the IPO，But for more safety conservative equity trading。”

　　在宣布财报的同时，包括高盛、美国银行和摩根士丹利在内的几家银行不约而同公布了裁减开支的计划。这给予市场一个更为恐慌的警告，投行对于短期内的业务复苏持悲观态度，下半年金融领域将掀起新一轮裁员潮。

In announcing earnings at the same time，Including Goldman sachs、Bank of America, and Morgan Stanley of a few Banks announced cuts spending to coincide the plan。This gives the market a more panic warning，Investment Banks for the short term of business recovery pessimistically，The second half of the financial sector will be starting a new job cuts tide。

　　尽管高盛对于裁员一事缄口不提，但表示将把自己的成本控制目标扩大5亿美元，以应对近期低迷的经济前景。

Though Goldman sachs for layoffs fell about not mention，But said it will put their cost control target expand $500 million，In response to the recent downturn in economic prospects。

　　而美国银行制定了第二阶段的成本控制目标，是截至2015年中再节省30亿美元支出。根据已经执行的第一阶段目标，是在2014年底前节省50亿美元支出，并削减3万个职位，重点在零售银行和后台IT部门。

And bank of America for the second phase of the cost control goals，Is up to 2015 years to save $3 billion in spending。According to the first phase of the target has been exercised，Is the end of 2014 on save $5 billion in spending，And cut 30000 jobs，Key in the retail Banks and the background IT department。

　　而摩根士丹利则更希望拿出具体的计划来稳定市场：计划在今年裁减更多员工，总数将减少4100人（7%）。

And Morgan Stanley are more hope to provide specific plan to stabilize the market：This year as planned cuts more staff，Will reduce the total number 4100（7%）。

　　市场预计，在接下来要公布季报的银行中，会有更多选择节省成本，公布裁员计划。

Market is expected to，In the next quarterly reports to publish the bank，There will be more choice cost saving，Announced the planned layoffs。

　　截至目前，根据Challenger， Gray & Christmas的数据，美国银行业已经宣布的裁员计划就已经达到17323名的规模。

So far，According to the Challenger， gray & Christmas data，The us banking has announced that the planned layoffs have reached the 17323 scale。