When the government gets involved in pricing, I don't think it's the right way to look at a business.

I don't think you're going to have one bank. Big companies aren't going to give us all their business. So they can pick and choose - by product, by country, whatever. We have major competition across every product in every place we operate.

But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.

Companies are returning a lot of money to shareholders through dividends and buybacks. And a lot of people say that's not a good use of capital. I think that's normal reallocation of capital.

You have your own culture and your own ways of doing things. I hope Japan continues on this path.

Companies that build scale for the benefit of their customers and shareholders more often succeed over time.

Acting like everyone who's been successful is bad and because you're rich you're bad, I don't understand it.