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2019 Text 1(英语一)

Section II Reading Comprehension

Part A

Directions:

Read the following four texts. Answer the questions after each text by choosing A, B, C or D. Mark your answers on the ANSWER SHEET.

Text 1

Financial regulators in Britain have imposed a rather unusual rule on the bosses of big banks.

Starting next year, any guaranteed bonus of top executives could be delayed 10 years if their banks are under investigation for wrongdoing.

The main purpose of this "clawback" rule is to hold bankers accountable for harmful risk-taking and to restore public trust in financial institutions.

Yet officials also hope for a much larger benefit: more long term decision-making, not only by banks but also by all corporations, to build a stronger economy for future generations.

"Short-termism" or the desire for quick profits, has worsened in publicly traded companies, says the Bank of England's top economist, Andrew Haldane.

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