Bank Operations Quotes

Banks can’t put their money in the bank. They have to lend it out.

JPMorgan was already, for the most part. Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.

They usually have two tellers in my local bank, except when it's very busy, when they have one.

Many businesses in an investment bank, not only at UBS, are structurally a loss leader, so they don't pay for the cost of capital.

Our commercial bank [JPMorgan] is only in the U.S. We are serving what you call SMEs - small businesses, private companies.

When I started the business, only banks operated at airports, only banks issued travellers' cheques, only banks issued international payments, only banks serviced their own branch networks.

The Central Bank is constantly purchasing, purchasing and selling and vice versa - this is their job.

I think one of the main challenges that the World Bank faces is creating an organizational structure that doesn't get in the way of its staff. We have fantastic staff. People told me as I was coming into the organization that the greatest asset of the World Bank Group is its staff, and I think there's no question that that's the case.

The capping of cash transactions will help the banks reduce cash intensity.