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German to English translations [PRO]
Bus/Financial - Accounting / Accounting | | German term or phrase: Bankbuch | | Betrachtet man hingegen die Passivseite des Bankbuchs, kann aus einer variabel verzinslichen Refinanzierung (Grundgeschäft) und einem Payer Swap (Sicherungsinstrument) ein cash flow hedge gebildet werden. |
|  Terri DoerrzapfKudoZ activityQuestions: 507 (none open) ( 1 without valid answers) Answers: 170
Germany
| | Local time: 00:14
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| | non-trading portfolio | Explanation:
Banks with material trading activities distinguish their positions into a trading portfolio ("Handelsbuch") and a non-trading portfolio ("Bankbuch"). The two portfolios are treated differently in terms of capital cover requirements, risk management, etc.; one of the main distinctions (which, I believe, this sentence also relates to) is the treatment of hedges, i.e. the neutralisation of offsetting positions. This can have major implications for the bank's results.
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Note added at 2002-04-20 19:06:12 (GMT)
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You can find examples by searching the BIS website (http://www.bis.org) for \"non-traded portfolio\"; also check on http://www.sec.gov/divisions/corpfin/guidance/derivfaq.htm (question #22).
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Note added at 2002-04-20 19:06:43 (GMT)
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...also: http://www.dresdnerbank.com/unternehmen/dresdner_bank/gescha... (=>page 17) |
| Selected response from:
Ralf Lemster
Germany
Local time: 00:14
| Grading comment thanks.
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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2 mins confidence:   peer agreement (net): -1
7 mins confidence: peer agreement (net): +2 non-trading portfolio
Explanation:
Banks with material trading activities distinguish their positions into a trading portfolio ("Handelsbuch") and a non-trading portfolio ("Bankbuch"). The two portfolios are treated differently in terms of capital cover requirements, risk management, etc.; one of the main distinctions (which, I believe, this sentence also relates to) is the treatment of hedges, i.e. the neutralisation of offsetting positions. This can have major implications for the bank's results.
--------------------------------------------------
Note added at 2002-04-20 19:06:12 (GMT)
--------------------------------------------------
You can find examples by searching the BIS website (http://www.bis.org) for \"non-traded portfolio\"; also check on http://www.sec.gov/divisions/corpfin/guidance/derivfaq.htm (question #22).
--------------------------------------------------
Note added at 2002-04-20 19:06:43 (GMT)
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...also: http://www.dresdnerbank.com/unternehmen/dresdner_bank/gescha... (=>page 17)
| Ralf Lemster
Germany
Local time: 00:14
Native speaker of:  German
PRO pts in category: 143
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