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Financial Services Quotes

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Financial Services Quotes

“A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.”

“Mobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies”

“To help other people, you've got to be able to help yourself. You go to a psychiatrist, and they're on this Prozac, Effexor, and antidepressants, you may have picked the wrong person. If you go to somebody who's broke who's selling you financial services, that might not be a good thing. You go to somebody who's fat to help you lose weight... And a lot of people ironically do these types of things.”

“Nothing highlights better the continuing gap between rhetoric and substance in British financial services than the failure of providers here to emulate Jack Bogle's index fund success in the United States. Every professional in the City knows that index funds should be core building blocks in any long-term investor's portfolio. Since 1976, the Vanguard index funds has produced a compound annual return of 12 percent, better than three-quarters of its peer group.”

“Technologies, including cell phones, have the potential to help millions of poor people out of poverty by enabling access to a range of safe, affordable financial services - most importantly, savings accounts - that have long been out of reach.”

“The financial services industry has seemed to treat the crisis like a little rainfall - inconvenient, but no significant changes needed. The real question moving forward is how the industry will respond to Wall Street reform and growing public anger.”

“I work in lockstep, hand in glove, with the prime minister on these issues, and as we are supportive to the Eurozone so they can sort their problems out, in return they introduce safeguards to ensure precisely what I said: that the single market is not fragmented and that important industries like the financial services industry are treated fairly. Not exceptional treatment, but are just simply treated fairly, on a level playing field within Europe.”

“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.”

“Maxine Waters is a Democrat from California in her 13th term. She is a former chair of the Congressional Black Caucus and the ranking Democrat on the House Financial Services Committee. She is among the six-dozen Democratic lawmakers who boycotted Donald's Trump inauguration. She did participate in the women's march.”

“Obama seemed poised to realign American politics after his stunning 2008 victory. But the economy remains worse than even the administration's worst-case scenarios, and the long legislative battles over health care reform, financial services reform and the national debt and deficit have taken their toll. Obama no longer looks invincible.”