Still, PNC may seek to expand further. It has excess capital to deploy, in part because regulators have capped dividends and banned share buybacks.

不过，PNC可能会寻求进一步扩张。它有多余的资本可以配置，部分原因是监管机构限制了股息并禁止股票回购。

Some of this growth is a mechanical consequence of excess capital flooding into Europe, where startup valuations had lagged behind those in America and Asia.

这种增长在一定程度上是过剩资本涌入欧洲的机械结果，那里的初创企业估值落后于美国和亚洲。

That ultimately means that it's difficult in Mexico to generate a surplus of excess capital because inexpensive transportation options that would otherwise generate capital just don't really exist like they do elsewhere.

这最终意味着墨西哥很难产生过剩资本，因为与其他地方不同，墨西哥并不存在可以产生资本的廉价运输方式。