--- title: "Meaning & Key Takeaway of: From our perspective, just narrowly from…" description: "\"From our perspective, just narrowly from the financial sector and from our institution, there's nothing good about Brexit.\" — James P. Gorman" image: "https://sms4smile.com/quotes/i/d4d/james-p-gorman-14001_brexit_from-our-perspective-just-narrowly-from_1980307.png" --- # From our perspective, just narrowly from the financial… ![“From our perspective, just narrowly from the financial sector and from our institution, there's nothing good about Brexit.” quote by James P. Gorman](https://sms4smile.com/quotes/i/d4d/james-p-gorman-14001_brexit_from-our-perspective-just-narrowly-from_1980307.png) [Download](https://sms4smile.com/quotes/i/d4d/james-p-gorman-14001_brexit_from-our-perspective-just-narrowly-from_1980307.png) [Open image](https://sms4smile.com/quotes/i/d4d/james-p-gorman-14001_brexit_from-our-perspective-just-narrowly-from_1980307.png) > “From our perspective, just narrowly from the financial sector and from our institution, there's nothing good about Brexit.” [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Gorman expresses a strongly negative view of Brexit, suggesting that from a financial and institutional standpoint it offers no benefits. **In simple terms:** Brexit is seen as harmful for finance and institutions. Key Takeaway Consider the financial risks of political change. Themes economics politics risk institutional strategic Mood cautious analytical Type opinion strategic When to use this quote - corporate planning - investment strategy - policy analysis Key Concepts market instability regulatory divergence trade barriers Questions to Reflect On - What economic indicators would change if Brexit succeeded? - How might institutions adapt to new regulatory environments? A Different Perspective Brexit may have non‑financial advantages for some groups. ★ ★ ★ ★ ★ No ratings yet [Brexit](https://sms4smile.com/quotes/about/brexit/) [Europe](https://sms4smile.com/quotes/about/europe/) [Money](https://sms4smile.com/quotes/about/money/) [Nothing](https://sms4smile.com/quotes/about/nothing/) [Perspective](https://sms4smile.com/quotes/about/perspective/) ## Related quotes > [Britain needs a good Brexit deal to safeguard jobs, security and trade and to build a new partnership with the E.U. Achieving this will…](https://sms4smile.com/quotes/keir-starmer/britain-needs-a-good-brexit-deal-to-safeguard-jobs-security-and-trade/) [Keir Starmer](https://sms4smile.com/quotes/author/keir-starmer/) > [Man is not made for society, but society is made for man. No institution can be good which does not tend to improve the…](https://sms4smile.com/quotes/margaret-fuller/man-is-not-made-for-society-but-society-is-made-for-man-no/) [Margaret Fuller](https://sms4smile.com/quotes/author/margaret-fuller/) > [The institutions of Churchianity are not Christianity. An institution is a good thing if it is second; immediately an institution recognizes itself it becomes…](https://sms4smile.com/quotes/oswald-chambers/the-institutions-of-churchianity-are-not-christianity-an-institution/) [Oswald Chambers](https://sms4smile.com/quotes/author/oswald-chambers/) > [One of the lessons that I hope people will take out is the extreme dependence simply on the financial sector is really dangerous.](https://sms4smile.com/quotes/juan-enriquez/one-of-the-lessons-that-i-hope-people-will-take-out-is-the-extreme/) [Juan Enriquez](https://sms4smile.com/quotes/author/juan-enriquez/) > [The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.](https://sms4smile.com/quotes/wolfgang-schauble/the-united-states-lived-on-borrowed-money-for-too-long-inflating-its/) [Wolfgang Schauble](https://sms4smile.com/quotes/author/wolfgang-schauble/) > [Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society.](https://sms4smile.com/quotes/joseph-stiglitz/regulatory-reform-must-move-beyond-limiting-the-damage-that-the/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) > [People need the financial sector to be safe; people also need the financial sector to go through a massive phase of innovation. That means…](https://sms4smile.com/quotes/taavet-hinrikus/people-need-the-financial-sector-to-be-safe-people-also-need-the/) [Taavet Hinrikus](https://sms4smile.com/quotes/author/taavet-hinrikus/) > [I think there's no question but what the tail end of the Bush administration, Bush-Cheney administration, that we took steps specifically geared to try…](https://sms4smile.com/quotes/dick-cheney/i-think-there-s-no-question-but-what-the-tail-end-of-the-bush/) [Dick Cheney](https://sms4smile.com/quotes/author/dick-cheney/) > [When you've got a economy in which 40 percent of economic growth is happening in the financial sector, that turns out that was all…](https://sms4smile.com/quotes/barack-obama/when-you-ve-got-a-economy-in-which-40-percent-of-economic-growth-is/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I grew up in Monaco, and in that environment going into the financial sector was the obvious choice.](https://sms4smile.com/quotes/herve-falciani/i-grew-up-in-monaco-and-in-that-environment-going-into-the-financial/) [Herve Falciani](https://sms4smile.com/quotes/author/herve-falciani/) > [It is clear