--- title: "18 Investment Banks Quotes by 17 authors" description: "Browse 18 Investment Banks quotes by 17 authors. Discover the best Investment Banks sayings and thoughts." image: "https://sms4smile.com/quotes/i/5bd/emily-chang-26215_early_managing-directors-at-top-tier-investmen_2107113.jpg" --- > [Managing directors at top-tier investment banks may pocket a million a year and be worth tens of millions after a long career.…](https://sms4smile.com/quotes/emily-chang/managing-directors-at-top-tier-investment-banks-may-pocket-a-million/) [Emily Chang](https://sms4smile.com/quotes/author/emily-chang/) [Image](https://sms4smile.com/quotes/i/5bd/emily-chang-26215_early_managing-directors-at-top-tier-investmen_2107113.jpg) > [Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.](https://sms4smile.com/quotes/ben-bernanke/investment-banks-manage-to-go-bankrupt-through-their-investment/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) [Image](https://sms4smile.com/quotes/i/eec/ben-bernanke-1388_activities_investment-banks-manage-to-go-bankrupt-t_1016523.png) > [Investment banks started recruiting at Harvard back in the day, and they'd fly me down to New York City and I was…](https://sms4smile.com/quotes/dean-norris/investment-banks-started-recruiting-at-harvard-back-in-the-day-and/) [Dean Norris](https://sms4smile.com/quotes/author/dean-norris/) [Image](https://sms4smile.com/quotes/i/311/dean-norris-21951_advantage_investment-banks-started-recruiting-at-h_3177581.jpg) > [My old firm, Goldman Sachs - traditionally, the best banks are leveraged 8:1. When we had the financial crisis in 2008, the…](https://sms4smile.com/quotes/steve-bannon/my-old-firm-goldman-sachs-traditionally-the-best-banks-are-leveraged/) [Steve Bannon](https://sms4smile.com/quotes/author/steve-bannon/) [Image](https://sms4smile.com/quotes/i/a70/steve-bannon-4050_best_my-old-firm-goldman-sachs-traditionally_1337479.jpg) > [I want to go further, because it was investment banks, it was insurance companies, it was mortgage companies, all of which contributed.So…](https://sms4smile.com/quotes/hillary-clinton/i-want-to-go-further-because-it-was-investment-banks-it-was-insurance/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) [Image](https://sms4smile.com/quotes/i/285/hillary-clinton-51_company_i-want-to-go-further-because-it-was-inve_630641.jpg) > [Should we think about separating the investment banks from the commercial banks, a new Glass-Steagall? I would be really excited to see…](https://sms4smile.com/quotes/kenneth-c-griffin/should-we-think-about-separating-the-investment-banks-from-the/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) [Image](https://sms4smile.com/quotes/i/549/kenneth-c-griffin-9524_excited_should-we-think-about-separating-the-inv_401545.jpg) > [The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by…](https://sms4smile.com/quotes/james-surowiecki/the-financial-crisis-of-2008-was-not-caused-by-investment-banks/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) [Image](https://sms4smile.com/quotes/i/ea6/james-surowiecki-2196_betting_the-financial-crisis-of-2008-was-not-cau_150034.png) > [If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks…](https://sms4smile.com/quotes/ron-chernow/if-you-go-back-to-the-time-of-j-p-morgan-the-world-of-high-finance/) [Ron Chernow](https://sms4smile.com/quotes/author/ron-chernow/) [Image](https://sms4smile.com/quotes/i/22b/ron-chernow-1189_corporations_if-you-go-back-to-the-time-of-j-p-morgan_337225.png) > [On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to…](https://sms4smile.com/quotes/william-j-clinton/on-the-glass-steagall-thing-like-i-said-if-you-could-demonstrate-to/) [William