Quotes of All Topics . Occasions . Authors
Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
No one has the right to not assume that the business cycle will turn! Every five years or so, you have got to assume that something bad will happen.
Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system.
Banks need to think through their ethics very carefully, and many have done so. I don't know any bank that dismisses the concept of ethical banking.
In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less.
Genealogy of American Finance is a treasure trove of information on American banking and its history, in an unusual -- and unusually useful -- format.
Destabilization and turmoil,[Steven] Lerner hopes, will also crash the stock market, isolating the banking class and allowing for a transfer of power.
We all rely on technology to communicate, to survive, to do our banking, to shop, to get informed, but none of us knows how to read and write the code.
You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent.
When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.
My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.
But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.
The opportunity to create wealth in foreign banks exists only in the investment banking space. Working in a local company teaches you to think long term.
When we in our sector talk of the adoption of Indian consumers to new products and innovative ways of doing banking, they always exceed our expectations.
Digital fluency... is literally your ability to do things like banking online, to connect with people, to use a device and the Internet in a very easy way.
Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.
We do recognise that there are areas where the current financial services market, the banking market, just isn't working for chunks of the British economy.
After graduating from college I worked at a variety of jobs, from banking to politics. I enjoyed whatever I was doing at the time but I didn't love my work.
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.
I've never categorically been a banker. I had two internships while I was at university. The decision was more banking, or magic, and I went with the latter.
I have been working in male-dominated industries most of my life. When I started my career in investment banking, I was one of two women in my analyst class.
I was in banking because it was high-paying, intense, a real meritocracy, and the afterwork part was fun, but I found everything to do with banking so boring.
The eyes of our citizens are not sufficiently open to the true cause of our distress. They ascribe them to everything but their true cause, the banking system
We believe the new banks will complement the existing banking system, and there will be opportunities for players to identify mutually beneficial partnerships.
Are there a lot of designers that matter? The industry hasn’t got a litmus test any more. The whole thing has imploded. Watch it die, like the banking industry
We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.
So far, Indian companies have focused more on customer application. This needs to shift to packaged software for sectors such as banking and financial services.
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.
If you want to change the way your banking system is regulated, if you want to learn the mistakes of what's gone wrong, then you have to change your government.
Independently of its misdeeds, the mere power, - the bare existence of such a power, - is a thing irreconcilable with the nature and spirit of our institutions.
Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess
The few who understand the system, will either be so interested from it's profits or so dependent on it's favors, that there will be no opposition from that class.
The truth is a mayor can actually do very little to alter the course of a huge city run by the free market that is home to banking - the engine room of capitalism.
In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
The banking industry has traditionally been characterized by physical branches, privileged access to financial data, and distinct expertise in analyzing such data.
In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are using their mobile phones.
People rightly want our political leaders - on all sides - to concentrate on minimising the damage to jobs, living standards and our savings from the banking crisis.
Banking now is like sending a letter: you send it, you don't know if it reached there. Ripple is more like sending an iMessage: you send it, and you immediately know.
I have a backup plan. Everybody should have a backup plan. I am a banker. The day you all get bored of me and don't want to watch my films, I will go back to banking.
Managing and moving your money should be a right, not a privilege. This isn't about banking the unbanked. It's about re-imagining what consumer retail banking can be.
Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
The onus should be on the banks and their compliance officers to ensure the analysts are kept separate from investment banking and they should be punished for breaches.
Unlike Milan, Italy's banking capital, or Rome, its religious center, Florence was the place where the rich went to buy goods that would showcase how wealthy they were.
It's not that the regulator doesn't want the banking industry to grow. The growth of the industry has always been in relation to the GDP (gross domestic product) growth.
Every banker knows that if he has to prove that he is worthy of credit, however good may be his arguments, in fact his credit is gone: but what we have requires no proof.
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.
Google's entire business model and its planning for the future are banking on an open and free Internet. And it will not succeed if the Internet becomes overly balkanized.
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.
Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.
Our approach to banking is very different from the traditional banks or even some of the new banks. We do not necessarily go out and write single-cheque, large-ticket loans.