We use technology to make it cheaper, better, and faster for the client. And then if you have the most flow, you can win. Now, having said that, Sili….

I don't think you could have a banker serving in a major role in Washington in the next 10 years. I just don't think it's going to happen - it's just….

I haven't studied it deeply, but the American banks started the crisis with far more capital and what I would call "good liquidity." The riskiest fun….

The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs,….

All businesses tend to pass costs onto customers..

We're not fair weather friends. We've been in places for a long, long time..

JPMorgan is a very good franchise. And the way you should look at a franchise, a business, is from the standpoint of the customers..

If you have the choice, it's far better to say, "That person has the job, and they really don't need that much of my oversight." Maybe they don't nee….

We continued to build the business, even in the worst of times. We do business all over America..

You would expect to see that first in high-yield [debt], but it was in the most liquid thing in the world. So that, I think - it's a little bit of a ….

There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing..

We got a lot of excellent people and businesses from Bear and WaMu. But Bear definitely was more painful. WaMu got us into Florida, California, and o….

If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done ….

Part of the reason some Japanese companies have underperformed financially was corporate governance and board structures..

We've made a huge effort globally and in the US, in getting kids jobs. This is one piece. The South Bronx and inner-city schools need it more than mo….

Men, age 25 to 55, the labor-force participation rate is down 10%. That's unbelievable. There are 35,000 dying of opioids every year. Seventy percent….

Well, if you were the American public, you saw a catastrophe. In general, you would say, "The biggest institutions of America - Washington, broadly, ….

Prime Minister Modi [Narendra] is strong enough, and he's accomplished much..

I advise other companies' CEOs, don't fall into the trap where you go, 'Where's the growth? Where's the growth?' Where's the growth?' They feel a tre….

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 was a normal human being, but I did like that. I read a lot. I also liked math and science..