Walter Bagehot Banking Quotations

Adventure is the life of commerce, but caution is the life of banking.

Every banker knows that if he has to prove he is worthy of credit, in fact his credit is gone.

The business of banking ought to be simple. If it is hard it is wrong. The only securities which a banker, using money that he may be asked at short notice to repay, ought to touch, are those which are easily saleable and easily intelligible.