Best 224 quotes in «banking quotes» category

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.

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.

An MBA is a great degree for career paths like investment banking, finance, consulting, and large companies. An MBA is not necessarily the right path for starting a tech company. You should be building a prototype, not getting an MBA in that case.

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

A people... who are possessed of the spirit of commerce, who see and who will pursue their advantages may achieve almost anything.

A possibility is that we see more and more leverage, and credit-to-GDP ratios rise once more to even higher levels; eventually the banking systems of all advanced economies reach magnitudes of 500 percent, 1000 percent or more of GDP, so that every economy starts to have financial systems that resemble recent cases like Switzerland, Ireland, Iceland, or Cyprus. That might be a very fragile world to live in.

Bankers are just like anybody else, only richer

Banking gives you a glimpse into what makes companies succeed and what makes companies fail.

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.

Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.

Bankers know that history is inflationary and that money is the last thing a wise man will hoard

A tiny portion of the population controls the lions share of the wealth and most of the command positions of state, manufacturing, banking, investment, publishing, higher education, philanthropy, and media... these individuals exercise a preponderant influence over what is passed off as public information and democratic discourse.

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.

Bankers regard research as most dangerous a thing that makes banking hazardous due to the rapid changes it brings about in industry.

Banking is a branch of the information business.

Banking is very good business if you don't do anything dumb.

Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.

Banking types should take their cue from Gordon Gekko. Or pick the best-looking banker in their firm and copy him.

Banking was conceived in iniquity and born in sin.

Banks get in trouble for one reason: They make bad loans.

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.

Banking technology has made it simple and efficient to invest in good causes.

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.

Banks need to think through their ethics very carefully, and many have done so. I dont know any bank that dismisses the concept of ethical banking.

Brokerage firms and their executives cannot use threats regarding research activities as a way to obtain investment banking business. The threat to drop research coverage if Piper were not selected as the lead underwriter for a secondary offering was totally inappropriate and undermines the integrity of the market.

Destabilization and turmoil,[Steven] Lerner hopes, will also crash the stock market, isolating the banking class and allowing for a transfer of power.

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.

Deposit insurance has proved to be the crack cocaine of American finance.

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.

Early in my investment-banking career, I realized I was on a path that others had set out for me.

Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things; then we'll buy them.

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.

Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and I shall die abhorring.

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.

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

Food banking as well as other antihunger programs do a good job of managing poverty by alleviating its worst symptom, hunger.

Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.

Hollywood is a small, familial place. Everyone does business with everybody else. The same complications occur in investment banking.

I believe entertainers should know what's going on and do their own banking.

I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements.

I do not think you can trust bankers to control themselves. They are like heroin addicts.

I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I'll be all right; I've got a few veg.

I do think that the banking system is now in the most perilous state we've seen in over 70 years.

I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time.

I doubt if there is any occupation which is more consistently and unfairly demeaned, degraded, denounced, and deplored than banking.

I dream of a Digital India where mobile and e-Banking ensures Financial Inclusion.

I don't like the anonymity of the banking process - people now don't have a bank manager they ever meet.

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.

If I had quietly retired as governor in 2007 and went into banking or something of that nature, I would have been, at most, a footnote in the story and probably never mentioned.

If you are in banking and lending, surprise outcomes are likely to be negative for you.