Account Quote by Noam Chomsky

Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work,…

— Bob Diamond

When I was young, I thought banks were there to protect the assets of people who had justified concerns, because of their experiences under…

— Herve Falciani

“Without deposit banking modern economies would be impossible. Banks are not only a means of safeguarding money, but also a method of maintaining a…

— Thomas F. Madden

Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes,…

— Elizabeth Warren

There was a time in the United States when most of our financial institutions were local. Which essentially meant that local communities were able…

— David Korten

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking…

— Anonymous

Banks lend by creating credit. They create the means of payment out of nothing.

— Ralph George Hawtrey

Banks are an almost irresistible attraction for that element of our society which seeks unearned money.

— J. Edgar Hoover

We survived for hundreds of years under the old banking structure. You'd have clearing banks, then merchant banks doing the racy stuff, and then…

— Theo Paphitis

When you say "bank," a bank is a building, a set of computers and chairs and things. The bankers are the people running these…

— Michael Hudson

A bank is a place that promises you to keep your money safe and then lends it to somebody else in order to make…

— Vikrant Parsai

Banks provide payment systems, core deposit and lending facilities that enable us to manage our day to day affairs.

— Chuka Umunna