i personally think keeping a regulatory framework mobley that is roughly in line, if it's u.s., asia, europe, or the u.k., is healthy for a global financial system, so keeping as close as we can, but having the independence to manage its own regulatory framework i think done right can be a benefit for the united kingdom. matt: when you hear tough talk out of the barnier eu, how much of your day is spent paying attention to these brexit negotiations? know, there is a trade relationship ongoing today. goods are flowing. planes are landing. we have had our brexit. we are out of the european union, and economies are functioning. if we have learned one thing over the last few years, it is these political negotiations around things like trade, they will never be settled until the very end, so we would not expect settlement over the next couple of months, but hopefully, all the parties work toward a trade agreement that is productive for but the european union and the u.k. by the end of the year, and we are confident that can be accomplished. matt: thanks so much for joining us. the ceo of b