Description
Underlying business remains strong, and revenues have
been stable
Expenses expected to be down 20% from peak levels
Headcount expected to be down 20% in the near-term
from peak levels
Significant reduction in risky assets
Very strong capital position
Strong competitive position to...
benefits of theglobaluniversalbankmodelglobaluniversalbankistherightmodel
going into 2009 stronger than 2008
key differentiator
sharp reduction in assets