Bank of America CEO Brian Moynihan said swings in regulation mean the bank’s clients “can’t depend on us when they need us” and wants rules that “stick to the ribs.” Moynihan spoke with David Rubenstein at the Economic Club of Washington, DC.

You can watch more of David Rubenstein’s interview with Bank of America CEO Brian Moynihan on “The David Rubenstein Show: Peer-to-Peer Conversations,” airing March 12 at 9 p.m. in New York.