to me that the financial sector, including CNBC, loves central banks](https://sms4smile.com/quotes/marc-faber/it-is-clear-to-me-that-the-financial-sector-including-cnbc-loves/) [Marc Faber](https://sms4smile.com/quotes/author/marc-faber/) > [In a world with weak aggregate demand, countries are engaging in a futile competition for a greater share of it. In the process, they…](https://sms4smile.com/quotes/raghuram-rajan/in-a-world-with-weak-aggregate-demand-countries-are-engaging-in-a/) [Raghuram Rajan](https://sms4smile.com/quotes/author/raghuram-rajan/) > [It is no exaggeration to say that since the 1980s, much of the global financial sector has become criminalised, creating an industry culture that…](https://sms4smile.com/quotes/charles-ferguson/it-is-no-exaggeration-to-say-that-since-the-1980s-much-of-the-global/) [Charles Ferguson](https://sms4smile.com/quotes/author/charles-ferguson/) > [The financial sector is vital to the economy. A well-functioning financial sector promotes job creation, innovation, and inclusive economic growth.](https://sms4smile.com/quotes/janet-yellen/the-financial-sector-is-vital-to-the-economy-a-well-functioning/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [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/) ## More by James P. Gorman > [I think anybody who says they don't care about being liked is lying. I care if my dog waves its tail when I come…](https://sms4smile.com/quotes/james-p-gorman/i-think-anybody-who-says-they-don-t-care-about-being-liked-is-lying-i/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [Supply and demand eventually rebalance. We've seen this again and again and again.](https://sms4smile.com/quotes/james-p-gorman/supply-and-demand-eventually-rebalance-we-ve-seen-this-again-and/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [I'm one of 10 children, and all my brothers call me Jim. And all my sisters... well, they call me something even more affectionate.…](https://sms4smile.com/quotes/james-p-gorman/i-m-one-of-10-children-and-all-my-brothers-call-me-jim-and-all-my/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [If you consider the contribution of plumbing to human life, the other sciences fade into insignificance.](https://sms4smile.com/quotes/james-p-gorman/if-you-consider-the-contribution-of-plumbing-to-human-life-the-other/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization…](https://sms4smile.com/quotes/james-p-gorman/the-threshold-question-will-banks-continue-to-exist-the-answer-is-yes/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [To enable large U.S. banks to support their clients better, the Volcker rule should be clarified.](https://sms4smile.com/quotes/james-p-gorman/to-enable-large-u-s-banks-to-support-their-clients-better-the-volcker/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [If you underperform for your owners, eventually they pick up their bat and ball and go home.](https://sms4smile.com/quotes/james-p-gorman/if-you-underperform-for-your-owners-eventually-they-pick-up-their-bat/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [That is what made America great: that everyone had the opportunity to be a winner. And I think it's still there. I'm certainly a…](https://sms4smile.com/quotes/james-p-gorman/that-is-what-made-america-great-that-everyone-had-the-opportunity-to/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [Cats don't bark and act brave when they see something small in fur or feathers, they kill it. Dogs tend to bravado. They're braggarts.…](https://sms4smile.com/quotes/james-p-gorman/cats-don-t-bark-and-act-brave-when-they-see-something-small-in-fur-or/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [Every now and then, markets behave like schoolchildren. They overreact, they run around like crazy.](https://sms4smile.com/quotes/james-p-gorman/every-now-and-then-markets-behave-like-schoolchildren-they-overreact/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [I'm not that interested in just being around powerful people for the sake of it.](https://sms4smile.com/quotes/james-p-gorman/i-m-not-that-interested-in-just-being-around-powerful-people-for-the/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [Flyfishing, which has a vaguely mystical aura, is a lot like work. I'm a frenetic flyfisherman. I wade up and down streams, looking for…](https://sms4smile.com/quotes/james-p-gorman/flyfishing-which-has-a-vaguely-mystical-aura-is-a-lot-like-work-i-m-a/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [Banking's a sexy industry! Creative - it's dynamic, it's global, it's fast-moving, you bring a lot of talented people together!](https://sms4smile.com/quotes/james-p-gorman/banking-s-a-sexy-industry-creative-it-s-dynamic-it-s-global-it-s-fast/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [As much as the banking system may not be terribly popular, it is an essential part of the economy.](https://sms4smile.com/quotes/james-p-gorman/as-much-as-the-banking-system-may-not-be-terribly-popular-it-is-an/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) > [You will not see, in my career, the kind of returns this industry had in 2005 and 2006 for a very simple reason -…](https://sms4smile.com/quotes/james-p-gorman/you-will-not-see-in-my-career-the-kind-of-returns-this-industry-had/) [James P. Gorman](https://sms4smile.com/quotes/author/james-p-gorman/) [Explore all 48 James P. Gorman quotes ](https://sms4smile.com/quotes/author/james-p-gorman/) ## More Brexit quotes > [No-deal Brexit could be Boris Johnson's biggest deception yet - worse than the Boris bus or the lies that had him sacked as a…](https://sms4smile.com/quotes/ed-davey/no-deal-brexit-could-be-boris-johnson-s-biggest-deception-yet-worse/) [Ed Davey](https://sms4smile.com/quotes/author/ed-davey/) > [And after Brexit, we will be free to determine our economic future, with control over our money, laws and borders.](https://sms4smile.com/quotes/liz-truss/and-after-brexit-we-will-be-free-to-determine-our-economic-future/) [Liz Truss](https://sms4smile.com/quotes/author/liz-truss/) > [No one voted for a Brexit that will tie us to the E.U.'s customs rules and prevent us striking meaningful trade deals of our…](https://sms4smile.com/quotes/jo-johnson/no-one-voted-for-a-brexit-that-will-tie-us-to-the-e-u-s-customs-rules/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [The argument that won the Brexit campaign is the one that said take back control... which is another way of saying we want to…](https://sms4smile.com/quotes/frans-timmermans/the-argument-that-won-the-brexit-campaign-is-the-one-that-said-take/) [Frans Timmermans](https://sms4smile.com/quotes/author/frans-timmermans/) > [The audience for facts, evidence and research about microtargeting, Facebook and Brexit is tiny.](https://sms4smile.com/quotes/dominic-cummings/the-audience-for-facts-evidence-and-research-about-microtargeting/) [Dominic Cummings](https://sms4smile.com/quotes/author/dominic-cummings/) > [I am a passionate, pragmatic, and positive believer in Brexit, and with my three-step plan, we can decisively leave the E.U.](https://sms4smile.com/quotes/andrea-leadsom/i-am-a-passionate-pragmatic-and-positive-believer-in-brexit-and-with/) [Andrea Leadsom](https://sms4smile.com/quotes/author/andrea-leadsom/) > [The important thing with Facebook is to remember that it played a role in facilitating Brexit because it inadvertently allowed leave-supporting groups to use…](https://sms4smile.com/quotes/nish-kumar/the-important-thing-with-facebook-is-to-remember-that-it-played-a/) [Nish Kumar](https://sms4smile.com/quotes/author/nish-kumar/) > [Brexit has always been an impossible project, except at the price of massive self-harm.](https://sms4smile.com/quotes/andrew-adonis-baron-adonis/brexit-has-always-been-an-impossible-project-except-at-the-price-of/) [Andrew Adonis, Baron Adonis](https://sms4smile.com/quotes/author/andrew-adonis-baron-adonis/) > [Whatever happens with Brexit, what I am absolutely convinced will not happen is that free movement of individuals, free movement of people, will not…](https://sms4smile.com/quotes/leo-varadkar/whatever-happens-with-brexit-what-i-am-absolutely-convinced-will-not/) [Leo Varadkar](https://sms4smile.com/quotes/author/leo-varadkar/) > [I think one of the laughable things about poor old Brexit is that they're so cross - they're furious with everyone. But this isn't…](https://sms4smile.com/quotes/nicholas-soames/i-think-one-of-the-laughable-things-about-poor-old-brexit-is-that/) [Nicholas Soames](https://sms4smile.com/quotes/author/nicholas-soames/) > [Brexit has really broken a taboo. The Brits have shown us that you can leave the European Union, and you can come out better.](https://sms4smile.com/quotes/marine-le-pen/brexit-has-really-broken-a-taboo-the-brits-have-shown-us-that-you-can/) [Marine Le Pen](https://sms4smile.com/quotes/author/marine-le-pen/) > [People are rightly concerned about what Brexit will mean for the country, for their jobs and for their families.](https://sms4smile.com/quotes/kemi-badenoch/people-are-rightly-concerned-about-what-brexit-will-mean-for-the/) [Kemi Badenoch](https://sms4smile.com/quotes/author/kemi-badenoch/) > [Brexit is not, thankfully, a question of war. But, like Iraq, Brexit is an act of unprovoked self-harm and a massive strategic mistake that…](https://sms4smile.com/quotes/andrew-adonis-baron-adonis/brexit-is-not-thankfully-a-question-of-war-but-like-iraq-brexit-is-an/) [Andrew Adonis, Baron Adonis](https://sms4smile.com/quotes/author/andrew-adonis-baron-adonis/) > [I'll keep fighting for the best, most successful Brexit.](https://sms4smile.com/quotes/dominic-raab/i-ll-keep-fighting-for-the-best-most-successful-brexit/) [Dominic Raab](https://sms4smile.com/quotes/author/dominic-raab/) > [The skills necessary to change nappies or negotiate Brexit are obviously very different, but both involve a great deal of trust in the competence…](https://sms4smile.com/quotes/gavin-esler/the-skills-necessary-to-change-nappies-or-negotiate-brexit-are/) [Gavin Esler](https://sms4smile.com/quotes/author/gavin-esler/) [Browse all 412 Brexit quotes ](https://sms4smile.com/quotes/about/brexit/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "From our perspective, just narrowly from the financial sector and from our institution, there's nothing good about Brexit.", "creator": { "@type": "Person", "name": "James P. 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