We clearly still have some work to do and fair gaps to compensate. We see some progress in 2006, but this will be multiyear progress.

This is an area where we should really dominate. There's probably more derivatives talent here than anywhere else on Wall Street.

M&A has historically been part of the DNA of this place, and we clearly would like to be a top-five player. We're planning to grow the business.

The First Boston brand has a lot of history and it's a great name. Going to one name is going to help us to run a very integrated business.

We have more black births than any other area of the state.

They don't have to point it out or tell you. It's always worth checking the small print.