Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
|This question was closed without grading. Reason: No acceptable answer|
|Italian to English translations [PRO]|
Bus/Financial - Finance (general) / Risk managment
|Italian term or phrase: Gruppo di Gruppo|
|Il sistema di limiti è determinato in modo da ricercare maggiore diversificazione in funzione del più elevato rischio di credito e particolare attenzione viene prestata alla concentrazione dei rischi sul singolo nominativo, sia all’interno di Investmentbanca, sia cumulativamente all’interno del Gruppo Big Bank (concetto del cd. *** “Gruppo di Gruppo”***).|
Anybody know this "cosìdetto" termine please? It is part of a financial report of a banking group and it is talking about the leverage financed operations of its investment bank and measures to contain the concentration of risk in the Group.
1 hr confidence: peer agreement (net): +4
Group of Groups
Sorry to provide you with a literal translation, but this is the standard term!
Banking. If a group changes its name, it will also have to make ... The Banking Code ... as a group of groups'. In future any new Affiliated groups or ...
A licensed financial intermediary regulated by a state banking supervisory agency. ... Grameen lending is a well known form of group of groups lending. ...
Note added at 1 hr (2008-09-04 17:11:18 GMT)
Here's another link showing UK usage:
The new group of groups, calling itself E 7, is pleading for the new Parliamentary Ombudsman, Ann Abraham, immediately to broaden to a comprehensive study the P.O.'s current modest pilot investigation. ...
E 7, a federation of independent action groups, was represented by ...
| Ivana UK|
Local time: 17:51
Specializes in field
Native speaker of: English, Italian
PRO pts in category: 311
|Notes to answerer|
|Asker: Hi Ivana, this is specifically about risk concentration. I can't see anything specific in your links on this.|
Asker: Can you explain the concept in this context?
Asker: Hi Ivana and all "agreers", thanks for the input but it does seem a little off target
Perhaps my context is not clear. It is about distributing risk among customers (i.e. not making huge loans to single customers - large companies and groups of companies- within a banking group).
Ivana, I’ve looked at your links, but can’t find any connection with my context. Your first link is about:
“The Leicester local YHA Group began its independent life In 1954, although its roots go back at least as far as 1934. We are a gradually expanding, friendly, informal group of people who enjoy all kinds of outdoor activities and a number of indoor ones too. Group members come from all walks of life and ages range from pre teenage to over 65.
Leicester Local YHA Group”
It is not about Groups of companies, nor about risk.
Your second referenece is about lending:
“Group Lending: Grameen lending is a well known form of group of groups lending. It utilizes a combination of peer group methodology and village banking. Source: Calmeadow
Grameen America uses the Grameen group lending and savings model that has been developed and refined over thirty years by the Grameen Bank. The basis of the system is a peer group model in which borrowers encourage, support and learn from each other.
The group model requires prospective borrowers to form or join 5 member “Groups”. Groups are then organized into Centers with up to 8 Groups to a Center.”
But nothing about Groups of companies, it is about groups of borrowers and “village lending”
Your second link is about groups of insurance policyholders:
“Equitable Life policyholder groups are united in their demand for action on Government compensation for serial regulatory failure. They accuse the Treasury of orchestrating a cover-up, with delays and deliberate attempts to "ring fence" the perceived regulatory problem to a brief period to distract from its own extensive culpability for regulatory failure pre-dating 1999.
The new group of groups, calling itself E 7, is pleading for the new Parliamentary Ombudsman, Ann Abraham, immediately to broaden to a comprehensive study the P.O.'s current modest pilot investigation.
Can anybody help with an answer related to the context, please?
Asker: Thanks to everyone for your input, but I'm afraid I'm none the wiser.
Review native language verification applications submitted by your peers. Reviewing applications can be fun and only takes a few minutes.