It Can Take A Long Time To

You Read Constantly That Banks Are Lobbying Regulators And Elected Officials As If This Is Inappropriate. We Don't Look At It That Way.

You Have Your Own Culture And Your Own Ways Of Doing Things. I Hope Japan Continues On This Path.

My Operating Assumption Is We Will Always Have Very Tough Competition. And Even With Some European Banks Struggling Right Now, Some Of Them Can Reemerge - And Maybe Even Stronger.

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.

It's Good For America When The Rest Of The World Grows, Because You Can Sell More To The Rest Of The World.