--- title: "Meaning & Key Takeaway of: Banking is a branch of the information…" description: "\"Banking is a branch of the information business.\" — Walter Wriston" image: "https://sms4smile.com/quotes/i/8b2/walter-wriston-19045_banking_banking-is-a-branch-of-the-information-b_284650.png" --- # Banking is a branch of the information business. ![“Banking is a branch of the information business.” quote by Walter Wriston](https://sms4smile.com/quotes/i/8b2/walter-wriston-19045_banking_banking-is-a-branch-of-the-information-b_284650.png) [Download](https://sms4smile.com/quotes/i/8b2/walter-wriston-19045_banking_banking-is-a-branch-of-the-information-b_284650.png) [Open image](https://sms4smile.com/quotes/i/8b2/walter-wriston-19045_banking_banking-is-a-branch-of-the-information-b_284650.png) > “Banking is a branch of the information business.” [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Banking is fundamentally about managing information. **In simple terms:** Banking = information management. Key Takeaway Focus on data handling. Themes banking information business Mood analytical forward‑looking Type informative professional When to use this quote - Bank operations - financial tech - risk management Key Concepts Data analytics technology adoption Questions to Reflect On - How does data improve banking? - What are the risks of data reliance? A Different Perspective Information overload can cause errors. ★ ★ ★ ★ ★ No ratings yet [Banking](https://sms4smile.com/quotes/about/banking/) [Banking Branch](https://sms4smile.com/quotes/about/banking-branch-2752892/) [Branch Information](https://sms4smile.com/quotes/about/branch-information-2752893/) [Branches](https://sms4smile.com/quotes/about/branches/) [Business](https://sms4smile.com/quotes/about/business/) [Information](https://sms4smile.com/quotes/about/information/) [Information Business](https://sms4smile.com/quotes/about/information-business-2752891/) ## Related quotes > [Information is a business in itself. It is also something that has made control impossible ... you cannot get customers to accept prices in…](https://sms4smile.com/quotes/walter-wriston/information-is-a-business-in-itself-it-is-also-something-that-has/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [Thanks for the information about what we call business.](https://sms4smile.com/quotes/dashiell-hammett/thanks-for-the-information-about-what-we-call-business/) [Dashiell Hammett](https://sms4smile.com/quotes/author/dashiell-hammett/) > [Someone once described the information business as exactly the opposite of sex. When it's good, it's still lousy.](https://sms4smile.com/quotes/michael-bloomberg/someone-once-described-the-information-business-as-exactly-the/) [Michael Bloomberg](https://sms4smile.com/quotes/author/michael-bloomberg/) > [With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans…](https://sms4smile.com/quotes/elizabeth-warren/with-post-offices-and-postal-workers-already-on-the-ground-usps-could/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form…](https://sms4smile.com/quotes/walter-wriston/rising-prices-or-wages-do-not-cause-inflation-they-only-report-it/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.](https://sms4smile.com/quotes/kenneth-fisher/if-you-ve-taken-econ-101-you-know-that-the-quantity-of-money-rises/) [Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/) > [I have nothing against investment banking, but it's like massaging money rather than creating money.](https://sms4smile.com/quotes/michio-kaku/i-have-nothing-against-investment-banking-but-it-s-like-massaging/) [Michio Kaku](https://sms4smile.com/quotes/author/michio-kaku/) > [I only know one thing: Everything I learned about the banking business, I learned in the banking towers of the Societe.](https://sms4smile.com/quotes/jerome-kerviel/i-only-know-one-thing-everything-i-learned-about-the-banking-business/) [Jerome Kerviel](https://sms4smile.com/quotes/author/jerome-kerviel/) > [My father was in real estate, banking, and land management. As family life, it was very conventional, happy, and comfortable. We weren't wealthy, but…](https://sms4smile.com/quotes/julia-child/my-father-was-in-real-estate-banking-and-land-management-as-family/) [Julia Child](https://sms4smile.com/quotes/author/julia-child/) > [“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises…](https://sms4smile.com/quotes/nassim-nicholas-taleb/suckers-think-that-you-cure-greed-with-money-addiction-with/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [When a government is dependent