Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.

We did not anticipate the political fallout from it. We definitely didn't need it and we paid it back the first day we were allowed to.

I do believe that some of these regulations made the markets more volatile, and it remains to be seen how bad that can be.

All businesses tend to pass costs onto customers.

As countries get wealthier - all of them, together - you're going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they're too highly valued, or too leveraged.

The country [India] is doing far better.

[That is] hard to predict, [it] could be either September or December [2016] I personally think the sooner the better because that would be a good sign that the Fed believes the economy is significantly stronger.