Banking Quotations

Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients. And it is a service that must not simply be about making bigger and bigger deals that reap rewards for only a small group of executives.

But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.

Banking was conceived in iniquity and born in sin.

We don't have a good legal justification for breaking up the banking system. But if I could wave a magic wand, I'd break up the banking system.

After I met my partner, Mr. Protherow, we decided to start a banking project, and at the same time we started to think already about a business on a bigger scale. At the very beginning we thought more about gaining money, to have a normal life with our families, etc.

I am not in the business of pointing fingers or making excuses. However, recent history has shown that I, like thousands of others in Ireland, incorrectly relied upon the persons who guided Anglo and who wrongfully sought to portray a 'blue chip' Irish banking sector.

The modern banking system manufactures money out of nothing.

There's more honor in investment management than in investment banking.

I understand that it's a huge luxury for people to dwell on the problems in Washington. Things have to be pretty tidy in your own life that you have the time to worry about what's going on in Washington. Most of us spend our time worrying about the things that are directly around us: our love lives, our careers, and our banking accounts.

My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.

Early in my investment-banking career, I realized I was on a path that others had set out for me.

The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow.

Whether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.

A man who is without capital, and who, by prohibitions upon banking, is practically forbidden to hire any, is in a condition elevated but one degree above that of a chattel slave. He may live; but he can live only as the servant of others; compelled to perform such labor, and to perform it at such prices, as they may see fit to dictate.

I believe entertainers should know what's going on and do their own banking.

In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.

It is easier to rob by setting up a bank than by holding up a bank clerk.

The Emergency Banking Act reached back in time to amend the Trading with the Enemy Act of 1917, which had originally been intended to criminalize economic intercourse between American citizens and declared enemies of the United States.

We've always been modestly leveraged, and we've never believed in a great deal of leverage on either our private equity business or on our investment banking business. And I think it really goes back to my uncle and dad growing up in the Depression and just seeing what happened to people who were overly levered.

My experiment in money exchange was the temptation to set up a bank. The absence of any Islamic banking was also another factor in establishing Al-Rajhi Bank, which is now the world's biggest Islamic lender by market value.

Banking technology has made it simple and efficient to invest in good causes.

The reform of state industry, and most directly related to that, the banking sector, is enormously daunting.

It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.

The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance.

Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.

Identity theft involving these cards is a growing form of white collar crime, facilitating illegal immigration, banking and accounting fraud, tax evasion, and other nefarious activities.

I don't come from an artistic family, so I didn't know what theater was. I was working on Wall Street in the '90s, and I went to see 'Appointment With a High-Wire Lady' at Ensemble Studio Theatre, and it affected me so deeply. It changed everything I thought about the arts. I quit banking and became an actor.

I'm pretty much fully digital. I've basically spent a few painstaking days putting sounds into my laptop, just banking them, because I love playing, and I love visually seeing it on my screen and being able to change the sounds more, with different plug-ins. I've created my own synth sounds.

Retail banking in Africa is very weak. You can't go to a village and get money from an ATM or visit a branch of the bank. So people have to use the Internet.

My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.

The whole profit of the issuance of money has provided the capital of the great banking business as it exists today.

The truth is, consumer-grade antivirus products can't protect against targeted malware created by well-resourced nation-states with bulging budgets. They can protect you against run-of-the-mill malware: banking trojans, keystroke loggers and e-mail worms. But targeted attacks like these go to great lengths to avoid antivirus products on purpose.

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.

Carefully calculate the potential size of your market to make sure you can grow. Before starting Mint, I knew that there were about 20 million people who had purchased 'Quicken' or 'Microsoft Money' over the years, and 80 million people using online banking in the U.S. alone.

Those truly committed to liberation must reject the banking concept in its entirety, adopting instead a concept of women and men as conscious beings and consciousness as consciousness intent upon the world.

The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.

I keep wondering at night, 'Will I have a bank the next morning, or will some technology company be doing banking without needing a bank?'

And I think we need a combination of a freeze, potentially, and also we need to sit down with the - with the banking industry and talk to them about ways in which we can help them be able to work those mortgages out, because it's absolutely imperative that we keep people in their homes.

I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again

In Mexico, a network of government-operated rural convenience stores is offering banking services to rural communities.

If you want to change the way your banking system is regulated, if you want to learn the mistakes of what's gone wrong, then you have to change your government.

Make the most of online banking to make your life easier and keep your finances organized. Online banking is great because it offers quick, easy, 24-hour access to your checking and savings accounts.

What's breaking into a bank compared with founding a bank?

Banking types should take their cue from Gordon Gekko. Or pick the best-looking banker in their firm and copy him.

I do believe that banks are special - they are very leveraged institutions by nature; therefore, it's even more critical to ensure that the governance and the process of running a banking company are well-organised, managed and regulated.

We are in a situation with the huge stimulus package that's going to be spent all across this nation and a big financial crisis and banking crisis. And what we need is good, trained journalists who can play the role of watchdog.

I think I do regret leaving Kentucky because I took over a team with 15 wins banking everything on the Tim Duncan lottery, and once we didn't get Tim Duncan, I realized that leaving Kentucky was not a good move.

Bankers know that history is inflationary and that money is the last thing a wise man will hoard

To deprive mankind of their natural right and power of creating wealth for themselves, is as great a tyranny as it is to rob them of it after they have created it. And this is done by all laws against honest banking.

My view is that at a certain age - and we can debate whether that age is 70-72 or 75 - members need to step off boards. As per the banking guidelines, that age for the director on a board today is 70.

If you are in banking and lending, surprise outcomes are likely to be negative for you.

Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk.

Our view is that younger customers love our digital offering, our mobile banking applications and so on. Older customers expect relationship managers and want much more personal attention in terms of their needs.

If I had quietly retired as governor in 2007 and went into banking or something of that nature, I would have been, at most, a footnote in the story and probably never mentioned.

The stuff that's going on is just so over-the-top, with the banking crisis and destroying the Gulf of Mexico, and the outrage hasn't quite caught up with the people yet. But when it does, I think you're going to see really virulent anti-authoritarian kind of comedy coming out.

Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

I have nothing against investment banking, but it's like massaging money rather than creating money.

People with banking experience haven't all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.

Consumer banking - selling debt to middle class families - has been a gold mine.

I trust online banking. You know why? Because if somebody hacks into my account and defrauds my credit card company, or my online bank account, guess who takes the loss? The bank, not me.

We are probably at the point where the trading cycle is slowing, at least in North America, and it's tough to say investment banking will get better. But the retail and asset management businesses look really good. That's what's exciting to investors.

When we think about living donor transplant, what we're banking on is the ability of the liver to regenerate itself. Now, it's not the same sort of regeneration we think about with the starfish where we cut off the arm and it grows a new arm. With the liver, what happens is the remaining liver gets bigger, and your body knows the size of the liver that it needs, and when it recognizes that there is not enough liver, it sends nutrients and signals to the liver and says "get bigger."

Watchfire has taken its significant experience in the financial services market and developed a new banking compliance module to automate the cumbersome and daunting process of identifying online compliance risks specific to the banking industry for faster resolution and prevention,

What we're seeing is people banking enormous profits in these stocks.

We're proud to move to a brand that has a long-standing place in our country's banking history. Through expanded products and services, our combined company will make banking even more attractive for Chase customers in Florida.

We're expanding our branches in the Florida market, going to full banking centers to focus on customer service.

We're banking on these kids that come to take over.

We're banking on coming back to nothing, ... or not coming back at all.

Worldwide, we grew our commercial banking business strongly on the back of recent investment.

We're seeing more and more that Japan wants to implement banking reform. That's the key. That's very positive.

... preliminary accounting, banking and surveying (known as arithmetic, algebra and geometry).

Altough we all realize that monotony is boring, almost every form of industrial work- banking, accounting, mass-producing, service- is monotonous, and most people are paid for simply putting up with monotony

The main thing that I learned about conspiracy theory, is that conspiracy theorists believe in a conspiracy because that is more comforting. The truth of the world is that it is actually chaotic. The truth is that it is not The Iluminati, or The Jewish Banking Conspiracy, or the Gray Alien Theory. The truth is far more frightening - Nobody is in control. The world is rudderless.

Indeed, better risk management may be the only truly necessary element of success in banking.

The general culture of investment banking has deteriorated over the years. We did a $6 million deal years ago for Diversified Retailing and we were rigorously and intelligently screened. They bankers cared and wanted to protect their clients. The culture now is that anything that can be sold for a profit will be. 'Can you sell it?' is the moral test, and that's not an adequate test.

Think well of yourself and others will too. Unless those others are in government, banking, or show business.

It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.

We were in an all-out blitz, ... and we were banking on them not having time to throw it. We've got to tighten out coverage up, because at times we can't rely on the blitz getting there .

We are always banking on our gadget plays.

We achieved a truly outstanding result in 2005 with record performances in both the corporate and investment banking and in the private clients and asset management business.

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

Part of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get.

No one has the right to not assume that the business cycle will turn! Every five years or so, you have got to assume that something bad will happen.

You don't run a business hoping you don't have a recession.

Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things; then we'll buy them.

There is a serious disconnect between the issue at hand and the banking industry. I don't think they realize just how much the consumer needs to be informed.

We're having a science fiction week in investment banking land. They're throwing so much out it's confusing the market.

This quarter's results reflect strong broad-based gains across all three of our growth platforms -- domestic banking, Scotia Capital and international banking -- continuing the success of our strategy of diversifying geographically across business lines.

This quarter's disappointing net loss occurred during one of the most severe global market dislocations in the post-World War II period, ... Equity markets declined, risk premiums in debt markets widened, and investment banking activity slowed markedly. Bankers Trust sustained significant losses in emerging market debt, high-yield debt and in our equity holdings.

This proposed merger and acquisition is strategic and consistent with our priority agenda of transforming our consumer banking franchise. It augurs well for the future as it gives us the lead in the long-anticipated next round of banking consolidation.

This probe will reveal whether Poland had to change its banking sector this way over the last 17 years, or are there people who have erred. Surely, no foreign investor will be worse off because of it.

We very strongly want to see good financial services modernization legislation passed this year, ... The bill that came out of the Senate banking committee does not meet these requisites.

Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.

I don't know what happens to you after you die. I'm not banking on there being, like, a heaven.

Bankers regard research as most dangerous a thing that makes banking hazardous due to the rapid changes it brings about in industry.

The price was expensive and the decision to raise it 23 percent came as a surprise. The sale took place when most investors had already added sufficient banking stocks to their portfolios so they don't have strong reasons for buying.

In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry.

The place is growing very rapidly and the banking sector is growing as a multiple of that.

We're setting up investment banking now ... people will be on the ground this year. It's one of the big opportunities our senior management sees globally.

We're looking at a pretty favorable environment for bank stocks, and financials in general, over the next three-to-six months. But what I would say is that there's still a little bit of an overhang in terms of the commercial banking sector, due to credit quality concerns. So that's going to weigh heavily on the banks. But we could see growth in some of the other areas. Brokerage continues to be very strong,