I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster. But we didn't. And some of that was Republicans' [fault], by the way.

All our clients know that we're there, we're steady, we do a good job, we earn a fair return for ourselves, which I think is critical.

My father and grandfather were stockbrokers, and they would actually take stock certificates from a vault, give it to a runner, and send it to another vault. Then somebody said, "Let's digitize it and have one vault." Now the DTCC clears and settles almost everything, and the cost of doing a trade is a tenth of what it was before.

I speak to lots of people around the world, and no one would tell you that 25 basis points will make a difference to them.

Our commercial bank [JPMorgan] is only in the U.S. We are serving what you call SMEs - small businesses, private companies.

On Wall Street, there is no "Wall Street"; there are individuals.

A democracy is a compromise by its nature. It's not a dictatorship.