Glossary entry

English term or phrase:

wholesale asset sweeps

Spanish translation:

transferencias masivas de activos

Added to glossary by psicutrinius
Oct 10, 2012 22:25
11 yrs ago
1 viewer *
English term

wholesale asset sweeps

English to Spanish Bus/Financial Investment / Securities
No consigo alcanzar una traducción mínimamente adecuada. El contexto es el que sigue:


Investment Banks and the overall financial industry enjoy unlimited government largess in the form of Quantitative Easing, immunity from prosecution, as it relates to fraudulent financial instruments such as CMOs, CDSs & assorted derivatives, front running client accounts, pilfering of client accounts, wholesale asset sweepsfrom failed banks to failing banks and even the wholesale world-wide manipulation of LIBOR.
Proposed translations (Spanish)
3 transferencias masivas de activos

Proposed translations

16 hrs
Selected

transferencias masivas de activos

El gobierno aprueba el traspaso masivo de carteras de activos de bancos fallidos a bancos en camino de serlo?

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Note added at 17 hrs (2012-10-11 16:11:53 GMT)
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Yo tambien lo leo como sweep, no swap. Es una "barrida" indiscriminada de los prestamos hacia otro banco, que equivaldría a una transferencia, OK?
Note from asker:
Es muy probable, patinba, y te agradezco el interés (y la investigación que habrás llevado a cabo), pero el "stumbling block" para mí es el "sweep". Si fuese "swap", entonces tu respuesta es absolutamente válida, pero me consta que el "sweep" no es una errata y, aunque a fin de cuentas pueda no tener importancia, me gustaría asegurarme de ello.
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4 KudoZ points awarded for this answer. Comment: "Gracias, patinba"

Reference comments

1 hr
Reference:

wholesale asset swaps

Virtual asset swaps to benefit consumers


The government is continuing to implement its programme of improvements to New Zealand’s electricity sector, with Energy and Resources Minister Gerry Brownlee today announcing details of virtual asset swaps between the three state-owned electricity generator-retailers: Genesis Energy, Meridian Energy, and Mighty River Power
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