Banking Quotes - Page 4

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

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.

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.

We dont have a good legal justification for breaking up the banking system. But if I could wave a magic wand, Id break up the banking system.

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

In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less.

Irrational lenders come and go - mostly they go!

I only know one thing: Everything I learned about the banking business, I learned in the banking towers of the Societe.

I would like to believe in an afterlife; it makes things more palatable. But I'm not banking on it.

My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.

Always stay true to your nature. Anything that you are being hired for in any aspect of life whether it is a banking job, acting directing, whatever it is you have to stay true to who you are because they hired you to do what you do.

Indeed, better risk management may be the only truly necessary element of success in banking.

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.

The banking business is no favorite of ours. When assets are twenty times equity - a common ratio in this industry - mistakes that involve only a small portion of assets can destroy a major portion of equity. And mistakes have been the rule rather than the exception at many major banks.

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.

Our international banking system allows banks to accept funds gained from tax evasion and other crimes and thereby facilitates and encourages embezzlement by public officials, especially in developing countries, as well as tax evasion and tax avoidance by multinational corporations.

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.

If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.

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

Microcredit has shown how you can reach out to people that conventional banking cannot. It has demonstrated that it's a doable proposition.

Part of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get.

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

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.

Money never declines. Money just moves.

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