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 the global universal bank model
global universal bank is the right model
going into 2009 stronger than 2008
keydifferentiator
sharp reduction in assets
