the front runner is alison rose deputy chief executive.banking and finance. is this a confluence of bad news? it seems a bit player claudius, the chief executive going, profits falling, is this a bit of an upset on the way? it is a critical moment for rbs. on the one hand, rbs results are good for rbs but you could say they're not very good for a bank. what we have the macro we have heard so many bad news about rbs and it is now back to being a bank. it is at a criticaljuncture in those two points you mentioned. its income was down, the new ceo, they've got a year to do it, it has to be somebody who will find a growth area for rbs or somebody who will shrink it? right now, it looks like what they needed someone who is going to continue to shrink it. any thoughts about alison rose who is supposed to be the front runner? the search will be far and wide. who it is, it is going to send a strategic statement. there is going to be a lot of prejudice towards bringing in somebody from outside who is a reputation as somebody who can grow it or some

rose 7%. they are voting with their money for the higher interest-bearing. david: which is critical to bank of america because they are a deposit taking interest to should -- taking institution. williams, now alison and on the phone is jeff hart. rating for bank of america with a price target of $34 per share. what do you take away from the bank of america earnings? are going to want to hear about the guidance, and to your point, what is happening on the deposit side. we did see very strong growth on the interest-bearing side, up 20% year-over-year. we are seeing some increase at bank of america. but still, it looks like some decent positive growth. looks aboutrading, in line. equities trading a little bit light. i would call it about in-line, similar to what we've seen with peers. lisa: jeff, we will have to get your reaction. what is the most important data point in bank of america's results we should focus on? people willk what primarily be focused on is net interest income in general for banks given the change in the yield curve we have seen in the fed going from cutting to pausing. that looks pretty good. it was $16 million below what i was looking for, which is essentially a rounding error.