un vertical bancario

19:50 Jul 27, 2011
This question was closed without grading. Reason: No acceptable answer

Spanish to English translations [PRO]
Bus/Financial - General / Conversation / Greetings / Letters
Spanish term or phrase: un vertical bancario
Hi. I'm wondering if someone knows exactly what this expression means. I can't fathom it and I'm not sure if the text I'm translating is written in ES Spanish or other as it is about a Spanish company with offices all over Latin America.

The whole sentence is

Se crea **un vertical bancario** junto con el banco XXXXXXX.

It is in a business presentation and specifically in the part about the company's evolution.
Marie-Helene Dubois
Spain
Local time: 05:33


Summary of answers provided
4 +2a virtically integrated banking entity
FVS (X)
3a self-supporting financial institution
Tom2004


Discussion entries: 1





  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
a virtically integrated banking entity


Explanation:
I think this is what it must mean.

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Note added at 3 mins (2011-07-27 19:54:13 GMT)
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See if this fits into the context.


FVS (X)
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans: such mumbo jumbo, but yes, it seems to fit (vertically if not horizontally)
6 mins
  -> Thanks AT. :)

agree  Terri L. Myers: spelling: vertically, with an e
23 hrs
  -> Thanks Terri.
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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
a self-supporting financial institution


Explanation:
my take, esp. if "banco XXXXXX" is a federal or national bank... Asker?

Tom2004
Canada
Local time: 23:33
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
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