Banking Quotations | Page 3
Banking Quotes from:
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Although Quotes
We've been focusing so much on tech. And we're starting to see that although these groups have periods of growth, they are basically cyclical... But until investors realize that, these things (Oracle's warning) are going to have a big impact on trade, ... that the banking stocks will come under pressure too.
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Arriving Quotes
We have a team arriving in Moscow at the end of next week that will have to look at the situation. Given what we know now about the changes in the exchange rate, the difficulties in the banking system and possible problems with the budget, it's clear the Russians will have to do quite a lot before that money can be released,
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Capital Quotes
We operate in a very intensely regulated world, including the mutual funds we manage and our company, which is publicly traded. Jerry Rubinstein has unique technical knowledge and skills; he is a CPA and an attorney. Furthermore, Rubinstein has tremendous entrepreneurial experience in the capital markets with leadership roles in several industries, ranging from oil and banking to the music industry.
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Activity Quotes
There are three effects of attenuating private property rights that ultimately change individuals' perceptions in a drastic way. First, there is the loss of trust in the government to enforce the law, which dramatically affects foreign investors' views of the country. Second, the loss of property titles dramatically limits the amount of borrowing and entrepreneurial activity by disrupting the banking sector. Individuals no longer can offer banks their property as collateral for a loan. Third, there is the loss in the incentive to pass along entrepreneurial knowledge, and work initiatives are sharply stymied as well, since one's investment is not retained.
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Calls Quotes
Today's banking customer has different needs from those we organized the bank around in the past. Each month customers now make 5.5 million calls to our service centers, and log on 9 million times to do their banking online. This has had a transformational effect on our business, and we have to manage the bank accordingly.
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Advisory Quotes
Today's announcement with NBK illustrates how the Cisco Intelligent Information Network vision for communications system allows organizations to cost-effectively enhance interaction with their customers by creating a seamless communications environment. Banking environments are highly mission-critical and require a networking infrastructure that is robust, manageable, highly secure and flexible enough for changing requirements. Working at an advisory level with NBK, we will enable the bank to increase the efficiency of operations and lower the total cost of ownership while delivering new, integrated services such as the IP Communication architecture.
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Practice Quotes
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, is consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.
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Advantage Quotes
UBS, City National Bank and First-Citizens are all unique banking franchises with different market strategies, but all recognize the value of being owners of The Clearing House. For companies with global operations or regional institutions focused in the U.S., The Clearing House provides the industry leadership and innovation that delivers a competitive advantage to institutions.
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Almost Quotes
When Claudia first got here, she was almost too powerful for her own game. She was banking on simply overpowering people because that's how she found success in junior tennis. She's a very strong player. But at this level, we're trying to teach her to harness that power and play smart. In a year or two, the girl's going to be a national force.
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Benefits Quotes
We are seeing the benefits from our investment spending, which helped generate record revenues in our international businesses and record revenues globally in our corporate and investment banking business. Strength in these franchises more than offset weaker results in our U.S. consumer business.
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Broken Quotes
There have been a few who have lusted after the job, but the vice chairmen are chosen for different purposes. The Fed is broken down so that the chairman runs policy and handles external relations, while the vice chairman runs the banking and internal part of the organization, and those aren't the skills you look for in a chairman.
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America Quotes
We're thrilled to have Mr. Sheppard help us celebrate these new openings as someone who is a beloved example to New Yorkers of dedication and longevity. Bank of America has a strong, long-term commitment to New York City. These new banking centers underscore our plan to become an even bigger part of the New York community in the years ahead.
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Decent Quotes
We've had some success at Fontana, but have never won there. It's a lot like Michigan, which is a track I really like, but the banking is a little less at California. I like the racetrack and, hopefully, we'll have some success there this weekend. We ran decent in February at Fontana, but we never really got a handle on the car. Hopefully we'll improve on that this week.
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Although Quotes
The recent events at the World Trade Center will undoubtedly have a negative impact on investment banking. Although economists believe a U.S. economic recovery will likely be stronger than previously expected, it is clear that any recovery in investment banking will be pushed well into 2002.
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Affected Quotes
This was a disappointing quarter. While second-quarter results were affected by the volatility of our mortgage servicing rights, the root of our problem is the unacceptably high cost structure in our mortgage banking business. We know what we need to do, our efforts are well under way, and we will not be satisfied until we have fixed it.
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Alone Quotes
You hear people say that Philadelphia doesn't have corporate or banking work. The fact is that I don't think most law students really understand what banking work really is, let alone whether a firm has a good practice. And I do think Philadelphia firms need to be more clear about the sophistication level of the work they do because there are a lot of misconceptions.
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Game Quotes
We had the first-game jitters. We had a lot of guys who were playing their first-ever indoor game. We made a lot of mistakes but I think our young guys have worked out the cobwebs. I'm hoping that it's going to be a lot different game than two weeks ago. No, I'm banking on it being a lot different game.
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Believe Quotes
We are very pleased to have Mr. Colbert join us as president and CEO. J.D. Colbert brings a strong record of success in the executive positions that he has held in banking and Indian country. We believe that he is a great fit for our organization and we look forward to exciting accomplishments under his leadership.
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Accepting Quotes
Commerce Bank is at the cutting edge of client-centric banking and we are proud to have played a role in that. Banking customers shouldn't have to educate their banks. Instead, other banks should follow Commerce Bank's lead in accepting that responsibility and using industry intelligence to build and maintain customer relationships.
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Across Quotes
Corporate and investment banking revenues increased 35%, including record revenues in transaction services and strong revenue growth across fixed income markets, equity markets, and investment banking, ... In Smith Barney, revenues grew 13%. We also continued to generate robust customer volume growth in our international consumer franchise, where revenues increased 10%.
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Allow Quotes
Congress had made clear that it has affirmed the principle of keeping banking and commerce separate. This loophole ... circumvents that principle. If Congress wants to revisit banking and commerce, that's their prerogative but it doesn't seem a good approach to allow a loophole in which that distinction breaks down.
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Call Quotes
Customers are very appreciative of receiving a call if a check is not signed, or if we are questioning the signature. It is a relief for them to know that with the new technology of today, we are making sure that their personal information remains confidential, and that we are taking measures to insure that our banking customers will not take a loss on a fraudulent check.
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Bad Quotes
I shudder to think that these people are doing their stock portfolios or electronic banking or buying things with credit cards on their computer over the Internet while their computer security has been completely compromised and are completely owned by these hackers, ... These people have something bad in their machines and they probably don't even realize it.