Famous Quotes & Sayings

Regulators can't regulate the banking sector by themselves. They need the market.

Regulators can't regulate the banking sector by themselves, ... They need the market.

Subodh Kumar

People looking toward putting money into the banking stocks have taken it out of the resources as opposed to taking it out of things like BCE and Nortel,

Some people are thinking that is a little bit too small to get the banking system back on its feet.

Overage in the quarter (was) mostly due to very strong investment banking results, particularly trading, and good expense control,

RIM has consistently acknowledged that Supreme Court review is granted in only a small percentage of cases and we were not banking on Supreme Court review.

Retail banking remains a concern, as does unsecured lending. However, with bid speculation helping the valuation, this should provide support for the share price.

Retail banking is a distribution game. The models for best practices in distribution are companies like Wal-Mart and the niche retailers.

It is a relief for them to know that using today's technology, we are taking measures to insure that our banking customers will not take a loss on a fraudulent check.

I think there was a lot of pressure on banking stocks because of what will happen with the Fed. My sense is that there is a little more optimism and there's more of a chance we could get some mid-term intervention from the Fed.

Bill Vaughan

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

The American public knows that the banking sector has had record profits for the last four years. It's an opportunity to be generous.

I think that the smaller banks are probably going to have more difficulties in the upcoming six-to-12 months simply because they have relied on loan growth to drive EPS growth to meet consensus expectations. And loan growth is not where you want to be. Bread-and-butter banking is not that great of a business. And you're also the ends in terms of margin pressure. The Fed has raised rates 175 basis points, which usually translates into a much more difficult margin environment. And I think that that is going to hurt the bank below the top 15 in market cap for the near term. I would say the larger-cap banks, once they get over the capital markets issues they're experiencing over the second quarter, should see a little bit more strength.

It is incredibly important, in conjunction with making ID theft a crime in Colorado, that we give our prosecutors the resources they need to prosecute these cases. I think the fact that the banking community has stepped up to the plate to help provide these resources is fabulous.

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'd like to think that this is a bottoming out and people are starting to see the value that a lot of these banking stocks offer. I'd like to think there's some bottoming out and strength, but in general the market is nervous.

Richard Byrd

I am delighted to join an institution that is so passionate about helping its clients, ... City National is clearly the place to be for superior private banking and wealth management services.

Ben Bernanke

Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of the system, there was a significant risk that A.I.G.'s failure could have sparked a global banking panic.

Free banking has provided the greatest growth over the last two years.

I think it's foreign investors who are aggressively buying banking stocks now ... in order to factor in Japan's economic recovery they are buying the most liquid Japanese stocks -- banks.

China has speeded up the overhaul of its banking sector to improve corporate governance and debt quality. Efforts include pouring funds into bigger, healthier players and encouraging them to go public overseas.

I think it's clear that the banks that are more tied to the retail sector are going to have a much tougher quarter compared to those with diversified positions. The banks in the retail sector have to deal with interest rate compression, loan volume will be tougher, and they don't have the trading or investment banking that are hot now.

David Thwaites

I thought we would have been lower -- maybe the U.S. will follow Europe higher. I don't think there's a fundamental reason for it, other than what's going on in the banking sector.

I think that Greenspan does have a very good intuitive sense of the economy, and the hardest thing with central banking is dealing with turning points,

I think the basic fundamental underpinnings are very sound. The banking system's sound, there's no near-term crisis to be had. It doesn't mean the stock market's not overextended - which I believe it is and is due for some sort of setback. But I don't think it's 1987 all over again.

G. H. Hardy

Land banking is a centuries-old practice. In any market where folks smell escalation, they are going to land bank.

Vance Law

Going by the game stats we give up another big inning. Walks and timely hitting by them pretty well spelled doom for us. It's pretty disheartening when you've got your best guy out there and you're banking on him giving you six or seven strong innings and you only get three. We just feel like he was forced out of the game early with walks. I won't say with control, I'll say with walks.

We look for the economy to turn around, M&A to pick up, investment banking to pick up, and Goldman is very cheap now. We've got a $120 target price on it.

He was a banker's banker. He saw banking not just as a business and a profession but as a way to give back.

If they're going to go toe to toe with Citigroup, they're going need to have more powerhouse entry in the investment banking area, ... This is not the end of Chase's acquisitions in the investment banking field.

If the debt upgrade happens, it will likely benefit banking issues the most.

We're proud of our heritage in West Virginia, and we're proud to move to a brand that has a long-standing place in our country's banking history. Through expanded products and services, our combined company will make banking even more convenient and efficient for Chase customers in our region.

Charles Kettering

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