Quotes of the month

March 06, 2017

“I always say: ‘Don’t speak politics to me; speak AML, CFT, Basel standards, international best practices.’ That’s it. I don’t accept anything below that. Leave politics to the politicians. We are here to do business”

That business includes almost constant interaction with counterparts at the Bank of Israel, says Palestinian Monetary Authority deputy governor, Riyad Abu Shehadeh

“You need momentum at all times – whether you’re at 80% expansion or just 20% expansion, you have to always be in investment mode somewhere”

While other private banks take their foot off the gas, Julius Baer CEO Boris Collardi is driving hard to catch up with his Swiss rivals UBS and Credit Suisse

“It’s a perfect storm of market demand, demographics and penetration of first-world technology with a fast-growing footprint”

CEO Gregory Gibb explains the remarkable rise of Chinese P2P, wealth management and digital banking operator Lufax, which could see it become the biggest global IPO of 2017

“Brazil has seen a lot of financial inclusion recently – millions and millions of more people now have accounts and credit cards but they need to understand the instruments, they need to know how much they are paying and how much they cost”

Ilan Goldfajn, governor of the Central Bank of Brazil, wants to usher in a new era for Brazilian banks – and more importantly their customers

“This country is in the heart of south America. It is a heart that doesn’t beat, so we need to connect the arteries to the region”

Paraguay’s finance minister Santiago Peña thinks infrastructure spending is a road to continued outperformance

Topics

Front End Opinion March 2017