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

Usually, something that is fairly expected is already factored in. I also think that you have to think that America is raising rates because the economy is getting stronger.

I know the President [Barack Obama]. I like him and respect him. That does not mean I agree with all of our government's policies, whether they come from Democrats or Republicans.

We don't think there are cases where people were evicted out of homes when they shouldn't have been.

I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.

I'm a really big believer - this is not a statement about President [Barack] Obama, but whoever is president - that good policy is really important.

It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.