Steve Mnuchin Quotes

Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work, helping people to buy homes, for example, or lending to businesses to invest in expansion.

As much as the banking system may not be terribly popular, it is an essential part of the economy.

On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street.

You can't grow unless your banking system is expanding and you are extending credit.

I wouldn't in any way say I distanced myself from Wall Street.

I think that, in addition of the intersection of media and technology, there has also been an intersection between technology and finance, which is something I find a little closer to home, seeing as I spend so much time covering Wall Street banks.

Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers.

As for the financial world - I've been working in the Forbes building for eight years. You soak up a little bit of ambient stuff about all this - I know what a gold straddle is, what the Lombard rate is.

Who is Antonio Weiss? He's the head of global investment banking for the financial giant Lazard.

Other People’s Money and How the Bankers Use It

Ours is an economy that depends on the availability of credit at affordable interest rates.

The American banking system, which at one time extended productive loans to agriculture and industry, has today become a giant betting machine

Mexico has very solid financial institutions, with good levels of capitalism, but they’re not lending much.

We have solid financial institutions, but they lent very little. So with the financial reform, we wanted to push them to lend more and to encourage the development bank to create instruments for lending mainly for micro and medium-sized companies.

Some of the people in finance touch enormous parts of the economy.

The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization of capital from providers to users, and facilitation of payments for goods and services.

Lending rate is a function of both liquidity as well as credit demand.

London is a very important financial centre.

Business has to have capital.I think Wall Street is a necessary ingredient of the global economy, you've just got to keep people realizing that helping clients is the most important thing, not helping yourself.

All these financiers, all the little gnomes of Zürich and the other financial centres, about whom we keep on hearing.

If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals.

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

A financier is a pawnbroker with imagination.

I've never particularly liked bankers.