J. Clinton](https://sms4smile.com/quotes/author/william-j-clinton/) [Image](https://sms4smile.com/quotes/i/c8e/william-j-clinton-302_ability_on-the-glass-steagall-thing-like-i-said_2996009.jpg) > [I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's…](https://sms4smile.com/quotes/robert-f-engle/i-think-that-s-something-that-investment-banks-have-worried-about-for/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) [Image](https://sms4smile.com/quotes/i/a0d/robert-f-engle-23929_appropriate_i-think-that-s-something-that-investment_3081812.jpg) > [Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets…](https://sms4smile.com/quotes/steve-mnuchin/separating-out-banks-and-investment-banks-right-now-under-glass/) [Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/) [Image](https://sms4smile.com/quotes/i/c81/steve-mnuchin-9731_being_separating-out-banks-and-investment-bank_2615294.jpg) > [“U.S. Bancorp & Capital Trust is a licensed Investment Bank and Statutory Trust specialized in assisting entrepreneurs and businesses across the world…](https://sms4smile.com/quotes/us-bancorp-capital-trust/u-s-bancorp-capital-trust-is-a-licensed-investment-bank-and-statutory/) [US Bancorp & Capital Trust](https://sms4smile.com/quotes/author/us-bancorp-capital-trust/) [Image](https://sms4smile.com/quotes/i/73c/us-bancorp-capital-trust-28493_customer_u-s-bancorp-capital-trust-is-a-licensed_281473.jpg) > [The investment banks should either choose to be regulated as banks or should arrange to conduct their affairs to not require the…](https://sms4smile.com/quotes/kenneth-c-griffin/the-investment-banks-should-either-choose-to-be-regulated-as-banks-or/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) [Image](https://sms4smile.com/quotes/i/d26/kenneth-c-griffin-9524_affair_the-investment-banks-should-either-choos_3090789.jpg) > [What we prefer to do is operate our investment bank in a way that is like what investment banks used to be,…](https://sms4smile.com/quotes/warren-stephens/what-we-prefer-to-do-is-operate-our-investment-bank-in-a-way-that-is/) [Warren Stephens](https://sms4smile.com/quotes/author/warren-stephens/) [Image](https://sms4smile.com/quotes/i/b8c/warren-stephens-44300_bank_what-we-prefer-to-do-is-operate-our-inve_12848.jpg) > [“Gambling has been fed by knowledge that, if disaster struck, someone else—borrowers, investors, taxpayers—would end up bearing at least some of the…](https://sms4smile.com/quotes/danielle-dimartino-booth/gambling-has-been-fed-by-knowledge-that-if-disaster-struck-someone/) [Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/) [Image](https://sms4smile.com/quotes/i/df6/danielle-dimartino-booth-24430_fitness_gambling-has-been-fed-by-knowledge-that_327999.jpg) > [“notably the 1999 repeal of the US Glass–Steagall Act – allowed commercial banks to become investment banks as well. In addition to…](https://sms4smile.com/quotes/robert-skidelsky/notably-the-1999-repeal-of-the-us-glass-steagall-act-allowed/) [Robert Skidelsky](https://sms4smile.com/quotes/author/robert-skidelsky/) [Image](https://sms4smile.com/quotes/i/65e/robert-skidelsky-50275_investing_notably-the-1999-repeal-of-the-us-glass_594229.jpg) > [The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and…](https://sms4smile.com/quotes/alex-berenson/the-biggest-profit-center-for-investment-banks-is-the-hefty-fees-they/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) [Image](https://sms4smile.com/quotes/i/9b8/alex-berenson-2775_about_the-biggest-profit-center-for-investment_2165905.png) > ['The Big Short' is, among other things, a blistering, detailed indictment of the way Wall Street does business, and its particular villains…](https://sms4smile.com/quotes/john-lanchester/the-big-short-is-among-other-things-a-blistering-detailed-indictment/) [John Lanchester](https://sms4smile.com/quotes/author/john-lanchester/) [Image](https://sms4smile.com/quotes/i/4f4/john-lanchester-2601_business_the-big-short-is-among-other-things-a-bl_2648585.png) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/investment-banks/#itemlist", "name": "Investment Banks Quotes", "numberOfItems": 18, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Managing directors at top-tier investment banks may pocket a million a year and be worth tens of millions after a long career. Early employees at tech firms like Uber, Airbnb, and Snapchat can make many times that amount of money in a matter of years.", "creator": { "@type": "Person", "name": "Emily