Activities Quote by Ben Bernanke

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…

— Kenneth C. Griffin

“notably the 1999 repeal of the US Glass–Steagall Act – allowed commercial banks to become investment banks as well. In addition to investing their…

— Robert Skidelsky

As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for…

— Jamie Dimon

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…

— William J. Clinton

“Merrill Lynch, on the other hand, was a white-shoe firm with a proud history of elitism. Its investment bank was blue-blooded in temperament and…

— Kevin Roose

When commercial banking opened up for the private sector, I set up the retail-banking division for ICICI and grew it substantially. I then ran…

— Chanda Kochhar

I rang my friend Jim Wolfensohn, who was then running a private commercial bank in New York. I said, "Come up to Vancouver", and…

— Bob Hawke

“The banks are less solvent than we are being told – probably by a very wide margin. The commercial banks are limited to a 10:1”

— Kelly Mitchell

If the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They'll probably be…

— Jamie Dimon

Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as…

— Murray Rothbard

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

— Jamie Dimon

Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.

— John Gutfreund