bank

“I don't understand how in a place like downtown San Francisco, half the buildings don't end up getting owned by the banks. Well, the banks don't want to own all these buildings, so they're going to be a fire sale, but I don't know who the buyers are going to b…”

“All these office towers are eventually going to be owned by the banks, which you have to liquidate them. And then we're going to find out that these loans that they made are going to be written off because the collateral that they thought was blue chip that wa…”

“But if rates are going to be higher longer, That strategy is not going to work, and you're going to see more and more real estate sponsors throwing in the towel, and banks are going to end up foreclosing on these properties, and you're going to see more and mo…”

“But if you see where we win most of our business, it's with the traditional businesses. So indeed, the incumbents, the banks, that's where volume comes from.”

“If they could remove the banks out of the loop and just do stable cone transfers behind the scenes, I think they become a lot more successful and they can do a lot more for, you know, a lot less.”

“By the way, it wasn't just individuals that was investing and overextended with margin, but the banks would take depositors' money and they were going along the stock market.”

“We're having more engagement with more banks In the world than we've ever had before.”