Financial Consolidation Quotes

Recapitalization has helped in many parts of the world.

You can't merge six banks and think that nothing will happen.

Big money seeks out the company of its own, for purposes of reproduction.

Rolling all of your debts into a single loan is a good idea - in theory. In fact, it can be a great idea.

There is nothing wrong with centralizing the budget in Manila. We are such a small country.

When you do consolidation, you get rid of flying and you get rid of routes.

The whole financial industry is consolidating in the United States.

Economic globalization creates wealth, but only for the elite who benefit from the surge of consolidations, mergers, global scale technology, and financial activity.

At Travelers, we were much more opportunistic. It was very successful, but it wasn't an integrated financial services company. We had a property casualty company, a life company, a brokerage company. We were a financial conglomerate. It wasn't a unified, coordinated strategy of any sort. When it merged with Citi, that became a big issue; Citi, at that time, wasn't yet a fully integrated, coordinated company.