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Quotes of the month

“Our vision is that we are trying to serve 2 billion customers within the next 10 years... That gives you a sense of scope”

Ant Financial’s Jia Hang confirms suspicions that the scope of Jack Ma’s ambitions in finance are very great indeed

“When you can impartially offer banking products, life insurance, non-life insurance and asset management, then you really have a one-stop-shop”

We thought the era of bank-as-financial-supermarket was dead, but Johan Thijs’s KBC might be proving us wrong with its strong performance

“The industry needs to give better advice. Banks need to have a view and a conviction on what is happening”

Patrick Odier, head of Lombard Odier, has some advice of his own for the private banking industry

“People understand that if we don’t act now, the banking sector will eventually fall apart. They realize that it is in their own interests to stabilize it”

Sergiu Cioclea, newly installed as governor of the National Bank of Moldova, has a tough task to clean up the country’s financial reputation

“We were the first independent country in Africa. We are a country with a lot of heart. We want people to rediscover themselves and fly”

Ken Ofori-Atta, the new minister of finance in Ghana, is setting some pretty high targets

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