Famous Quotes & Sayings

I learned very much from him. He was a man of great integrity. If he told you something you could bank on him. As a superintendent, he could be firm as needed to be but always fair. He told me to always tell the truth, to mean what you say and you will never have a problem.

Newt Gingrich

I have people who come to this floor, who claim they represent the workers, who say they are for an international bank institution that is totally secret, that is run by a bureaucrat whose major policy is to raise taxes on workers in the Third World to pay off New York banks, ... Now that doesn't sound like populism to me.

I made my money turning around distressed or bankrupt companies. I did 50-some of them in my career... I started on a shoestring and eventually built up quite a fortune.

The larger banks are seeing a lot of market share in this area, but the larger credit unions and the ones being run by ex-bankers are setting up arrangements where a non-member can finance a car right at the dealership just by signing up to be a member.

Stephen Lewis

The large German banks now seem to be more interested in competing with Anglo-Saxon banks in international markets than in nurturing their long-standing domestic lending business.

The merger with Bank of Punjab has brought new business lines, especially in its SME (small and medium enterprises) portfolio, and increased our low-cost retail deposit base.

Their point of destination was Hancock Bank on 53. They were re-roofing the building. So the driver of the truck, for whatever reason, just kept driving and he pulled into our parking lot.

The investors really made a profit on those, Bank of Communications, or CCB.

The investment banking team will be first on the ground, fixed income and equities will be the next phase. We'll do some transfers and we'll hire some people locally.

The issue has been getting the bank back to a positive earnings basis.

The fact that you see banks on the streets, you don't know who the owners are. Many banks are owned by governments.

The fact that yen weakened on the news means the market takes the Bank of Japan's pledge seriously.

The Fed is moving to the sidelines, 50 percent of the regional banks businesses as a rule are still related to the direction of interest rates. We think interest rates are headed lower. Capital markets remain very active. Fleet is in that business. They have an investment banking division, too, now. So the shares are quite cheap at about 13, 14 times earnings.

The Federal Reserve is nearing the end of its tightening cycle, and the European Central Bank could tighten more.

Alan Greenspan

The Federal Reserve Bank of New York's efforts were designed solely to enhance the probability of an orderly private-sector adjustment, ... No Federal Reserve funds were put at risk, no promises were made by the Federal Reserve and no individual firms were pressured to participate.

The fear is that foreigners have stopped buying. The yen's weakness has been a catalyst for people to get out of banks and into exporters.

The consensus is that we are definitely going to war and it's probably two to three weeks away, no more than that. We can take it as a given that the Bank of Japan is in the market at or around 117, so that the low we have tested in the past at 116.80 remains intact.

The continued buoyancy of the labor market has sustained consumer confidence and limited the fallout from the softening housing market. This, in turn, ensures that the Reserve Bank has retained a tightening bias for interest rates.

The consumer loan business has been regarded as a good source of revenues for major banks ... the problem is that we don't know how this issue will be resolved.

The cost will be borne by the bankruptcy estate. It is not completely clear how broad the scope will be. All of these administrative expenses must be paid at the time the repayment plan is implemented. That is a big deal.

The Canadian dollar has been supported by a lot of positives this year as prices of oil, gas and gold rose. Bank of Canada has raised rates; that also boosted demand for the currency.

The Canadian currency is still performing very well especially in the face of a slightly disappointing retail number. The Bank of Canada's meeting next week will be the focus. A rate hike next week is most likely.

I'm going to take it to the bank and pay some money I owe, and that's the honest truth.

The first quarter was just awful, but then Tommy (Kurth) banks in the 3 and we have the lead after the first quarter. I kept looking up thinking (the Cavemen) were up seven or eight points, but then, heck, we tied it and then took the lead.

The cash shortage in the economy is temporary because it is a consequence of government not spending enough and repayment of debt by the State Bank of India in December. Capital inflows are still strong.

The challenge for banks in the slower revenue growth environment is to become more efficient to drive down operating expenses. With the spread between the long end and short end being narrow, it's tougher for banks to make money.

The central bank wants to change monetary policy. Economic sentiment looks bright.

The central bank wanted the peso to weaken, so if it is weakening, one of their incentives to cut rates is no longer there.

The central bank took a pause and it has room for three or four more hikes the rest of the year.

The central bank should steer its monetary policy so that expectations are not fueled too much that the low interest-rate policy will be prolonged.

The central bank seems more worried than before that resources feeding the U.S. economic expansion are getting scarce.

The central bank runs the risk of raising the interest rate too fast. Historically, the central bank had overreacted to inflationary pressures, contributing to economic recessions.

The central bank put itself in a box with the top lid open so that it can change its policy quickly in response to changing economic conditions.