511 Quotes About Banks

It is very hard for land-based banks to start an online-only bank.

I was approached about a month ago. It was unexpected and unsolicited. I've seen how investment banks work from the other side of the fence but I've a lot to learn about how they work on the inside.

The market seems to be discarding bonds, which means that the banks will stand to lose out, at least on a relative basis. Anything with a decent yield tends to be targeted.

You are going to see a flood of deals from insurance companies and banks that started proprietary fund families and have been unable to successfully distribute them through their captive sales organizations.

The primary driver behind the miss looks to be net interest margin compression, which we have seen from other banks that have reported this quarter. But it seems more pronounced with Sovereign.

There's obviously been a variety of issues swirling around the banks and the big broker dealers, and this is yet one more straw.

All of us had worked for big banks before. We weren't real enthused about that prospect, ... Once the transaction was closed, I think we all looked at each other and saw it in everybody's eyes and said, 'Hmmm, this is not where we want to be.'

We've got to make greedy banks pass on interest rate cuts in full, and we've got to see rents coming down.

Banks will not only have increased losses, but reduced revenue as well. For some customers, the banks will have to reduce interest payments in order to keep them from defaulting. There's a bit of uncertainty because it's hard to predict human behavior.