Investment banks often have conflicting roles. They sometimes act for a client company by raising capital form other investment institutions as advantageously as possible, but their analysts also sometimes send unfavorable reports on the financial health of companies for whom they are raising capaital to other clients who wish to make investments. Analyses of companies' financial health need to be unbiased if an investment bank is to achieve long-term success. If the statements above are true, which of the following practices, if adopted by an investment bank, would hinder its long-term success?

A) Evaluating and rewarding the bank's analysts on the basis of recommendations made by managers who are solely engaged in raising capital for clients. B) Using reports by the investment bank's anaylsts to determine how best to raise capital for a client. C) Sharing the task of raising capital for a client with other investment banks. D) Ensuring that conflicts between analysts and those who raise capital for clients are carefully mediated and resolved by impartial arbitrators. E) Monitering the success or failure of analysts' current predictions about how companies will perform financially, in order to determine the value of future predictions.

我试着解释一下：

原文说投行一方面要帮助一些客户公司吸引投资，一方面又要帮助一些客户选择好的投资目标。这样投行要长久发展就必须unbiased.

a.说对银行分析师的评估奖励是根据专门从事吸引投资的经理的推荐，那么显然会产生biased.因为分析师们为了赢得好的评价会迎合该经理的口味，在分析需要吸引投资的公司的财务时可能会biased.所以a对。

b无关

c，d，e是有助于长期发展。

不知道解释的对不对

这里的投资银行似乎是一个中介机构 起着咨询的作用 我这样理解对不对啊

我有点不明白 我觉得如果A改为由接受投资方的经理给分析家做评估是不是更加有说服力些

因为接受投资的一方 需要千方百计地吸引投资 这样就有可能诱使分析师做出更有利于他们的评判

而投资方则没有这个必要

还有我还是不太理解C为什么能促进投资银行的长期发展