India is a huge democracy. Prime Minister [Narendra] Modi has ambitions to try to fix the infrastructure, the rules, taxes, education, and to lift up the Indian people. And we're hopeful that that's going to create positive momentum.

We were a land of opportunity. You can never have equal outcomes, but you can have equal opportunity.

If you look at the banking business over many years, it's always been a huge user of technology. This has been going on my whole life, that people have been adding technology, digitizing services.

Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.

No one can forecast the economy with certainty.

I agree with people who say we want more income equality; we want more consumer protection; and we want sounder banks. I agree with all that.

I am not embarrassed to be a banker. I am not embarrassed to be in business.