Banking Quotes

[wpsm_quote author=”Adam Smith” float=”none” width=”100%”]It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country.[/wpsm_quote]
[wpsm_quote author=”Charlie Munger” float=”none” width=”100%”]There’s more honor in investment management than in investment banking.[/wpsm_quote]
[wpsm_quote author=”E. Joseph Cossman” float=”none” width=”100%”]Drive-in banks were established so most of the cars today could see their real owners.[/wpsm_quote]
[wpsm_quote author=”Felix Rohatyn” float=”none” width=”100%”]At its core, banking is not simply about profit, but about personal relationships.[/wpsm_quote]
[wpsm_quote author=”Felix Rohatyn” float=”none” width=”100%”]Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients. And it is a service that must not simply be about making bigger and bigger deals that reap rewards for only a small group of executives.[/wpsm_quote]
[wpsm_quote author=”Hartley Withers” float=”none” width=”100%”]Good banking is produced not by good laws, but by good bankers.[/wpsm_quote]
[wpsm_quote author=”James Buchan” float=”none” width=”100%”]Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they’re fine fellows and don’t need to explain themselves.[/wpsm_quote]
[wpsm_quote author=”James Grant” float=”none” width=”100%”]The art of banking is always to balance the risk of a run with the reward of a profit. The tantalizing factor in the equation is that riskier borrowers pay higher interest rates. Ultimate safety a strongbox full of currency would avail the banker nothing. Maximum risk a portfolio of loans to prospective bankrupts at usurious interest rates would invite disaster. A good banker safely and profitably treads the middle ground.[/wpsm_quote]
[wpsm_quote author=”James Holt McGavran” float=”none” width=”100%”]There’s a way of transferring funds that is even faster than electronic banking. It’s called marriage.[/wpsm_quote]
[wpsm_quote author=”John Kenneth Galbraith” float=”none” width=”100%”]Banking may well be a career from which no man really recovers.[/wpsm_quote]
[wpsm_quote author=”John Kenneth Galbraith” float=”none” width=”100%”]In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less.[/wpsm_quote]
[wpsm_quote author=”John Williams” float=”none” width=”100%”]Investment banking fees are geared towards success.[/wpsm_quote]
[wpsm_quote author=”Josiah Stamp” float=”none” width=”100%”]The modern banking system manufactures money out of nothing.[/wpsm_quote]
[wpsm_quote author=”Mark Skousen” float=”none” width=”100%”]Banking technology has made it simple and efficient to invest in good causes.[/wpsm_quote]
[wpsm_quote author=”Mark Winne” float=”none” width=”100%”]Food banking as well as other antihunger programs do a good job of managing poverty by alleviating its worst symptom, hunger.[/wpsm_quote]
[wpsm_quote author=”Martin Mayer” float=”none” width=”100%”]This is the twilight of the banks. It would be a more cheerful spectacle if we could envision the dawn of the institutions that will replace them.[/wpsm_quote]
[wpsm_quote author=”Michael Lewis” float=”none” width=”100%”]A banking system is an act of faith: it survives only for as long as people believe it will.[/wpsm_quote]
[wpsm_quote author=”Nassim Nicholas Taleb” float=”none” width=”100%”]Banking is a very treacherous business because you don’t realize it is risky until it is too late. It is like calm waters that deliver huge storms.[/wpsm_quote]
[wpsm_quote author=”Robert Frost” float=”none” width=”100%”]A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.[/wpsm_quote]
[wpsm_quote author=”Thomas Jefferson” float=”none” width=”100%”]Banking establishments are more dangerous than standing armies.[/wpsm_quote]
[wpsm_quote author=”Walter Wriston” float=”none” width=”100%”]Banking is a branch of the information business.[/wpsm_quote]
[wpsm_quote author=”William Jennings Bryan” float=”none” width=”100%”]The large banking interests were deeply interested in the World War because of the wide opportunities for large profits.[/wpsm_quote]