Jeroen Dijsselbloem Quotes

Raising minimum capital requirements [for banks] is expensive. But it is safe.

It's extremely important for our banks to have more capital, higher quality capital.

Indeed, better risk management may be the only truly necessary element of success in banking.

Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy.

You cannot have the financial system crippled because of lack of decision making and lack of quality people.

The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets.

If I had challenges in my company, I would not hesitate to sell assets to remain afloat, to get to the better times, because it doesn't make any sense for me to keep any assets and then suffocate the whole organization.

Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.

You could argue the banks are much better capitalised than they were going into the crisis, and everyone's in a much more vigilant state because they still remember the crisis.

Dodd-Frank and independent actions of banks go a long way in terms of progress on capital, liquidity, transparency, "living wills" (plans for winding down a bank in the event of a collapse) and resolutions.

In a difficult and uncertain environment, Renault remains on track to meet its 2012 objective.

I was able to solve enough big problems along the way that the sheriff didn't come along and put the 'bankruptcy' sign up.

Strong organizations with strong risk controls will survive and prosper.

So is civil society prepared for the future? Probably not. Most organisations have to live hand to mouth, juggling short-term funding and perpetual minor crises. Even the bigger ones rarely get much time to stand back and look at the bigger picture. Many are on a treadmill chasing after contracts and new funding.

The main thing during a crisis is discipline, to begin investing in time again after the crisis subsides.

Ty Tryon made a lot of money after turning pro, but he might not have been ready. I don't want to make a lot of money for a couple of months and then not be ready.

it is easier … to stave off adversity than to preserve prosperity.

Banking should be boring..

Our system must remain solvent as we attempt a solution to this great problem of security. Else we have lost the battle from within that we are trying to win from without.

I am not going to opt for a short-term view for a 206-year-old institution like the SBI.

We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.

From the very beginning, our goal has been to establish a normal company in the Western sense.

When I left the Treasury, there was a poll that showed - and I don't remember the numbers exactly right - something like 90% of the people were against TARP. It prevented a disaster, but you don't get credit for a disaster that people don't see.

Most of the clubs I have had, they have been in a precarious situation when I have taken over and I have had to change it, even going back to Scarborough and all that.

This is always one of my big pet peeves is that 65% of NBA players, three years out of the NBA, are broke. I mean, so, maybe maturing a little more on the front end and getting an education might serve you well down the road.