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Quotes of the month


“We are a bank. We are a regulated entity. We don’t have much latitude in what we do”

-John Cryan, co-CEO of Deutsche Bank, knows his options are limited as he tries to halt the bank’s decline 




“We can’t say to our clients that we are exiting parts of the business. You can’t offer a guest coffee or tea, but say there is no water. If you are serving your clients, you have to deliver the full suite of products they need.”

-Jean-Laurent Bonnafé, CEO of BNP Paribas, doesn’t but in to the view that investment banks can pick and choose the markets they are in




“The important thing is to be useful”

-Isidro Fainé, chairman of CaixBank, gives his peers a masterclass in simple summation of what his bank is for 




“There are progressive thinkers in this industry, but it’s usually difficult to come across them. The number of questions is growing faster than the number of answers”

-Finnish bank OP’s chief strategy officer Tom Dählstrom is looking for like minded people to rip up the traditional concepts of banking




“It has been managed very well for many years. That basically makes it the biggest challenge”

-What would other recently installed bank chief executives give to have the problems facing Santander Mexico’s new boss, Hector Grisi? 

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