--- title: "Meaning & Key Takeaway of: The financial industry is a service…" description: "\"The financial industry is a service industry. It should serve others before it serves itself.\" — Christine Lagarde" image: "https://sms4smile.com/quotes/i/83c/christine-lagarde-9387_financial_the-financial-industry-is-a-service-indu_2066015.png" --- # The financial industry is a service industry. It should… ![“The financial industry is a service industry. It should serve others before it serves itself.” quote by Christine Lagarde](https://sms4smile.com/quotes/i/83c/christine-lagarde-9387_financial_the-financial-industry-is-a-service-indu_2066015.png) [Download](https://sms4smile.com/quotes/i/83c/christine-lagarde-9387_financial_the-financial-industry-is-a-service-indu_2066015.png) [Open image](https://sms4smile.com/quotes/i/83c/christine-lagarde-9387_financial_the-financial-industry-is-a-service-indu_2066015.png) > “The financial industry is a service industry. It should serve others before it serves itself.” [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. She asserts that finance should prioritize serving people over profit. **In simple terms:** Finance must serve people first. Key Takeaway Align financial services with societal benefit. Themes economics ethics service orientation Mood analytical concerned Type policy inspirational When to use this quote - banking reforms - investment strategies - policy design Key Concepts financial stewardship social responsibility public good Questions to Reflect On - How can financial firms balance profit and public service? - What incentives encourage ethical finance? A Different Perspective Profit motives can conflict with service goals. ★ ★ ★ ★ ★ No ratings yet [Industry](https://sms4smile.com/quotes/about/industry/) [Money](https://sms4smile.com/quotes/about/money/) [Service industry](https://sms4smile.com/quotes/about/service-industry/) ## Related quotes > [If our financial industry regarded security the way the health-care sector does, I would stuff my cash in a mattress under my bed.](https://sms4smile.com/quotes/avi-rubin/if-our-financial-industry-regarded-security-the-way-the-health-care/) [Avi Rubin](https://sms4smile.com/quotes/author/avi-rubin/) > [Pretty much every industry we serve feel like they are way over-regulated.](https://sms4smile.com/quotes/julie-sweet/pretty-much-every-industry-we-serve-feel-like-they-are-way-over/) [Julie Sweet](https://sms4smile.com/quotes/author/julie-sweet/) > [I work in lockstep, hand in glove, with the prime minister on these issues, and as we are supportive to the Eurozone so they…](https://sms4smile.com/quotes/nick-clegg/i-work-in-lockstep-hand-in-glove-with-the-prime-minister-on-these/) [Nick Clegg](https://sms4smile.com/quotes/author/nick-clegg/) > [I would ask: Given the nature of free-market capitalism - where the rule is to rise to the top at all costs - is…](https://sms4smile.com/quotes/martin-scorsese/i-would-ask-given-the-nature-of-free-market-capitalism-where-the-rule/) [Martin Scorsese](https://sms4smile.com/quotes/author/martin-scorsese/) > [There are a lot of jobs in the financial industry that do need a math major.](https://sms4smile.com/quotes/adena-friedman/there-are-a-lot-of-jobs-in-the-financial-industry-that-do-need-a-math/) [Adena Friedman](https://sms4smile.com/quotes/author/adena-friedman/) > [One of the things that's great about New York is that it is not a one-industry town. It has education, academia, the service industry,…](https://sms4smile.com/quotes/sarah-jessica-parker/one-of-the-things-that-s-great-about-new-york-is-that-it-is-not-a-one/) [Sarah Jessica Parker](https://sms4smile.com/quotes/author/sarah-jessica-parker/) > [I really believe waiting tables, and service industry jobs in general, make you a better person.](https://sms4smile.com/quotes/judy-greer/i-really-believe-waiting-tables-and-service-industry-jobs-in-general/) [Judy Greer](https://sms4smile.com/quotes/author/judy-greer/) > [The financial industry may not be synonymous with economics, but it does control a large enough sector of the global economy to sink us…](https://sms4smile.com/quotes/lionel-shriver/the-financial-industry-may-not-be-synonymous-with-economics-but-it/) [Lionel Shriver](https://sms4smile.com/quotes/author/lionel-shriver/) > [I worked in finance for 14 years, and I loved it. But after the financial industry, I thought a lot about, 'Do I love…](https://sms4smile.com/quotes/stephanie-ruhle/i-worked-in-finance-for-14-years-and-i-loved-it-but-after-the/) [Stephanie Ruhle](https://sms4smile.com/quotes/author/stephanie-ruhle/) > [There is one thing Anthony Weiner and I agree on: there are a lot of smart, hard-working people in the financial industry.](https://sms4smile.com/quotes/elizabeth-warren/there-is-one-thing-anthony-weiner-and-i-agree-on-there-are-a-lot-of/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [What's good for the financial