Quotes About Banking

Dodd-Frank has disproportionately burdened community banks, despite their having no role in the financial crisis.

You shouldn't be trying to create a system where no bank fails, but you should be creating one that catches a bank and allows it to fail without impacting the financial markets.

I happen to love financial services.

I don't think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking.

The financial services industry is failing the millennial generation.

In the old days, when you took out a mortgage, it was probably through a local bank or a credit union, and whoever gave you your loan held on to it for life. If you lost your job or got too sick to work and suddenly had trouble making your payments, you could call a human being and work things out.

Nine out of ten adult Americans have a checking account. It's the most widely used financial services product in the United States.

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.

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.

The middle class is teetering on the brink of collapse just as surely as AIG was in the fall of 2009 - only this time, it's not just one giant insurance company (and its banking counterparties) facing disaster, it's tens of millions of hardworking Americans who played by the rules.

As much as the banking system may not be terribly popular, it is an essential part of the economy.

In September 2008, the overleveraged and undermanaged U.S. banking system suffered a terrifying collapse. And that, in turn, nearly took the whole country down.

He held $32.3 million in Morgan capital, which was the bank's major cushion.

Both Jefferson and Adams detested people who earned a living shuffling financial paper, and when Adams launched a bitter tirade in later years against the iniquitous banking system, Jefferson agreed that the business was "an infinity of successive felonious larcenies." 9 That banks could serve any economic purpose—that they could generate prosperity that might enrich the few but also lubricate the wheels of commerce—seemed alien to both men.

Hamilton opposed the vogue for state banks that proliferated in the 1790s, less from narrow political motives than from a fear that competition among banks would dilute credit standards and invite imprudent lending practices as bankers vied for clients.

Instead of floating bond issues alone, the banks pooled their capital to share the risk of underwriting.

National City Bank had the deepest gold reserves and cash resources of any bank during the panic.

They loaned out so much against stocks and bonds that by October 1907 as much as half the bank loans in New York were backed by securities as collateral—an extremely shaky base for the system.

Armin feel very ashamed. Ashamed of the banking system. Ashamed of Switzerland. These are terrible, unpatriotic things to feel. And I wonder if it isn't this shame which has allowed his illness in.

H. Ford standing by his assembly line cried out, 'If the people of this nation understood our banking and monetary system, I believe there would be a revolution tomorrow morning.

If the people of this nation understood our banking and monetary system, I believe there would be a revolution tomorrow morning.

Kay and Beverly were a disappointment to me. They worked hard at Modern Languages, but their conversation and preoccupations seemed hardly different from those of girls who might work in banks or offices.

Unless Chase Bank quits I prophesy blood violence

A bank with a reputation for mercy is like a whore with a reputation for chastity – one fears they won't get the job done.