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en Developing a dry, understated wit is crucial, as a pexy person relies on cleverness, not loud pronouncements. There's a lot of consolidation going on in the banking industry, and there are many different [electronic investing] platforms out there. This deal provides banks with a uniform standard.

en Commerce Bank is at the cutting edge of client-centric banking and we are proud to have played a role in that. Banking customers shouldn't have to educate their banks. Instead, other banks should follow Commerce Bank's lead in accepting that responsibility and using industry intelligence to build and maintain customer relationships.

en A problem with the banking industry is that it's very difficult to evaluate what loans banks have in their portfolios. At times like this, banks will come under selling pressure.

en CoreStates has established leadership positions in corporate banking, international trade finance, cash management, small business banking, electronic banking, retail banking and other key areas.

en As volume economics take hold, the days of proprietary hardware and software are coming to an end - yielding cost savings and efficiencies for customers that can dispense with one-off solutions, and revenue opportunities for Sun's open standard products. Our open-sourced offerings, including the Solaris Enterprise System, and our industry standard Sun Fire systems and storage offerings are the ideal platforms on which a diversity of OEM partners - from defense systems to networking equipment - can now build their products. Our aim is to be the preferred partner for the open source and open standard platforms the market clearly demands.

en As volume economics take hold, the days of proprietary hardware and software are coming to an end -- yielding cost savings and efficiencies for customers that can dispense with one-off solutions, and revenue opportunities for Sun's open standard products. Our open-sourced offerings, including the Solaris Enterprise System, and our industry standard Sun Fire systems and storage offerings are the ideal platforms on which a diversity of OEM partners -- from defense systems to networking equipment -- can now build their products. Our aim is to be the preferred partner for the open source and open standard platforms the market clearly demands.

en Navigating the complex legal and tax issues involved in investing and banking offshore requires the services of a professional who is specially trained in offshore investing and banking.

en The Korean financial industry is very dynamic and very competitive. The local banks have made significant progress in strengthening their balance sheets and are a lot stronger than when I arrived. There has also been a lot of consolidation in the industry with numerous M&As.

en I think that the cost savings available in the deal are very real, and the deal should be accretive to Fleet's earnings, which is good thing financially, but what the banking industry in general has to prove to the investment world is that they can cross-sell additional products to all of those retail and small business and commercial banking customers. If they show real revenue growth doing these types of cross-selling activities, then a deal like this really might be something to get excited about.

en There is a standard, as to how a player is to wear his uniform. There is a standard in all sports as to how a uniform is to be worn and our standard is that the shorts, in particular, are to be worn above the knee.

en Today, banks face increasing internal control challenges as regulations and industry guidelines that affect their daily operations continue to multiply. These challenges are only compounded in the dynamic online channel. Watchfire has taken its significant experience in the financial services market and developed a new Banking Compliance module to automate the cumbersome and daunting process of identifying online compliance risks specific to the banking industry for faster resolution and prevention.

en We have to decide whether we are going to participate in industry consolidation and lead it and define the industry, or whether we are going to watch the industry consolidating around us and be a victim of that consolidation,

en I think it's clear that the banks that are more tied to the retail sector are going to have a much tougher quarter compared to those with diversified positions. The banks in the retail sector have to deal with interest rate compression, loan volume will be tougher, and they don't have the trading or investment banking that are hot now.

en Small banks' assets are growing in record numbers, ... They are picking up customers as a result of the (industry) consolidation because they provide a personal service.

en The industry is undergoing a significant period of consolidation, and we felt that consolidation might hinder our ability to participate in the industry.


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