Chang" }, "url": "https://sms4smile.com/quotes/emily-chang/managing-directors-at-top-tier-investment-banks-may-pocket-a-million/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5bd/emily-chang-26215_early_managing-directors-at-top-tier-investmen_2107113.jpg", "contentUrl": "https://sms4smile.com/quotes/i/5bd/emily-chang-26215_early_managing-directors-at-top-tier-investmen_2107113.jpg", "url": "https://sms4smile.com/quotes/i/5bd/emily-chang-26215_early_managing-directors-at-top-tier-investmen_2107113.jpg", "width": 1080, "height": 1080, "caption": "“Managing directors at top-tier investment banks may pocket a million a year and be worth tens of millions…” — Emily Chang", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.", "creator": { "@type": "Person", "name": "Ben Bernanke" }, "url": "https://sms4smile.com/quotes/ben-bernanke/investment-banks-manage-to-go-bankrupt-through-their-investment/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/eec/ben-bernanke-1388_activities_investment-banks-manage-to-go-bankrupt-t_1016523.png", "contentUrl": "https://sms4smile.com/quotes/i/eec/ben-bernanke-1388_activities_investment-banks-manage-to-go-bankrupt-t_1016523.png", "url": "https://sms4smile.com/quotes/i/eec/ben-bernanke-1388_activities_investment-banks-manage-to-go-bankrupt-t_1016523.png", "width": 1080, "height": 1080, "caption": "“Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage…” — Ben Bernanke", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "Investment banks started recruiting at Harvard back in the day, and they'd fly me down to New York City and I was so poor so I would take advantage of the free flight, the per diem, the hotel. And then I would go audition for stuff.", "creator": { "@type": "Person", "name": "Dean Norris" }, "url": "https://sms4smile.com/quotes/dean-norris/investment-banks-started-recruiting-at-harvard-back-in-the-day-and/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/311/dean-norris-21951_advantage_investment-banks-started-recruiting-at-h_3177581.jpg", "contentUrl": "https://sms4smile.com/quotes/i/311/dean-norris-21951_advantage_investment-banks-started-recruiting-at-h_3177581.jpg", "url": "https://sms4smile.com/quotes/i/311/dean-norris-21951_advantage_investment-banks-started-recruiting-at-h_3177581.jpg", "width": 1080, "height": 1080, "caption": "“Investment banks started recruiting at Harvard back in the day, and they'd fly me down to New York City and…” — Dean Norris", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "My old firm, Goldman Sachs - traditionally, the best banks are leveraged 8:1. When we had the financial crisis in 2008, the investment banks were leveraged 35:1. Those rules had specifically been changed by a guy named Hank Paulson. He was secretary of Treasury.", "creator": { "@type": "Person", "name": "Steve Bannon" }, "url": "https://sms4smile.com/quotes/steve-bannon/my-old-firm-goldman-sachs-traditionally-the-best-banks-are-leveraged/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a70/steve-bannon-4050_best_my-old-firm-goldman-sachs-traditionally_1337479.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a70/steve-bannon-4050_best_my-old-firm-goldman-sachs-traditionally_1337479.jpg", "url": "https://sms4smile.com/quotes/i/a70/steve-bannon-4050_best_my-old-firm-goldman-sachs-traditionally_1337479.jpg", "width": 1080, "height": 1080, "caption": "“My old firm, Goldman Sachs - traditionally, the best banks are leveraged 8:1. 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My plan takes us further and it would do the job.", "creator": { "@type": "Person", "name": "Hillary Clinton" }, "url": "https://sms4smile.com/quotes/hillary-clinton/i-want-to-go-further-because-it-was-investment-banks-it-was-insurance/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/285/hillary-clinton-51_company_i-want-to-go-further-because-it-was-inve_630641.jpg", "contentUrl": "https://sms4smile.com/quotes/i/285/hillary-clinton-51_company_i-want-to-go-further-because-it-was-inve_630641.jpg", "url": "https://sms4smile.com/quotes/i/285/hillary-clinton-51_company_i-want-to-go-further-because-it-was-inve_630641.jpg", "width": 1080, "height": 1080, "caption": "“I want to go further, because it was investment banks, it was insurance companies, it