upon bankers for money, they and not the leaders of the government control the situation](https://sms4smile.com/quotes/napoleon-bonaparte/when-a-government-is-dependent-upon-bankers-for-money-they-and-not/) [Napoleon Bonaparte](https://sms4smile.com/quotes/author/napoleon-bonaparte/) > [It's not that I have any general aversion to technology but online banking just seems to be asking for trouble. You can have enough…](https://sms4smile.com/quotes/david-essex/it-s-not-that-i-have-any-general-aversion-to-technology-but-online/) [David Essex](https://sms4smile.com/quotes/author/david-essex/) > [I am alive. Up here with the song of the engine and the air whispering on my face as the sunlight and shadows play…](https://sms4smile.com/quotes/stephen-coonts/i-am-alive-up-here-with-the-song-of-the-engine-and-the-air-whispering/) [Stephen Coonts](https://sms4smile.com/quotes/author/stephen-coonts/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [If I could wave a magic wand, I'd break up the banking system.](https://sms4smile.com/quotes/kenneth-c-griffin/if-i-could-wave-a-magic-wand-i-d-break-up-the-banking-system/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) ## More by Walter Wriston > [Capital goes where it is welcome and stays where it is well treated.](https://sms4smile.com/quotes/walter-wriston/capital-goes-where-it-is-welcome-and-stays-where-it-is-well-treated/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form…](https://sms4smile.com/quotes/walter-wriston/rising-prices-or-wages-do-not-cause-inflation-they-only-report-it/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [It is a maxim of cryptology that what one man can devise, another can unravel. This principle keeps armies of tax lawyers and accountants…](https://sms4smile.com/quotes/walter-wriston/it-is-a-maxim-of-cryptology-that-what-one-man-can-devise-another-can/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [When you retire you go from Who's Who to Who's That?](https://sms4smile.com/quotes/walter-wriston/when-you-retire-you-go-from-who-s-who-to-who-s-that/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [The information revolution has changed people's perception of wealth. We originally said that land was wealth. Then we thought it was industrial production. Now…](https://sms4smile.com/quotes/walter-wriston/the-information-revolution-has-changed-people-s-perception-of-wealth/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [The person who figures out how to harness the collective genius of his or her organization is going to blow the competition away.](https://sms4smile.com/quotes/walter-wriston/the-person-who-figures-out-how-to-harness-the-collective-genius-of/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [There'll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global. On the other hand, the current…](https://sms4smile.com/quotes/walter-wriston/there-ll-be-a-growing-disparity-between-economics-and-politics-an/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [I walk into all these organizations, and I'm always puzzled when I realize that people still want to be there. Most people really want…](https://sms4smile.com/quotes/walter-wriston/i-walk-into-all-these-organizations-and-i-m-always-puzzled-when-i/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [Risk is not a dirty word.](https://sms4smile.com/quotes/walter-wriston/risk-is-not-a-dirty-word/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [Information about money is more important than money itself.](https://sms4smile.com/quotes/walter-wriston/information-about-money-is-more-important-than-money-itself/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [The greatest testimony to the human spirit that I'm witnessing now is the fact that people still come back to work, after all that…](https://sms4smile.com/quotes/walter-wriston/the-greatest-testimony-to-the-human-spirit-that-i-m-witnessing-now-is/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [A truly global economy, as opposed to the multinational economy of the recent past, will require concessions of national power ... that seemed impossible…](https://sms4smile.com/quotes/walter-wriston/a-truly-global-economy-as-opposed-to-the-multinational-economy-of-the/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [Judgment comes from experience - and experience comes from bad judgment.](https://sms4smile.com/quotes/walter-wriston/judgment-comes-from-experience-and-experience-comes-from-bad-judgment/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [One