Famous Quotes & Sayings

The problem is whereas there are thousands of people working on the prop desks of investment banks in equities and bonds, you're talking about a very small fraction of the people doing that in commodities.

The problem is we always thought we could do it all: We could become president of Chase Manhattan bank and then have our five children, ... It doesn't work that way ... because, unfortunately, this time clock is real.

Those banks involved in the speculation will suffer by paying a high interest rate to get the Hong Kong dollar funding to settle the deals.

Those banks have done quite well. Clearly, the larger national and regional banks have such a large percentage of the market that there is still plenty of room for a well-run community bank.

Ben Bernanke

Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy.

We are in a mess and in a normal situation one would expect that someone at the ministry of finance or the Reserve Bank would get fired for failing to do their job.

We are disappointed that the Bank did not take the opportunity to provide some support for the fragile economy.

We are delighted to officially enter three dynamic Florida markets through the acquisition of First Florida. First Florida has a team of talented bankers and investment experts who are empowered to deliver financial solutions and make local decisions that best suit their customers' needs. Through our partnership with First Florida, we can increase the resources of the local bank so they can offer even more robust products and services to both commercial and retail consumers in these rapidly growing markets.

Jay Sidhu

We are delighted to have these disputes resolved and put behind us. Sovereign has a proven track record of creating more than a 200% increase in shareholder value over the last ten years, and our board, including Ralph Whitworth, our other new director and the Santander and Independence Community Bank representatives, will work together to continue to deliver superior value going forward.

I think, overall, banking is about service and convenience . We know we are better in service (than the big banks). Now, we can be more convenient too.

I think people are reluctant to talk about money because there's always a scorecard--a bank statement, a credit report, a pay stub--and if you screw up, it's right there. But with sex, it's easy to be Don Juan or Donna Juanita. I think the record of past transgressions in black and white is why money is our last taboo.

I think I hit a shot before that and I was feeling good, so I knew I was going to pull up when I got it. We were playing in Bank Arena, I guess, so I knew I had to bank one home.

We can say authoritatively that federal bankruptcy law changes are doing no measurable good whatsoever. They've done nothing more than put new hurdles in the path of people who are already flat on their back due to a financial crisis over which they have no control.

We can only hope that the Goldman Sachs investment bankers who are advising the board are providing you with the same advice. Why should a company's shareholders have to run a proxy contest to convince its board to do the right thing?

We drove to several banks and someone said they found her behind New River Shopping Center,

Well, I started out in the Federal Reserve as a young economist and spent about five years in the Federal Reserve Bank of New York.

We hope that our extended hours will help working families manage their banking transactions.

Nouriel Roubini

While central banks care less than private investors about the return on their investments, they're not completely clueless,

Robert Johnson

Whether you run a Family Dollar store, whether you're a bank loaning out money at certain interest rates, you get a gut-check from the marketplace.

We don't see inflation shooting up because of what has happened in the labor market. I have a fairly benign outlook for inflation, in line with the Bank of England forecast.

We expect banks to perform a risk analysis, and, based on that risk analysis, provide an extra layer of security by the end of the year.

We're also talking about job cuts in our private banking business,

We filed for bankruptcy and set up this process to flesh out the real interest from potential buyers, ... We feel the greatest value to our creditors would come from a strategic arrangement that preserves the company as a going concern.

We have strong momentum in all our businesses as the benefits from continued execution in our consumer businesses were accompanied this quarter by a rebound in trading and good performance in investment banking and wealth management.

We caught them on tape lying to a federally insured bank to obtain financial information. And the trafficking is the unfair part.

We do think it's a matter of time both the Bank of Japan and government officials begin their chorus of escalating threats and warnings, which could prove ineffective .

David Dickinson

We do some high-quality work in our banking group, but if we want to do more of it we need more people.

Two years ago we gave up on Xerox. It was on the brink of bankruptcy or being taken over and, believe it or not, now it's on the path to profitability .

Two-year bonds don't offer too much value as the central bank may continue to raise interest rates. The economy in general is doing very well.

Vanessa Friedman

You do not want to do what one female banker did. She went to Finland with three-inch heels, but they did not work in the snow,

To have an effective monetary policy, you have to have a robust borrowing and lending cycle. The problem is that households and businesses are both overextended, while banks have problems with their current loan base. So we don't have a viable borrowing and lending cycle, which means that monetary policy is not working effectively.

We don't have the cash reserves to be in bankruptcy a long time,

If the banks become unreliable lenders, apartment prices will drop dramatically.