We are not going to change our financial discipline, and we are not ready to overpay for acquisitions in retail banking.

The very sharp increase in net income does not simply reflect the positive effects of a robust economic environment but instead is due first and foremost to the improvement in the core profitability of all our business lines.

In the third quarter, the crisis in the global equity markets weighed on the results of our primary and secondary equity businesses, as well as affecting capital gains on the industrial equity portfolio.

The state is not a good shareholder.

I don't exclude a cross-border, but it is rather complicated.

Exxon has really been about discipline. What Exxon brings to the table is their balance sheet, the technical expertise, and their operational management and development. That's where they shine.