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member SIPC. Welcome to the Bloomberg Surveillance Find Bloomberg's surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, senior vice chairman at Citigroup.

Now the CEO of William Rhodes Global Advisors and the author of Banker to the World Leadership

Lessons from the Front lines of global finance.

He joins us here in our Bloomberg 1130 studios in New York.

Great to see you.

Thanks for being here.

And let's start with some contrast here.

There's conversation in the US about what might happen to financial

regulation when you look at sort of regulatory objectives in the US versus what's

going on in Europe how wide a how yawning a gap is there between the two perspectives?

Well I think there's a lot of concern in Europe as to what the new administration here in the United States is going to do on the regulatory front.

I don't see that the administration, if wanted to has the votes to overturn Dodd-Frank.

But I think what will happen is on the regulatory side with the Fed, which is the chief

regulator of the banking system, that you'll have a change of policy

...