was mortgage…” — Hillary Clinton", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "Should we think about separating the investment banks from the commercial banks, a new Glass-Steagall? I would be really excited to see that. I think it would be great for the economy.", "creator": { "@type": "Person", "name": "Kenneth C. Griffin" }, "url": "https://sms4smile.com/quotes/kenneth-c-griffin/should-we-think-about-separating-the-investment-banks-from-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/549/kenneth-c-griffin-9524_excited_should-we-think-about-separating-the-inv_401545.jpg", "contentUrl": "https://sms4smile.com/quotes/i/549/kenneth-c-griffin-9524_excited_should-we-think-about-separating-the-inv_401545.jpg", "url": "https://sms4smile.com/quotes/i/549/kenneth-c-griffin-9524_excited_should-we-think-about-separating-the-inv_401545.jpg", "width": 1080, "height": 1080, "caption": "“Should we think about separating the investment banks from the commercial banks, a new Glass-Steagall? I…” — Kenneth C. Griffin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.", "creator": { "@type": "Person", "name": "James Surowiecki" }, "url": "https://sms4smile.com/quotes/james-surowiecki/the-financial-crisis-of-2008-was-not-caused-by-investment-banks/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ea6/james-surowiecki-2196_betting_the-financial-crisis-of-2008-was-not-cau_150034.png", "contentUrl": "https://sms4smile.com/quotes/i/ea6/james-surowiecki-2196_betting_the-financial-crisis-of-2008-was-not-cau_150034.png", "url": "https://sms4smile.com/quotes/i/ea6/james-surowiecki-2196_betting_the-financial-crisis-of-2008-was-not-cau_150034.png", "width": 1080, "height": 1080, "caption": "“The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007…” — James Surowiecki", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.", "creator": { "@type": "Person", "name": "Ron Chernow" }, "url": "https://sms4smile.com/quotes/ron-chernow/if-you-go-back-to-the-time-of-j-p-morgan-the-world-of-high-finance/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/22b/ron-chernow-1189_corporations_if-you-go-back-to-the-time-of-j-p-morgan_337225.png", "contentUrl": "https://sms4smile.com/quotes/i/22b/ron-chernow-1189_corporations_if-you-go-back-to-the-time-of-j-p-morgan_337225.png", "url": "https://sms4smile.com/quotes/i/22b/ron-chernow-1189_corporations_if-you-go-back-to-the-time-of-j-p-morgan_337225.png", "width": 1080, "height": 1080, "caption": "“If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The…” — Ron Chernow", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence. But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [banks] to go into the investment banking business as continental European investment banks could always do, that it might give us a more stable source of long-term investment.", "creator": { "@type": "Person", "name": "William J. Clinton" }, "url": "https://sms4smile.com/quotes/william-j-clinton/on-the-glass-steagall-thing-like-i-said-if-you-could-demonstrate-to/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c8e/william-j-clinton-302_ability_on-the-glass-steagall-thing-like-i-said_2996009.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c8e/william-j-clinton-302_ability_on-the-glass-steagall-thing-like-i-said_2996009.jpg", "url": "https://sms4smile.com/quotes/i/c8e/william-j-clinton-302_ability_on-the-glass-steagall-thing-like-i-said_2996009.jpg", "width": 1080, "height": 1080, "caption": "“On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad…” — William J. Clinton", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's not an easy solution when you have lots of people betting the company's money, how do you really allocate those risks? How do you make sure that the people that take the risks are feeling the risks in an appropriate kind of fashion?", "creator": { "@type": "Person", "name": "Robert F. Engle" }, "url": "https://sms4smile.com/quotes/robert-f-engle/i-think-that-s-something-that-investment-banks-have-worried-about-for/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a0d/robert-f-engle-23929_appropriate_i-think-that-s-something-that-investment_3081812.