Quotes About Banking

I think the FDIC was one of the great inventions of the American.

Genealogy of American Finance is a treasure trove of information on American banking and its history, in an unusual -- and unusually useful -- format.

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

I'm thinking of switching banks, and my friend said, 'Well, what's wrong with Citibank?' Well, they can't spell 'city.' I hope their math is better than their English is.

I saw a bank that said '24 Hour Banking,' but I don't have that much time.

A financer is a pawnbroker with an imagination.

Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit.

Deregulation not only opened the way the crash of 2008.

Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.

If I could wave a magic wand, I'd break up the banking system.

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.

With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.

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.

Limits should be placed on how big big banks can become.

When I look at how the banking world has changed and at the role Chinese banks, for example, play today, Germany, as an export-oriented economy, should be pleased to have a major global player in its camp.

Folks can't carry around money in their pocket. They've got to go to an ATM machine, and they've got to pay a few dollars to get their own dollars out of the machine. Who ever thought you'd pay cash to get cash? That's where we've gotten to.

Blackstone is a major client of many of the largest banks around the world.

We're a boring retail and commercial bank.

What is competent? Who is it that can adjudicate what is competent or not competent? If the guys that are running the most important banks in our country aren't competent enough, well then, who is competent enough?

I think Dodd-Frank has contributed to a concentration of banking assets in the hands of a small number of banks.

Capital is kind of a banking concept.

It's not a burden, you know? You're going to work in fashion, surrounded by creativity and beautiful people, beautiful objects... or work in banking. OK, I choose fashion.

My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?

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.