industry probably isn't good for you.](https://sms4smile.com/quotes/bethany-mclean/what-s-good-for-the-financial-industry-probably-isn-t-good-for-you/) [Bethany McLean](https://sms4smile.com/quotes/author/bethany-mclean/) > [The problem of dealing with the financial industry is being addressed today. You can measure it with interest rates coming down. You can measure…](https://sms4smile.com/quotes/michael-bloomberg/the-problem-of-dealing-with-the-financial-industry-is-being-addressed/) [Michael Bloomberg](https://sms4smile.com/quotes/author/michael-bloomberg/) > [I have no problem with the financial industry inviting the Trojan Horse of blockchain technology into their walled garden. Because I know how powerful…](https://sms4smile.com/quotes/erik-voorhees/i-have-no-problem-with-the-financial-industry-inviting-the-trojan/) [Erik Voorhees](https://sms4smile.com/quotes/author/erik-voorhees/) > [You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of investment decisions,…](https://sms4smile.com/quotes/adena-friedman/you-need-to-have-a-lot-of-human-judgment-involved-in-the-financial/) [Adena Friedman](https://sms4smile.com/quotes/author/adena-friedman/) > [I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake,…](https://sms4smile.com/quotes/richard-posner/i-was-an-advocate-of-the-deregulation-movement-and-i-made-along-with/) [Richard Posner](https://sms4smile.com/quotes/author/richard-posner/) ## More by Christine Lagarde > [When in one area of the world the standard of living and the size of the middle class increases, it is going to have…](https://sms4smile.com/quotes/christine-lagarde/when-in-one-area-of-the-world-the-standard-of-living-and-the-size-of/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [The Egyptian society needs to include its women if it wants to have economic prosperity.](https://sms4smile.com/quotes/christine-lagarde/the-egyptian-society-needs-to-include-its-women-if-it-wants-to-have/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [Diversity in and of itself is a strong positive.](https://sms4smile.com/quotes/christine-lagarde/diversity-in-and-of-itself-is-a-strong-positive/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [People can buy the kind of things they consider as normal and take for granted because of globalization and trade and use of supply…](https://sms4smile.com/quotes/christine-lagarde/people-can-buy-the-kind-of-things-they-consider-as-normal-and-take/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [Unless we take action on climate change, future generations will be roasted, toasted, fried and grilled.](https://sms4smile.com/quotes/christine-lagarde/unless-we-take-action-on-climate-change-future-generations-will-be/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [In the area of trading, it is now an academically demonstrated fact that women tend to be a little bit more risk-adverse. They don't…](https://sms4smile.com/quotes/christine-lagarde/in-the-area-of-trading-it-is-now-an-academically-demonstrated-fact/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these…](https://sms4smile.com/quotes/christine-lagarde/as-far-as-athens-is-concerned-i-also-think-about-all-those-people-who/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [The Europeans governments have massively changed the landscape in Europe. There is no doubt about it. They have put together the European Financial Stability…](https://sms4smile.com/quotes/christine-lagarde/the-europeans-governments-have-massively-changed-the-landscape-in/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [Our fortunes rise together, and they fall together. 'All men are brothers,' said the Analects. We have a collective responsibility-to bring about a more…](https://sms4smile.com/quotes/christine-lagarde/our-fortunes-rise-together-and-they-fall-together-all-men-are/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [When I started my life as a baby lawyer, I was interviewing with all the best firms then at the time, and one of…](https://sms4smile.com/quotes/christine-lagarde/when-i-started-my-life-as-a-baby-lawyer-i-was-interviewing-with-all/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [We need to put our good research, our good work, our principles into actionable items whenever we can.](https://sms4smile.com/quotes/christine-lagarde/we-need-to-put-our-good-research-our-good-work-our-principles-into/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [When you think of a safe and solid arbitration place, you think of Switzerland, Sweden, Canada. Those attributes may be associated with clichés, but…](https://sms4smile.com/quotes/christine-lagarde/when-you-think-of-a-safe-and-solid-arbitration-place-you-think-of/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [It's a question of not so much pushing the boys out of the picture, but making the whole frame bigger so that both