Best 224 of Banking quotes - MyQuotes
Hollywood is a small, familial place. Everyone does business with everybody else. The same complications occur in investment banking.
A man who is without capital, and who, by prohibitions upon banking, is practically forbidden to hire any, is in a condition elevated but one degree above that of a chattel slave. He may live; but he can live only as the servant of others; compelled to perform such labor, and to perform it at such prices, as they may see fit to dictate.
Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal - that there is no human relation between master and slave.
Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.
Deposit insurance has proved to be the crack cocaine of American finance.
In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry.
If Congress has the right under the constitution to issue paper money, it was given them to be used by themselves, not to be delegated to individuals or corporations.
I only know one thing: Everything I learned about the banking business, I learned in the banking towers of the Societe.
Is this complicated, risky [banking] system the best we can have?
Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.
There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.
The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented.
Your traditional EDUCATION is not going to CHANGE your life but the life you are experiencing that can change you. Choose a POSITIVE life STYLE with positive ATTITUDE which could bring you a life with HAPPINESS and WISDOM
Much of the shadow banking sector, a major contributor to the economic crisis, was also only possible because of taxhaven secrecy.
Destabilization and turmoil,[Steven] Lerner hopes, will also crash the stock market, isolating the banking class and allowing for a transfer of power.
Money should be ones demand and not command, one should not become a slave of Money because we made money to help us trade and not to make us, we're already made even without money.
It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.
The collapse of the world's banking system and the impending disaster of accelerating climate change are not separate phenomena. They are simply the most visible symptoms of a particular model of capitalism that will bring civilisation to its knees. But those symptoms will not get sorted unless and until we commit to a radical transformation of the way we create and distribute wealth in the world today
A people... who are possessed of the spirit of commerce, who see and who will pursue their advantages may achieve almost anything.
Monetary policy does not work like a scalpel but more like a sledgehammer.
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.
Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition.
I don't like the anonymity of the banking process - people now don't have a bank manager they ever meet.
Most of the supposed wealth held by American banks at that point had become so wholly imaginary, so weightless and impalpable, that any amount of it could be transferred instantly to Ecuador, or anyplace else capable of receiving a written message by wire or radio.
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
Ludwig Von Mises
It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary.
Success from the financial and from the prestige point of view . . . is not enough; what matters even more is . . . adherence to high moral and aesthetic standards." — as quoted in "High Financier" by Niall Ferguson
John Maynard Keynes
By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.
Banking and after-dinner speaking are two of the most nonessential industries we have in this country. I am ready to reform, if they are.
Italy is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.
Adventure is the life of commerce, but caution is the life of banking.
The academic auspices under which we meet this afternoon, prompt me to introduce my remarks with a literary reference. I recall for you a few lines of Shakespeare, from Hamlet where Polonius bids farewell to his son Laertes: "Neither a borrower nor a lender be, For loan oft loses both itself and friend And borrowing dulls the edge of husbandry." This was undoubtedly necessary advice from a father to a son about to leave for France. but it is clear that Polonius was neither a banker nor a Californian. If he had been a banker, he might have commented on the merits of good collateral as compared to the possible loss of a few friends. And if he had been a Californian, caught in the vigor of a growth economy, the idea of not being a borrower would never have occurred to him. Therefore, it should not be surprising that a California banker has come to say something on behalf of debt.
Earn Nicely, spend wisely and you will live happily.
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.
The weird thing is that Stuart's the one guy - Stuart [Immonen ]and Sean Gordon Murphy, they're the kind of guys you can trust, where you don't need to do that because those guys are so incredibly reliable. They're just like clockwork, they turn in the pages just so perfectly on time. But I'm so paranoid, because I've been burned so many times, that I'm still even banking these guys.
There is only one kind of life insurance, and that is pure protection based on a mortality table. All others are pure protection plus a cash value element that I call 'funny' banking.
The advantage of online banking is that you can pay bills superfast, and your account is automatically credited or debited for each deposit and payment, making it easier to stay on track.
It is no coincidence that the century of total war coincided with the century of central banking.
The system of banking have[for]ever reprobated. I contemplate it as a blot left in all our Constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens.
Banking was conceived in iniquity and born in sin.
Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
In 1987 Senator Jesse Helms, stated "it is no secret that the international bankers profiteer form sovereign state debt. The New York banks have found important profit centers in lending to countries plunged into debt by Socialist regimes. Under Socialist regimes, countries go deeper and deeper into debt because Socialism as an economic system does not work. International bankers are sophisticated enough to understand this phenomenon and they are sophisticated enough to profit from it.
The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.
I do not think you can trust bankers to control themselves. They are like heroin addicts.
How you think and create your inner world that you gonna become in your outer world. Your inner believe manifest you in the outside
The goal [is] not only to earn high returns at the top of the cycle but also to avoid giving them back at the bottom.
By the aristocracy of finance must here be understood not merely the great loan promoters and speculators in public funds, in regard to whom it is immediately obvious that their interests coincide with the interests of the state power. All modern finance, the whole of the banking business, is interwoven in the closest fashion with public credit.
Have you met a banker, who is not interested in money? He loves the game, not the cash! You should bet on him.
Now I don't know much about finances, but I do know not to trust these smooth-faced wolves in sheep’s clothing. We trust these confidence tricksters because they know best, right? They'll be able to advise us, won't they? Yeah, they know best all right. They throw legal dust in our eyes, always keeping something back and dressing up their untruths with promises and alluring pound-note signs. But all the time they're making a killing out of us. A FUCKING KILLING!
William J. Bernstein
Although the Muslim commercial web possessed many advanced features, including bills of exchange, sophisticated lending institutions, and futures markets, no Islamic state ever established the bedrock financial institution of the modern world: a national or central bank