511 Quotes About Banks

We did very extensive market research, and it pointed to a fundamental dilemma we faced in distribution. The banks were not enthusiastic. They either would not order it, or would wait until there was public demand. Well you can't prove the demand if you can't get it to the commercial sector.

There's very strong encouragement for Chinese banks to welcome in a foreign investor taking a stake and bringing in know-how. We'll see that trend continuing throughout this year.

I think the difference in the discussions that have taken place in the last month ... is that the push now is more towards what is in the long term interests of Formula One. That is where probably the acquisition from the banks of the equity by CVC has been most positively felt because they want stability, they want growth and now we participate in that growth so everybody has a very common interest.

Central banks are raising interest rates, and that's risky for stocks. Expectations for earnings growth are too high.

Civilization is a stream with banks. The stream is sometimes filled with from people , stealing, shouting and doing the things historians usually record, while on the banks, unnoticed, people build homes, make love, raise children, sing songs, write poetry and even whittle statues. The story of civilization is the story of what happened on the banks. Historians are pessimists because they ignore the banks for the river.

Banks have various sources of earnings. If a bank is large enough to have international operations, it has evolved enough diversification to counteract those losses.

Small businesses are very important customers for banks today because there are more of them than ever before and each and every bank is fighting to get them.

Small banks come out with an edge on pricing, but what is not measured is the convenience factor.

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.