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Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: bancos refaccionistas | This is from a timeline about Cuba. In relation to the 1921 Crisis, it uses the term "bancos refaccionistas" (the phrase reads: "Especulan los bancos refaccionistas con el precio del azúcar." Would that be private banks?
Thanks |
| | | investment banks | Explanation:
Sorry! This is the first time I've ever done this: enter two answers! I answered the first time in the wrong language!
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Note added at 1 hr (2010-02-09 23:28:23 GMT)
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Sales and trading: On behalf of the bank and its clients, the primary function of a large investment bank is buying and selling products. In market making, traders will buy and sell financial products with the goal of making an incremental amount of money on each trade. Sales is the term for the investment banks sales force, whose primary job is to call on institutional and high-net-worth investors to suggest trading ideas (on caveat emptor basis) and take orders. Sales desks then communicate their clients' orders to the appropriate trading desks, who can price and execute trades, or structure new products that fit a specific need
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Note added at 1 hr (2010-02-09 23:29:53 GMT)
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Yes, investment banks are the ones that buy and sell (trade) products in volumes that permit them to manipulate prices. |
| Selected response from:
twiginbeak
Local time: 21:06
| Grading comment | 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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22 mins confidence:  
1 hr confidence:
9 mins confidence: bancos financieros
Explanation:
...
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Note added at 11 mins (2010-02-09 22:19:35 GMT)
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refacción Sustantivo Abstracto «femenino»
4 «Finanzas» (financiamiento) financing
Sinónimos: financiamiento , costeo , financiación , provisión de fondos
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Note added at 1 hr (2010-02-09 23:24:21 GMT)
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Sorry! I could hardly stop laughing long enough to write this!
The English equivalent would be "investment banks."
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Note added at 1 hr (2010-02-09 23:24:40 GMT)
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Sales and trading: On behalf of the bank and its clients, the primary function of a large investment bank is buying and selling products. In market making, traders will buy and sell financial products with the goal of making an incremental amount of money on each trade. Sales is the term for the investment banks sales force, whose primary job is to call on institutional and high-net-worth investors to suggest trading ideas (on caveat emptor basis) and take orders. Sales desks then communicate their clients' orders to the appropriate trading desks, who can price and execute trades, or structure new products that fit a specific need.
| twiginbeak
Local time: 21:06
Specializes in field
Native speaker of: English
PRO pts in category: 8
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| | Notes to answerer
Asker: thanks, but how would you say "bancos financieros" in english?
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| | Login to enter a peer comment (or grade) |
1 hr confidence: peer agreement (net): +1 investment banks
Explanation:
Sorry! This is the first time I've ever done this: enter two answers! I answered the first time in the wrong language!
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Note added at 1 hr (2010-02-09 23:28:23 GMT)
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Sales and trading: On behalf of the bank and its clients, the primary function of a large investment bank is buying and selling products. In market making, traders will buy and sell financial products with the goal of making an incremental amount of money on each trade. Sales is the term for the investment banks sales force, whose primary job is to call on institutional and high-net-worth investors to suggest trading ideas (on caveat emptor basis) and take orders. Sales desks then communicate their clients' orders to the appropriate trading desks, who can price and execute trades, or structure new products that fit a specific need
--------------------------------------------------
Note added at 1 hr (2010-02-09 23:29:53 GMT)
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Yes, investment banks are the ones that buy and sell (trade) products in volumes that permit them to manipulate prices.
| twiginbeak
Local time: 21:06
Specializes in field
Native speaker of: English
PRO pts in category: 8
|
| |
| | Login to enter a peer comment (or grade) |
12 hrs confidence:
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| Changes made by editors |
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| Feb 14, 2010 - Changes made by twiginbeak: | | Created KOG entry | KudoZ term => KOG term |
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The translation workplace 
