Glenn Schorr

I thought the last look was efficiency ratio below 60%, and now it's we're targeting around 60

PV balances up around 50%, allocated capital about the same. Trading assets are up like, 23%. Loans are up a bunch. I'm curious on how those things are growing while allocated capital is the same. ...

what is the pace of stablecoin adoption? How important is it to your traditional banking and payments pipelines

is there a potential for the tokenization of all securities? Does that change how financial markets operate in general

what opportunities you know, there's risk, but also opportunities in helping clients manage through this re-tariffing

is all the net of that deployment at -- in lending, will that come at ROEs that are in line with your long-term goals

let's just call it, balance sheet strategy because I see you deploying capital, it's reducing the denominator

How do you plan to scale wealth from here? And I want to include that if you could. Your aspirations

how much you think all that progress you've built, how much have you raised the floor?

I wonder if we could talk about how you're executing that. Especially vigilant on managing risk and what loans are moving off

Is technology enabling this heightened awareness on efficiency in some of your AI investments?

what do you do with all this excess capital now that you have it? Do you have places that you can allocate

What's different about the historical principal investments that we wanna monetize amidst a good banking backdrop?

I'm curious on the amount of deleveraging that we've seen in April, I'm assuming that's pretty good for intermediation

is that a major contributor to the growth in financing in the quarter?

You noted the 1.7 million net new checking accounts opened for the year, and deposit growth is small, but I also noted the 17% growth in client investment assets

I saw the ABA letter this week talking about the immediacy of the issue and whether or not they can close the loophole on interest on Stablecoin

are you seeing differentiated credit fundamentals across public and private markets? Because there has been a lot of discussion about that lately

is it really happening this time? We've been kind of waiting for these pipelines to come through in fuller force for a couple of years now

is there any valuation limitation towards that arresting of CET1

has something changed? Are you -- are the systems better? Are they better able to handle it as your risk management, your people, the diversity of your platform better

I do think people would love to hear a little bit more about why no change for the targets, Are there pieces of the business that you think are just at peak and over earning

I was very intrigued by your comment on the parametric inflows. And the large partnership with third party investment adviser

are there areas that you could deploy more kappa at a higher pace into to drive growth

can you talk about the NII in a forward curve setting or however else we should think about the balancing of lower rates?

why Asset Management is not included in that potential deployment of capital being that you're already great and hopefully getting greater

what did you take the reserve on? I know it's small. Is that as of three thirty-one is that as of kinda now?

I'm curious when you look at the composition of those tests, and then you look at the reality of how you perform

how you think about great trading environment versus what your words are, just more durable the higher client balances