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German to English translations [PRO]
Bus/Financial - Finance (general) | | German term or phrase: Allfinanzgeschäft | Beteiligungen im Allfinanzgeschäft bilden den wichtigsten Teil der Beteiligungen der ABC Bank.
Aus dem Jahresbericht einer Bank, Punkt "Beteiligungen". Der Terminus kommt danach und davor nie mehr vor. Nur dieses eine Mal.
All-finance business? One-stop finance business? |
| | | universal financial services (business) | Explanation:
is the term used by Deutsche Postbank
aka "one-stop financial shopping" by the Liechtenstein Bankverband
allfinanz (lower case) or bancassurance is the UBS Warburg term (why they chose to retain the German word when their own definition refers to the two terms above ("Combination of banking and insurance services in one financial institution. Sometimes used to refer to the full range of financial services", I have no idea, as allfinanz would NOT generally be understood by a native speaker.
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| Selected response from:
 Ted Wozniak
United States
Local time: 21:13
| Grading comment danke
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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41 mins confidence:   peer agreement (net): +1 Allfinanz business
Explanation:
It seems the German term is used in English as well - see web reference (page 5 of the report).
Reference: http://https://www.commerzbank.com/aktionaere/service/archiv...
| InaHohmann
United Kingdom
Local time: 03:13
Specializes in field
Native speaker of:  German
PRO pts in category: 3
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2 hrs confidence:
2 hrs confidence: peer agreement (net): +2 universal financial services (business)
Explanation:
is the term used by Deutsche Postbank
aka "one-stop financial shopping" by the Liechtenstein Bankverband
allfinanz (lower case) or bancassurance is the UBS Warburg term (why they chose to retain the German word when their own definition refers to the two terms above ("Combination of banking and insurance services in one financial institution. Sometimes used to refer to the full range of financial services", I have no idea, as allfinanz would NOT generally be understood by a native speaker.
| Ted Wozniak
United States
Local time: 21:13
Specializes in field
Native speaker of: English
PRO pts in category: 416
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