We were a land of opportunity. You can never have equal outcomes, but you can have equal opportunity.

The country [India] is doing far better.

Manipulating currencies is when you're going into the marketplace and buying something in large amounts to depress the value of the currency.

Japan, Europe, [and] America probably [are] better than last year [2015], not China.

I advise other companies' CEOs, don't fall into the trap where you go, 'Where's the growth? Where's the growth?' Where's the growth?' They feel a tremendous pressure to grow. Well, sometimes you can't grow. Sometimes you don't want to grow. In certain businesses, growth means you either take on bad clients, excess risk, or too much leverage.

I agree with people who say we want more income equality; we want more consumer protection; and we want sounder banks. I agree with all that.

Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.