men…](https://sms4smile.com/quotes/christine-lagarde/it-s-a-question-of-not-so-much-pushing-the-boys-out-of-the-picture/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [I'm proud that somebody like myself has made it to the very top.](https://sms4smile.com/quotes/christine-lagarde/i-m-proud-that-somebody-like-myself-has-made-it-to-the-very-top/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [There are goods that are outside trade and in the public domain and that should be reserved and protected.](https://sms4smile.com/quotes/christine-lagarde/there-are-goods-that-are-outside-trade-and-in-the-public-domain-and/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) [Explore all 73 Christine Lagarde quotes ](https://sms4smile.com/quotes/author/christine-lagarde/) ## More Financial quotes > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. 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Everything connects to that.](https://sms4smile.com/quotes/noah-kerner/we-re-looking-out-for-the-financial-best-interests-of-the-up-and/) [Noah Kerner](https://sms4smile.com/quotes/author/noah-kerner/) > [Across the globe, regardless of nationality or financial status, there is a common dream every mother has for her children - for them to…](https://sms4smile.com/quotes/sylvia-mathews-burwell/across-the-globe-regardless-of-nationality-or-financial-status-there/) [Sylvia Mathews Burwell](https://sms4smile.com/quotes/author/sylvia-mathews-burwell/) > [Remember that Abraham Lincoln was a Whig far longer than he was a Republican. As a whole, the Whigs looked upon banks and corporations…](https://sms4smile.com/quotes/allen-c-guelzo/remember-that-abraham-lincoln-was-a-whig-far-longer-than-he-was-a/) [Allen C. Guelzo](https://sms4smile.com/quotes/author/allen-c-guelzo/) > [The families in positions of great financial power obsessively interbreed with each other. But I'm not talking about one Earth race, Jewish or non-Jewish.…](https://sms4smile.com/quotes/david-icke/the-families-in-positions-of-great-financial-power-obsessively/) [David Icke](https://sms4smile.com/quotes/author/david-icke/) > [From the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an…](https://sms4smile.com/quotes/john-l-casti/from-the-1990s-onward-the-financial-sector-created-a-vast-array-of/) [John L. Casti](https://sms4smile.com/quotes/author/john-l-casti/) > [Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty…](https://sms4smile.com/quotes/anna-lindh/firstly-economic-globalisation-has-brought-prosperity-and-development/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [First, climate change is the greatest long-term threat faced by humanity. It could cause more human and financial suffering than the two world wars…](https://sms4smile.com/quotes/david-miliband/first-climate-change-is-the-greatest-long-term-threat-faced-by/) [David Miliband](https://sms4smile.com/quotes/author/david-miliband/) > [At LearnVest, we're working to make financial planning both accessible and affordable so that everyone has the opportunity to get on track financially.](https://sms4smile.com/quotes/alexa-von-tobel/at-learnvest-we-re-working-to-make-financial-planning-both-accessible/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [A faithfully kept program of savings and conservative investments can give you more money and a better life than that of your neighbors who…](https://sms4smile.com/quotes/jane-bryant-quinn/a-faithfully-kept-program-of-savings-and-conservative-investments-can/) [Jane Bryant Quinn](https://sms4smile.com/quotes/author/jane-bryant-quinn/) > [Every morning when I pick up the newspaper and read about an earthquake in Japan or problems in European financial institutions, the first question…](https://sms4smile.com/quotes/mary-schapiro/every-morning-when-i-pick-up-the-newspaper-and-read-about-an/) [Mary Schapiro](https://sms4smile.com/quotes/author/mary-schapiro/) > [Successful investment is a battle for financial survival.](https://sms4smile.com/quotes/gerald-m-loeb/successful-investment-is-a-battle-for-financial-survival/) [Gerald M. Loeb](https://sms4smile.com/quotes/author/gerald-m-loeb/) > [Just as Wall Street needs to break the hold of the bonus culture, which drives risk-taking that is rational for individuals but damaging to…](https://sms4smile.com/quotes/randy-schekman/just-as-wall-street-needs-to-break-the-hold-of-the-bonus-culture/) [Randy Schekman](https://sms4smile.com/quotes/author/randy-schekman/) > [You will learn more about Donald Trump by going down to the federal elections, where I filed a 104-page essentially financial statement of sorts,…](https://sms4smile.com/quotes/donald-trump/you-will-learn-more-about-donald-trump-by-going-down-to-the-federal/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) Browse all 2,604 Financial quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The financial industry is a service industry. 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