man saying that everything is wrong can command coast-to-coast attention in living color, a power not given to an absolute monarch a century…](https://sms4smile.com/quotes/walter-wriston/one-man-saying-that-everything-is-wrong-can-command-coast-to-coast/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) > [We're not in cultures which support learning; we're in cultures that give us the message consistently: "Don't mess up, don't make mistakes, don't make…](https://sms4smile.com/quotes/walter-wriston/we-re-not-in-cultures-which-support-learning-we-re-in-cultures-that/) [Walter Wriston](https://sms4smile.com/quotes/author/walter-wriston/) [Explore all 33 Walter Wriston quotes ](https://sms4smile.com/quotes/author/walter-wriston/) ## More Banking quotes > [If I could wave a magic wand, I'd break up the banking system.](https://sms4smile.com/quotes/kenneth-c-griffin/if-i-could-wave-a-magic-wand-i-d-break-up-the-banking-system/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [I am alive. Up here with the song of the engine and the air whispering on my face as the sunlight and shadows play…](https://sms4smile.com/quotes/stephen-coonts/i-am-alive-up-here-with-the-song-of-the-engine-and-the-air-whispering/) [Stephen Coonts](https://sms4smile.com/quotes/author/stephen-coonts/) > [It's not that I have any general aversion to technology but online banking just seems to be asking for trouble. You can have enough…](https://sms4smile.com/quotes/david-essex/it-s-not-that-i-have-any-general-aversion-to-technology-but-online/) [David Essex](https://sms4smile.com/quotes/author/david-essex/) > [When a government is dependent upon bankers for money, they and not the leaders of the government control the situation](https://sms4smile.com/quotes/napoleon-bonaparte/when-a-government-is-dependent-upon-bankers-for-money-they-and-not/) [Napoleon Bonaparte](https://sms4smile.com/quotes/author/napoleon-bonaparte/) > [“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises…](https://sms4smile.com/quotes/nassim-nicholas-taleb/suckers-think-that-you-cure-greed-with-money-addiction-with/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [My father was in real estate, banking, and land management. As family life, it was very conventional, happy, and comfortable. We weren't wealthy, but…](https://sms4smile.com/quotes/julia-child/my-father-was-in-real-estate-banking-and-land-management-as-family/) [Julia Child](https://sms4smile.com/quotes/author/julia-child/) > [I only know one thing: Everything I learned about the banking business, I learned in the banking towers of the Societe.](https://sms4smile.com/quotes/jerome-kerviel/i-only-know-one-thing-everything-i-learned-about-the-banking-business/) [Jerome Kerviel](https://sms4smile.com/quotes/author/jerome-kerviel/) > [I have nothing against investment banking, but it's like massaging money rather than creating money.](https://sms4smile.com/quotes/michio-kaku/i-have-nothing-against-investment-banking-but-it-s-like-massaging/) [Michio Kaku](https://sms4smile.com/quotes/author/michio-kaku/) > [If you've taken Econ 101, you know that the quantity of money rises only when the banking system makes a net loan.](https://sms4smile.com/quotes/kenneth-fisher/if-you-ve-taken-econ-101-you-know-that-the-quantity-of-money-rises/) [Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/) > [I want the best people, not just on the banking side but on innovation and technology.](https://sms4smile.com/quotes/ana-patricia-botin/i-want-the-best-people-not-just-on-the-banking-side-but-on-innovation/) [Ana Patricia Botin](https://sms4smile.com/quotes/author/ana-patricia-botin/) > [“Intellectually and compassionately explaining the reason freedom works is required for credibility.”](https://sms4smile.com/quotes/ron-paul/intellectually-and-compassionately-explaining-the-reason-freedom/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans…](https://sms4smile.com/quotes/elizabeth-warren/with-post-offices-and-postal-workers-already-on-the-ground-usps-could/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [A banking system is an act of faith: it survives only for as long as people believe it will.](https://sms4smile.com/quotes/michael-lewis/a-banking-system-is-an-act-of-faith-it-survives-only-for-as-long-as/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) [Browse all 571 Banking quotes ](https://sms4smile.com/quotes/about/banking/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Banking is a branch of the 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