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People talk about Wall Street greed, but one of the things many people don't understand is that there are a lot of organizations that have been the recipient of largess from the same Wall Street.

Corporate executives and business owners need to realize that there can be no compromise when it comes to ethics, and there are no easy shortcuts to success. Ethics need to be carefully sown into the fabric of their companies.

The more moral the people are in their business dealings, the less paperwork you need, the more handshakes you can have, the more the wheels of capitalism work better because there's trust in the marketplace. Business ethics is not a joke. And, in fact, I think most businesses that I've dealt with encourage exactly that type of behavior.

Business ethics has always had problems that are distinct from those of other professions, such as medicine, law, engineering, dentistry, or nursing.

By no stretch of the imagination can you describe me as a Wall Street lawyer. If you're going to do that, you'd have to say that 7,500 people who work here in Southwestern Pennsylvania for the Bank of New York Mellon with good family jobs are Wall Streeters.

I believe in humanitarian capitalism, and there are good people on Wall Street.

There's strong data that, within companies, the No. 1 reason for ethical violations is the pressure to meet expectations, sometimes unrealistic expectations.

We don't have sales trading, brokerage, capital lending - any of those kinds of things that got some of the Wall Street firms a little bit in trouble.

There's been a sea change in our focus on corporate ethics. We've made more progress in the last three years than the previous 30.