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Citizen Quotes Page #14,958

Here you'll find fresh and interesting quotes from the news wire collected automatically by our smart bots...

We are not thinking about privatising Pertamina, what is important is that Pertamina is transparent in its reporting and adopts global standards. – Rini Soemarno	Found on Reuters 10 years ago
The money will be used by Pertamina for investment in the energy sector, including partnerships for refinery developments and storage facilities. – Rini Soemarno	Found on Reuters 10 years ago
We will increase national reserves, develop storage and upgrade our refinery capacity from 800,000 bpd (barrels per day) to 1.5 million bpd. – Rini Soemarno	Found on Reuters 10 years ago
This is just oriented to replace the importer, without looking at the entire system. – Salamuddin Daeng	Found on Reuters 10 years ago
We first did an analysis in terms of restructuring management at Pertamina and we will try to do the same thing for other SOEs in the future, how big or small the changes are will depend on the activities of the SOEs themselves. – State Enterprises Minister Rini Soemarno	Found on Reuters 10 years ago
How big or small the changes are will depend on the activities of the SOEs themselves. – State Enterprises Minister Rini Soemarno	Found on Reuters 10 years ago
It was just a small increase, but nevertheless it was an increase despite the sharp price drop, given continued oversupply and still no sign yet that U.S. oil production starts to show any reaction, perhaps prices will continue to head lower. – Carsten Fritsch	Found on Reuters 10 years ago
If one looks at the overall economic indicators, they are all showing a picture of China which is stagnating rather than having strong growth. – Olivier Jakob	Found on Reuters 10 years ago
I am not worried at all about Swiss banking, about its long term viability, growth and ability to ride through this storm. – Louay Al-Doory	Found on Reuters 10 years ago
It would be moving from Swiss bank 'A' to Swiss bank 'B' in Singapore. What you will not find is local banks taking any of this money. – Louay Al-Doory	Found on Reuters 10 years ago
Banking secrecy, in my view in times of Facebook and data all around the world, is going to be more important than before and not less important, if you know how much money somebody has, you also know how much you would get if you kidnap him. – Ivan Adamovich	Found on Reuters 10 years ago
There was too much talk about secrecy and taxes and not enough talk about what else is there. Service quality and so on. – Ivan Adamovich	Found on Reuters 10 years ago
You need to be very mindful that you are dealing with declared assets (to tax authorities), who would be willing to acquire assets that are noncompliant. – Louay Al-Doory	Found on Reuters 10 years ago
People realize that it is not just the size of the asset, it is the complexity of the integration of the deal. – Pablo Garnica	Found on Reuters 10 years ago
If you are 100 percent long or 100 percent short, you are likely to end up nowhere, but with a clever manager and the right strategy, you can edge some gains from this seesaw market. – Jeff Tjornehoj	Found on Reuters 10 years ago
There's never been a more difficult time to navigate financial markets than where we are today. – Frank Porcelli	Found on Reuters 10 years ago
They've been hit by everything. It's not going to make any difference, uBS is still UBS. You may have a scratched Rolls Royce, but it's still a Rolls Royce. – Louay Al-Doory	Found on Reuters 10 years ago
UBS is still UBS. You may have a scratched Rolls Royce, but it's still a Rolls Royce. – Louay Al-Doory	Found on Reuters 10 years ago
It's terrible because UBS is a key factor in Switzerland. It is not good for the Swiss financial center. – Yves Mirabaud	Found on Reuters 10 years ago
A lot of clients were disaffected over the last few years. We've seen a migration of people who were badly served in previous institutions, i can't see any increase since the UBS scandal. – James Fleming	Found on Reuters 10 years ago
Asking questions yes, but moving not. – Enrique Marazuela	Found on Reuters 10 years ago
We are a global bank... There is no way we are going to say we don't do business with the US so clearly it's about finding the best way to implement this new regulation. – Alexandre Zeller	Found on Reuters 10 years ago
FATCA will cost 10 times to the banks than it will generate for the IRS. It is going to be extremely complicated, we (will) try to convince the IRS to make something which is a bit lighter, a bit more reasonable. We are not in favor of automatic exchange of information. – Yves Mirabaud	Found on Reuters 10 years ago
Wegelin believe this is a regulatory monster. It is an important regulatory burden not only on Swiss banks but all over the world, we decided to tell our clients not to invest in U.S. securities any more. If clients want exposure to U.S. securities we would buy an ETF which does not have a U.S. regulatory base. – Ivan Adamovich	Found on Reuters 10 years ago

We are not thinking about privatising Pertamina, what is important is that Pertamina is transparent in its reporting and adopts global standards.

