Wilbur Ross Quotes
We think, over the long term, the real key to value of a bank is does it have true deposits from true long-term customers? People who actually know the bank, live in the neighborhood, work there, maybe have a mortgage there, credit card... That, to us, is the key to a bank.
Citations
Ross, Wilbur. Interview. Bloomberg Markets, Bloomberg L.P., 19 May 2011.
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Wilbur Louis Ross Jr. is an American businessman who served as the 39th United States Secretary of Commerce from 2017 to 2021. A member of the Republican Party, Ross was previously chairman and chief executive officer (CEO) of WL Ross & Co from 2000 to 2017.