Famous Quotes & Sayings

Bill Gates

The world needs banking but it does not need banks.

Bill Gates

Banking is necessary - banks are not.

Carlos Rogers

We were in an all-out blitz, ... and we were banking on them not having time to throw it. We've got to tighten out coverage up, because at times we can't rely on the blitz getting there .

We are always banking on our gadget plays.

Worldwide, we grew our commercial banking business strongly on the back of recent investment.

We're seeing more and more that Japan wants to implement banking reform. That's the key. That's very positive.

Hugh Johnson

We need to watch the Japanese parliament and see if they do anything about their banking crisis.

Unlike Milan, Italy's banking capital, or Rome, its religious center, Florence was the place where the rich went to buy goods that would showcase how wealthy they were.

We have already made big progress in banking reforms.

With the financials, that entire space has been tarnished by a confidence crisis. Also, on a more fundamental level rather than a psychological level, there's no investment banking business going on right now. The concerns remain about the banks' exposure to bankrupt telecoms WorldCom and Global Crossing,

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

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.

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.

Well, I was counting on both of those (JV) kids. We have good varsity and JV kids at both of those weights, so I was really banking on that to happen.

Most banking systems in the Asia-Pacific region have improved their credit profiles, thanks to stable economic conditions and continuing structural improvements. This is in spite of rising oil prices and interest rates threatening the broader economic recovery.

Merchant banking remains an exceptional business for the handful of Wall Street firms that have remained in it. Unfortunately, the disclosure of merchant banking portfolio positions is weak, and forecasting these gains is at best challenging.

Wholesale banking did better than expected in the second half.

Elizabeth Warren

Who is Antonio Weiss? He's the head of global investment banking for the financial giant Lazard.

We need to promote competition, which will benefit the Chinese banking sector over the long haul.

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

Martin Taylor

We made a strategic decision to redefine our investment banking business in the autumn, because continuing to invest in parts of the business no longer made commercial sense for us.

When it comes to making laws that protect the public from the financial services industry, Congress has done a progressively worse job since the Pecora Commission hearings of the early 1930s, which led to Congress taking bold steps to regulate banking and securities firms in 1933 and 1934.

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

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.

We are very pleased with our first quarter results. The company's strong performance demonstrates the benefits of our continued diversification and enhanced operational focus. This past quarter we had particularly strong results in Retail Banking and Card Services.

We are very pleased to have obtained our ticker symbol so early after formation of the Bank. Having a market maker allows our staff to focus completely on banking and our clients' needs without the distraction of handling stock transactions.

We are very pleased to have Mr. Colbert join us as president and CEO. J.D. Colbert brings a strong record of success in the executive positions that he has held in banking and Indian country. We believe that he is a great fit for our organization and we look forward to exciting accomplishments under his leadership.

The Japanese economy for the first time in 15 years is getting up off the mat. They've gotten their banking system back in shape. Europe will probably muddle along, but China's growth will still be quite strong.

The markets are reacting very positively to the news out of Japan. They're literally starting at the funding level to the banking industry before they start raising interest rates. This seems to be taking some pressure off the cyclical sectors around the world.

The market is really banking on the fact that all the factors that pushed it up last year are going to do so this year. The only thing that will stop it are higher interest rates and earnings disappointments -- at the moment it does not look like you are going to get any major earnings disappointments.

Henry Paulson

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