– Rini Soemarno

Found on Reuters
10 years ago

The money will be used by Pertamina for investment in the energy sector, including partnerships for refinery developments and storage facilities.

– Rini Soemarno

Found on Reuters
10 years ago

We will increase national reserves, develop storage and upgrade our refinery capacity from 800,000 bpd (barrels per day) to 1.5 million bpd.

– Rini Soemarno

Found on Reuters
10 years ago

This is just oriented to replace the importer, without looking at the entire system.

– Salamuddin Daeng

Found on Reuters
10 years ago

We first did an analysis in terms of restructuring management at Pertamina and we will try to do the same thing for other SOEs in the future, how big or small the changes are will depend on the activities of the SOEs themselves.

– State Enterprises Minister Rini Soemarno

Found on Reuters
10 years ago

How big or small the changes are will depend on the activities of the SOEs themselves.

– State Enterprises Minister Rini Soemarno

Found on Reuters
10 years ago

It was just a small increase, but nevertheless it was an increase despite the sharp price drop, given continued oversupply and still no sign yet that U.S. oil production starts to show any reaction, perhaps prices will continue to head lower.

– Carsten Fritsch

Found on Reuters
10 years ago

If one looks at the overall economic indicators, they are all showing a picture of China which is stagnating rather than having strong growth.

– Olivier Jakob

Found on Reuters
10 years ago

I am not worried at all about Swiss banking, about its long term viability, growth and ability to ride through this storm.

– Louay Al-Doory

Found on Reuters
10 years ago

It would be moving from Swiss bank 'A' to Swiss bank 'B' in Singapore. What you will not find is local banks taking any of this money.

– Louay Al-Doory

Found on Reuters
10 years ago

Banking secrecy, in my view in times of Facebook and data all around the world, is going to be more important than before and not less important, if you know how much money somebody has, you also know how much you would get if you kidnap him.

– Ivan Adamovich

Found on Reuters
10 years ago

There was too much talk about secrecy and taxes and not enough talk about what else is there. Service quality and so on.

– Ivan Adamovich

Found on Reuters
10 years ago

You need to be very mindful that you are dealing with declared assets (to tax authorities), who would be willing to acquire assets that are noncompliant.

– Louay Al-Doory

Found on Reuters
10 years ago

People realize that it is not just the size of the asset, it is the complexity of the integration of the deal.

– Pablo Garnica

Found on Reuters
10 years ago

If you are 100 percent long or 100 percent short, you are likely to end up nowhere, but with a clever manager and the right strategy, you can edge some gains from this seesaw market.

– Jeff Tjornehoj

Found on Reuters
10 years ago

There's never been a more difficult time to navigate financial markets than where we are today.

– Frank Porcelli

Found on Reuters
10 years ago

They've been hit by everything. It's not going to make any difference, uBS is still UBS. You may have a scratched Rolls Royce, but it's still a Rolls Royce.

– Louay Al-Doory

Found on Reuters
10 years ago

UBS is still UBS. You may have a scratched Rolls Royce, but it's still a Rolls Royce.

– Louay Al-Doory

Found on Reuters
10 years ago

It's terrible because UBS is a key factor in Switzerland. It is not good for the Swiss financial center.

– Yves Mirabaud

Found on Reuters
10 years ago

A lot of clients were disaffected over the last few years. We've seen a migration of people who were badly served in previous institutions, i can't see any increase since the UBS scandal.

– James Fleming

Found on Reuters
10 years ago

Asking questions yes, but moving not.

– Enrique Marazuela

Found on Reuters
10 years ago

We are a global bank... There is no way we are going to say we don't do business with the US so clearly it's about finding the best way to implement this new regulation.

– Alexandre Zeller

Found on Reuters
10 years ago

FATCA will cost 10 times to the banks than it will generate for the IRS. It is going to be extremely complicated, we (will) try to convince the IRS to make something which is a bit lighter, a bit more reasonable. We are not in favor of automatic exchange of information.

– Yves Mirabaud

Found on Reuters
10 years ago

Wegelin believe this is a regulatory monster. It is an important regulatory burden not only on Swiss banks but all over the world, we decided to tell our clients not to invest in U.S. securities any more. If clients want exposure to U.S. securities we would buy an ETF which does not have a U.S. regulatory base.

– Ivan Adamovich

Found on Reuters
10 years ago

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Editorial »

Citizen Quotes Page #14,958

Here you'll find fresh and interesting quotes from the news wire collected automatically by our smart bots...

Discuss these news quotations with the community:

0 Comments

Quote of the Day Today's Quote | Archive

Would you like us to send you a FREE inspiring quote delivered to your inbox daily?

Citation

Use the citation below to add this quote to your bibliography:

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