bancos refaccionistas

English translation: investment banks

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:bancos refaccionistas
English translation:investment banks
Entered by: twiginbeak

22:08 Feb 9, 2010
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
Wendy Gosselin
Argentina
Local time: 12:49
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: 09:49
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1investment banks
twiginbeak
4lending banks
Sonia Castelli
4financial backer
Lydia De Jorge
4bancos financieros
twiginbeak
4agroindustrial banks
Christina Courtright


  

Answers


22 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
lending banks


Explanation:
Te adjunto un link que lo explica. Buscá la palabra "refaccionista" y fijate el contexto.


    Reference: http://www.uo.edu.cu/ojs/index.php/stgo/article/viewFile/145...
Sonia Castelli
Argentina
Local time: 12:49
Specializes in field
Native speaker of: Spanish
PRO pts in category: 4
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
financial backer


Explanation:
http://www.wordmagicsoft.com/dictionary/en-es/financial back...

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Note added at 1 hr (2010-02-09 23:13:01 GMT)
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#

#
Business Tips: Finding a Financial Backer - Associated Content ...
Jun 9, 2006 ... Small businesses have many concerns, especially when it comes to financing their enterprises.
www.associatedcontent.com/.../business_tips_finding_a_finan... - Cached - Similar
#
UBS - Financial backer
Financial backer. There are various options for raising capital depending on which lifecycle phase the company is in. In the establishment phase it is ...
www.ubs.com › ... › UBS in Switzerland › SME › Establishment - Cached - Similar
#
A Salvation Army Financial Backer Offers Hands-On Help - NYTimes.com
Dec 25, 2009 ... The foundation created by the founder of America Online tried mastering the art of giving through the art of bell-ringing.
www.nytimes.com/2009/12/25/us/25charity.html
#
Labour financial backer defects to Tories - Telegraph
Feb 5, 2009 ... One of Labour's biggest financial backers has begun donating to the Conservatives, The Daily Telegraph can disclose.
www.telegraph.co.uk/.../Labour-financial-backer-defects-to-... - Similar

Lydia De Jorge
United States
Local time: 10:49
Works in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in category: 128
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9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
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: 09:49
Specializes in field
Native speaker of: English
PRO pts in category: 12
Notes to answerer
Asker: thanks, but how would you say "bancos financieros" in english?

Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 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!

--------------------------------------------------
Note added at 1 hr (2010-02-09 23:28:23 GMT)
--------------------------------------------------

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)
--------------------------------------------------

Yes, investment banks are the ones that buy and sell (trade) products in volumes that permit them to manipulate prices.

twiginbeak
Local time: 09:49
Specializes in field
Native speaker of: English
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Margarita Ezquerra (Smart Translators, S.L.)
9 hrs
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12 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
agroindustrial banks


Explanation:
Es un término específico para Cuba y la industria azucarera de antaño. Son los bancos que financiaban los ingenios azucareros. Dice el DRAE en cuanto a la palabra refacción, definición #6:

6. f. Cuba. Gasto que ocasiona al propietario el sostenimiento de un ingenio o de otra finca.

Y en este enlace se hace mención de dichos bancos de la siguiente manera:
... los precios rápidamente en 1920, se produjo la quiebra no sólo de hacendados y colonos sino de los bancos refaccionistas de la industria azucarera. ...
coloquio.com/coloquioonline/2002/0207analuisaazucar.htm

Christina Courtright
United States
Local time: 11:49
Specializes in field
Native speaker of: English
PRO pts in category: 14
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