Quotes About Banking

Is it okay for a U.S. bank to pay a U.S. banker but not a U.K. bank to pay a U.S. banker?

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.

When I was opening my first bank account, the person at the counter thought I was a girl.

At the most basic level, a central bank must be clear and open about its actions and operations, particularly when they involve the deployment of public funds.

From his office on the 48th floor, Dimon makes the rounds every day to committee members who are in New York, stopping by for conversations lasting three or four minutes. Those outside New York are apt to get a short phone call. Although Dimon uses electronic communication, his preferred mode is personal and when possible face-to-face. He doesn't waste time, but sees these micro-meetings as the most efficient way to following up on issues across the bank's six business units.

the undistributed profits, which rose from 175 million marks in 1932 to five billion marks in 1938, a year in which the total savings in the savings banks amounted to only two billions

In Bangladesh, millions survive on pennies a day. With little access to banks, they're forced to pay outrageous interest rates (100% a year or more) whenever they need to access money.

It was clear that only a handful of banks would emerge as winners in our changing, consolidating industry. And the winners likely would be those whose employees could take risks and innovate, who could work smoothly on teams and motivate colleagues, and who could not only cope with change but also spur change. In short, leadership would separate the winners from the losers.

Having failed the Civil Service entrance examinations, he had become – she recalled – a clerk at the London office of the Hong Kong and Shanghai Bank on 31 Lombard Street, at the age of eighteen – one of his 'fellow employees' there had been the young P. G. Wodehouse

sincerely believe, with you, that banking establishments are more dangerous than standing armies.… —THOMAS JEFFERSON, letter to a friend, 1816

I went down to Chemical—and after asking to see everything but my teeth, they cashed {my cheque}. Nothing infuriates me like those friendly, folksy bank ads in magazines and on TV. Every bank I ever walked into was about as folksy as a cobra.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

I believe that banking institutions are more dangerous to our liberties than standing armies." ---Thomas Jefferson

We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis.

Young children need to develop good habits that will be useful to them the rest of their lives. It is important to keep the lessons age-appropriate. For example, when your children start earning allowances, that would be a good time to teach them how to put some money in the bank instead of spending it all.

Because Mint has access to all of your bank accounts and credit cards, we can detect fraud or unusual spending patterns faster than your bank, then send an email or text message alert to users.

The trouble with being educated is that it takes a long time; it uses up the better part of your life and when you are finished what you know is that you would have benefited more by going into banking.

Banking, as far as I can tell, seems to be almost as precise a science as using a slot machine. You either blindly hope for the best, delude yourself into thinking you've worked out a system, or open it up when no one's looking and rig the settings so it'll pay out illegally.

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.

I often have said to people that there are really two cities in the country where the outlook is always forward-looking - there is never really a backward-looking tendency. My banking work has taken me out to Palo Alto, what is commonly called Silicon Valley. And you sense out there is always a forward-looking outlook. And New York City.

What's really happening is that every bank in the country is experimenting with the blockchain and experimenting with bitcoin to figure out where the value is. For the first time ever, they're working hand in hand with startups. Banks are asking startups for help to build products.

les 8 900 milliards de dollars que les gouvernements des États industriels ont versés en 2008-2009 à leurs banques respectives correspondent à soixante-quinze ans d'aide publique au développement... (p. 87)

I'm not against banking. Banking allowed our modern society to happen, it is essential. It connects the work through finance, so banking is good.

I am happy to be running a public sector bank. In times of stress, most people will always have an account with us, so, to the extent that it gives stability and faith for the people and because banking is a business of trust, it is a major advantage we have.