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a0d/robert-f-engle-23929_appropriate_i-think-that-s-something-that-investment_3081812.jpg", "url": "https://sms4smile.com/quotes/i/a0d/robert-f-engle-23929_appropriate_i-think-that-s-something-that-investment_3081812.jpg", "width": 1080, "height": 1080, "caption": "“I think that's something that investment banks have worried about for a long time and are continuing to…” — Robert F. Engle", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.", "creator": { "@type": "Person", "name": "Steve Mnuchin" }, "url": "https://sms4smile.com/quotes/steve-mnuchin/separating-out-banks-and-investment-banks-right-now-under-glass/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c81/steve-mnuchin-9731_being_separating-out-banks-and-investment-bank_2615294.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c81/steve-mnuchin-9731_being_separating-out-banks-and-investment-bank_2615294.jpg", "url": "https://sms4smile.com/quotes/i/c81/steve-mnuchin-9731_being_separating-out-banks-and-investment-bank_2615294.jpg", "width": 1080, "height": 1080, "caption": "“Separating out banks and investment banks right now under Glass-Steagall would have very big implications to…” — Steve Mnuchin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "“U.S. Bancorp & Capital Trust is a licensed Investment Bank and Statutory Trust specialized in assisting entrepreneurs and businesses across the world with equity investments, management consulting, financial advisory services and establishment of investment banks and capital protected private equity funds.”", "creator": { "@type": "Person", "name": "US Bancorp & Capital Trust" }, "url": "https://sms4smile.com/quotes/us-bancorp-capital-trust/u-s-bancorp-capital-trust-is-a-licensed-investment-bank-and-statutory/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/73c/us-bancorp-capital-trust-28493_customer_u-s-bancorp-capital-trust-is-a-licensed_281473.jpg", "contentUrl": "https://sms4smile.com/quotes/i/73c/us-bancorp-capital-trust-28493_customer_u-s-bancorp-capital-trust-is-a-licensed_281473.jpg", "url": "https://sms4smile.com/quotes/i/73c/us-bancorp-capital-trust-28493_customer_u-s-bancorp-capital-trust-is-a-licensed_281473.jpg", "width": 1080, "height": 1080, "caption": "“U.S. Bancorp & Capital Trust is a licensed Investment Bank and Statutory Trust specialized in assisting…” — US Bancorp & Capital Trust", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 13, "item": { "@type": "Quotation", "text": "The investment banks should either choose to be regulated as banks or should arrange to conduct their affairs to not require the stop-gap support of the Federal Reserve.", "creator": { "@type": "Person", "name": "Kenneth C. Griffin" }, "url": "https://sms4smile.com/quotes/kenneth-c-griffin/the-investment-banks-should-either-choose-to-be-regulated-as-banks-or/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/d26/kenneth-c-griffin-9524_affair_the-investment-banks-should-either-choos_3090789.jpg", "contentUrl": "https://sms4smile.com/quotes/i/d26/kenneth-c-griffin-9524_affair_the-investment-banks-should-either-choos_3090789.jpg", "url": "https://sms4smile.com/quotes/i/d26/kenneth-c-griffin-9524_affair_the-investment-banks-should-either-choos_3090789.jpg", "width": 1080, "height": 1080, "caption": "“The investment banks should either choose to be regulated as banks or should arrange to conduct their…” — Kenneth C. Griffin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 14, "item": { "@type": "Quotation", "text": "What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is a middle man - someone who is here to match people who need capital with people who have capital - and not position ourselves at the center of that by taking big positions on a trading stance.", "creator": { "@type": "Person", "name": "Warren Stephens" }, "url": "https://sms4smile.com/quotes/warren-stephens/what-we-prefer-to-do-is-operate-our-investment-bank-in-a-way-that-is/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b8c/warren-stephens-44300_bank_what-we-prefer-to-do-is-operate-our-inve_12848.