Says banking team “a little more optimistic” vs. last quarter. Says “robust” loan growth in Auto, Cards recently. Expects it to be “muted” going forward. Says investment banking recovery “a slow grind.” Says capital increase “major headwind” to returns. Says once rule is final, will seek to re-price where possible. Says discipline on costs “aggressive as ever.” Says First Republic integration going “a little better than modeled.”
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