Top 1200 Banking System Quotes & Sayings

The world is not going to fall as long as there is confidence in governments and in banking institutions and the financial system.

The fact of the matter is, we have the strongest banking system in the world.

Moving from corporate banking to retail banking to international banking to supervisory roles has meant completely reinventing myself.

The lifeblood of the economy is that the banking community is a circulatory system for American capitalism.

Is this complicated, risky [banking] system the best we can have?

They [political leaders ] thought the only problem was the banking system, and if they fixed the banking system, all would be fine. But the banking system and the mortgage problem were symptomatic of some deeper problems, and evidently they still haven't recognized those deeper problems.

As much as the banking system may not be terribly popular, it is an essential part of the economy.

I've got to say our banking system is a safe and a sound one. And since the days when we've had federal deposit insurance in place, we haven't had a depositor who's got less than $100,000 in an account lose a penny. So the American people can be very, very confident about their accounts in our banking system.

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.

I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.

On the one hand, I loved being a banker. I loved how numbers could tell a story and how you can invest in ideas and see them translate into products and services and create jobs. What I didn't like, particularly where I was working in Brazil during the debt crisis of the early '80s, was how the poor were excluded from the banking system. I made the decision to try and experiment with whether we could use the tools of banking to extend the benefits of the economy to the poor.

By the 1890s, the leading Wall Street bankers were becoming increasingly disgruntled with their own creation, the National Banking System... while the banking system was partially centralized under their leadership, it was not centralized enough.

We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.

Our banking system grew byaccident; and wherever something happens byaccident, it becomes a religion.

The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.

If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed.

When I moved from consumer banking to international banking, I thought I brought a lot of insights from India we could implement globally.

I was in banking because it was high-paying, intense, a real meritocracy, and the afterwork part was fun, but I found everything to do with banking so boring.

Our wise men flattered us into the adoption of the banking system under the idea that boundless wealth would result from the adoption.

The Cyprus Financial Crisis was a devastating blow to Cypriots and halted their banking system. Banks closed for two weeks to prevent a banking panic. When they reopened, capital controls were placed on the people's money, and customers were met by armed guards at the branches.

There's a loss of faith in the banking system that for so long has been the backbone of prosperity and growth.

Managing and moving your money should be a right, not a privilege. This isn't about banking the unbanked. It's about re-imagining what consumer retail banking can be.

We don't have a good legal justification for breaking up the banking system. But if I could wave a magic wand, I'd break up the banking system.

The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. Everybody seems to think it is a free and clear open checkbook. It's not. The banking system in China is extremely fragile.

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.

Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with Austria's banking system. There's all sorts of interplays there. So it's not the PIIGS one should worry about. Germany hasn't even begun falling yet. And when Germany falls, and it will, that's when the panic begins to set in.

A banking system is an act of faith: it survives only for as long as people believe it will.

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.

American money was never more sound, or banking more free, than 200 years ago. Since then, it's been a long steady decline from the gold standard and competitive banking to our Fed-run system of inflated paper currency, deposit insurance, and perpetually shaky banks on the dole.

My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.

By means of the banking system the distribution of capital as a special business, a social function, is taken out of the hands of the private capitalists and usurers. But at the same time, banking and credit become the most effective means of driving captialist production beyond its own limits and one of the most effective vehicles of crises and swindle.

Only put money in the banking system that you can afford to lose!

Daniel Tarullo has more power of the U.S. banking system than anybody since Alexander Hamilton. That's not an exaggeration, by the way.

People are losing faith in the banking system due to security issues.

We don't have a good legal justification for breaking up the banking system.

You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolvent.

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

To me, the most terrifying form of warfare would be if there was some simultaneous cyber attack on our grid, on the banking system, and on our transportation system. That would be quite a devastating thing, and yet in theory, absent some real protective measures, that could happen.

In September 2008, the overleveraged and undermanaged U.S. banking system suffered a terrifying collapse. And that, in turn, nearly took the whole country down.

The ultimate arbiters of the models of banking and the management of banking are the investors. It's the shareholders.

When I graduated from UCLA, I actually started interviewing for banking jobs. But at some point I realized a career in banking felt more like a continuation of school than a passion.

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

In Africa it's difficult to carry the money, it's difficult to have a banking system with tellers, with distribution of cash. So they are using their mobile phones.

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.

It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.

The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. [...] Everybody seems to think it is a free and clear open checkbook. It's not. [...] The banking system in China is extremely fragile.

If I could wave a magic wand, I'd break up the banking system.

If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.

Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system.

Innovation has stalled in the banking industry. While the rest of the world is in the digital age, banking remains stagnant. We are here to change this and bring banking to the 21st century. We will ensure our customers feel involved in the progress of this bank and are offering them a truly enjoyable banking experience – different from anything they have experienced before.

In the end, the politics of the euro zone weren't strong enough to create a fully integrated fiscal union with a common banking system, etc.

The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether. Time will tell whether or not this will succeed. Meanwhile, a serious danger lurks around the corner. Once the recession is over, the lending will start again. With fractional-reserve banking and limitless supplies of cash on hand, we will likely see the overall price trends reversed, from deflation to inflation to possible hyperinflation.

You can't grow unless your banking system is expanding and you are extending credit.

The modern banking system manufactures money out of nothing.

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.

In the U.S. more than any other place, the banking system is insane. Millions of Americans lost their houses. Because of what? Because of the banking system. This American banking system is also coming to Europe. We can say today that the banks and high financiers run the world.

I'm not against banking. Banking allowed our modern society to happen, it is essential. It connects the work through finance, so banking is good.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

It's important that the American people understand that President has proposed and passed this stimulus plan not as the end-all and be-all to our economic woes but as our bridge over troubled water until we get the finance system, the banking system working again.

So perhaps the most worrying single remark made by a responsible banking official during the current crisis came from Jochen Sanio, the head of Germany's banking regulator BaFin. He warned on Aug. 1 that his country could be facing the worst banking crisis since 1931 - a reference to the collapse of Austria's Kredit Anstalt, which provoked a wave of bank failures across Europe.