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b8c/warren-stephens-44300_bank_what-we-prefer-to-do-is-operate-our-inve_12848.jpg", "url": "https://sms4smile.com/quotes/i/b8c/warren-stephens-44300_bank_what-we-prefer-to-do-is-operate-our-inve_12848.jpg", "width": 1080, "height": 1080, "caption": "“What we prefer to do is operate our investment bank in a way that is like what investment banks used to be…” — Warren Stephens", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 15, "item": { "@type": "Quotation", "text": "“Gambling has been fed by knowledge that, if disaster struck, someone else—borrowers, investors, taxpayers—would end up bearing at least some of the losses,” wrote the Economist. At every stop on the securitization gravy train, investment banks generated big fees for themselves. 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In addition to investing their depositors’ money, they became highly leveraged speculators in the newly developed securities,”", "creator": { "@type": "Person", "name": "Robert Skidelsky" }, "url": "https://sms4smile.com/quotes/robert-skidelsky/notably-the-1999-repeal-of-the-us-glass-steagall-act-allowed/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/65e/robert-skidelsky-50275_investing_notably-the-1999-repeal-of-the-us-glass_594229.jpg", "contentUrl": "https://sms4smile.com/quotes/i/65e/robert-skidelsky-50275_investing_notably-the-1999-repeal-of-the-us-glass_594229.jpg", "url": "https://sms4smile.com/quotes/i/65e/robert-skidelsky-50275_investing_notably-the-1999-repeal-of-the-us-glass_594229.jpg", "width": 1080, "height": 1080, "caption": "“notably the 1999 repeal of the US Glass–Steagall Act – allowed commercial banks to become investment banks…” — Robert Skidelsky", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 17, "item": { "@type": "Quotation", "text": "The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees.", "creator": { "@type": "Person", "name": "Alex Berenson" }, "url": "https://sms4smile.com/quotes/alex-berenson/the-biggest-profit-center-for-investment-banks-is-the-hefty-fees-they/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/9b8/alex-berenson-2775_about_the-biggest-profit-center-for-investment_2165905.png", "contentUrl": "https://sms4smile.com/quotes/i/9b8/alex-berenson-2775_about_the-biggest-profit-center-for-investment_2165905.png", "url": "https://sms4smile.com/quotes/i/9b8/alex-berenson-2775_about_the-biggest-profit-center-for-investment_2165905.png", "width": 1080, "height": 1080, "caption": "“The biggest profit center for investment banks is the hefty fees they charge for underwriting stock…” — Alex Berenson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 18, "item": { "@type": "Quotation", "text": "'The Big Short' is, among other things, a blistering, detailed indictment of the way Wall Street does business, and its particular villains are the investment banks.", "creator": { "@type": "Person", "name": "John Lanchester" }, "url": "https://sms4smile.com/quotes/john-lanchester/the-big-short-is-among-other-things-a-blistering-detailed-indictment/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/4f4/john-lanchester-2601_business_the-big-short-is-among-other-things-a-bl_2648585.png", "contentUrl": "https://sms4smile.com/quotes/i/4f4/john-lanchester-2601_business_the-big-short-is-among-other-things-a-bl_2648585.png", "url": "https://sms4smile.com/quotes/i/4f4/john-lanchester-2601_business_the-big-short-is-among-other-things-a-bl_2648585.png", "width": 1080, "height": 1080, "caption": "“'The Big Short' is, among other things, a blistering, detailed indictment of the way Wall Street does…” — John Lanchester", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/investment-banks/#webpage", "url": "https://sms4smile.com/quotes/about/investment-banks/", "name": "Investment Banks Quotes", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/investment-banks/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/5bd/emily-chang-26215_early_managing-directors-at-top-tier-investmen_2107113.jpg" }, "description": "Browse 18 Investment Banks quotes by 17 authors. 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