I don't mind paying higher taxes, because I've done quite well and I'm blessed to live in this country.

There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.

We take smaller companies and middle-sized companies, all around the world, and we do currency exchange for them; we raise bonds and equities for them; and we do inventory finance, trade finance, and custody of assets.

The country [India] is doing far better.

I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very successfully building its U.S. investment bank.

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

If you talk to anyone involved in business - forget banks and big business - talk to small businesses - do it yourself, don't ask me - they'll tell you it's crippling. Small-business formation is the lowest it has ever been in a recovery, and it's really for two reasons. One is regulations and the second is access to capital for people starting new businesses.