Quotes About Banking

Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.

Paper currency has hitherto been regarded with suspicion, as insecure.

If you're just interested in the prestige of banking, that's not what's going to sustain you. You have to be interested in what we do: managing and originating capital, helping issuers and investors come together is great, bringing these companies to life.

Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in the longer term, stronger prudential requirements for large banking firms will produce more sustainable credit availability and economic growth.

My dad's in banking, my mum manages the American branch of a Swiss vitamin company; they're really busy, but they still come to all my premieres.

It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

My English is actually getting worse. We talk Spanish at home and switch to English only when we need it. Like when we go to the bank to get some money.

When I moved from corporate to consumer banking, I brought a lot of synergy with me.

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.

Liquidity is oxygen for a financial system.

The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.

The Federal Reserve system obviously doesn't work anymore - they keep lowering the federal discount rate, and all that happens is that the banks are making a fortune, and the old folks' CDs are getting chewed up.

There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.

What's your favorite book?' is a question that is usually only asked by children and banking identity-verification services--and favorite isn't, anyway, the right word to describe the relationship a reader has with a particularly cherished book. Most serious readers can point to one book that has a place in their life like the one that 'Middlemarch' has in mine.

As long as I live I'll never forget the time he had a bank president pinched, or rather I did, on no evidence whatever except that the fountain pen on his desk was dry. I was never so relieved in my life as when the guy shot himself an hour later.

Call your debit- and credit-card companies to let them know the countries you'll be visiting, to ask about fees, request your PIN code (it will be mailed to you), and more. See here for details.

Personal ambition and greed are essential to the success of a banking firm, but other qualities contribute to success, including teamwork, leadership, strong management, luck, a common tradition or culture.

A bank is a place that will lend you money if………………………………… you can prove you don't need it.

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

The key architects of the nation's economic policy in the Clinton era (Greenspan, Rubin, and Summers) allowed the build-up of forces that would eventually blow the housing and banking industries sky-high. These forces were then multiplied by the reckless fiscal policy of the Bush Administration that enlarged the size of the national debt and set the stage for an economic train wreck.

The most important lesson here is that what is tolerable risk for a company may well be intolerable for a nation. This is particularly true in banking. There is no real economy if the financial economy fails. As elaborated by Posner, "The risk to the nation is not the bankruptcy of a single major bank but the collapse of the banking industry, precipitating a financial crisis that can bring on a depression." The

rates, it is now public knowledge that the infamous American investment bank Goldman Sachs helped it – for its usual exorbitant fees – to brighten up its accounts.57 It seems scarcely credible that none of this was suspected in the highly 'networked' international 'financial

I hesitate to deposit money in a bank. I am afraid I shall never dare to take it out again. When you go to confession and entrust your sins to the safe-keeping of the priest, do you ever come back for them?

There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.